Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the signing of a major framework contract with a solar cell manufacturing start-up company for its Heterojunction (HJT) core equipment. The North American manufacturer was founded by solar industry veterans. Subject to closing of the company’s financing round, the contract volume is expected to be approximately CHF 100 Mio.
Meyer Burger expects to recognize the order intake with the contractual down payment in the beginning of the fourth quarter of 2019.
About Meyer Burger Technology Ltd
Meyer Burger is a leading and globally active technology company specialising in innovative systems and production equipment for the photovoltaic (solar), semiconductor and optoelectronic industries. As an internationally recognised premium brand, Meyer Burger offers its customers in the PV industry reliable precision products and innovative solutions for the manufacture of highly efficient solar cells and solar modules.
Meyer Burger’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 (Ticker: MBTN).
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