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Meyer Burger awarded further contracts of about CHF 22 million from an Asian customer

Meyer Burger awarded further contracts of about CHF 22 million from an Asian customer

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Meyer Burger awarded further contracts of about CHF 22 million from an Asian customer for its MB PERC cell technology on the MAiA® platform and its SiNA® cell coating equipment.

Meyer Burger has received additional orders for its MAiA® 2.1 system with the industry-leading MB PERC cell technology and for its SiNA® cell coating system. The combined contract volume from an existing Asian customer amounts to about CHF 22 million.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded further contracts with an existing Asian customer for its SiNA® system for front side cell coating and it industrialized MAiA® 2.1 system with the mass production scalable MB PERC technology. With Meyer Burger’s high-performance MAiA® for rear side passivation coating and SiNA® for front side anti-reflection coating, the customer plans to upgrade and further expand its production volume of high efficiency PERC cells. As the market leader in the field of PERC, Meyer Burger is growing its market share by supporting its customers with innovative technology solutions for front and rear side cell coating.

The combined contract volume of the orders amounts to about CHF 22 million with revenue recognition expected in 2018.

Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

Meyer Burger’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

The company’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange

Source: Meyer Burger
Anand Gupta Editor - EQ Int'l Media Network

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