Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) and Ecosolifer Ltd have agreed to draw a line under a project from 2015. The 2015 contract included the delivery of an earlier generation heterojunction cell line for the manufacturing plant in Csorna, Hungary. Ecosolifer, on its own initiative, had temporarily suspended the project and therefore […]
Meyer Burger gives update on major contract for its heterojunction core equipment
On July 22, 2019, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced that it had signed an important framework contract with a solar cell manufacturing start-up company in North America for its heterojunction (HJT) core equipment. The contract volume is expected to reach around CHF 100 million and is subject to the customer successfully […]
Closing of the sale of the Meyer Burger company building
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announces the closing of the sale of its headquarters building in Gwatt (Thun) to the Helvetica Swiss Commercial Fund (HSC Fund). The City of Thun waives its pre-emptive right to acquire the building and granted the pending approval for sale. The change of ownership took place […]
Meyer Burger is selling its software business to S&T AG for CHF 14 million in cash
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it is selling its subsidiary AIS Automation Dresden GmbH (Germany) to S&T AG in Linz (Austria). The two companies signed a contract to this effect on October 24, 2019. S&T AG is taking over all business units of AIS as well as the roughly […]
Meyer Burger sells company building to Helvetica Swiss Commercial Fund
Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) today announces the sale of its company building at the corporate headquarters in Gwatt (Thun) to Helvetica Swiss Commercial Fund (HSC Fund). The purchase price is CHF 42.5 million, of which around CHF 31 million will be transferred at the time of change of ownership, with the […]
Meyer Burger receives a further partial order from Oxford PV for about CHF 18 million
Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) today announced that it has received a further partial order from its strategic partner Oxford PV. The order volume is around CHF 18 million. The new order comprises the expansion of the previously ordered heterojunction (HJT) key equipment into an integrated 125 MW production line for high-efficiency […]
REC Group Plans Strategic Collaboration With Swiss Solar Technology Leader Meyer Burger
MUNICH: Following the successful launch of REC Group’s groundbreaking Alpha solar panel at Intersolar in Munich in May 2019, the leading European brand for solar photovoltaic panels today announced that it has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. As a front running innovator leading the pack in solar technology, REC Group is looking […]
Meyer Burger plans to adapt business model and enter strategic collaboration with REC
Meyer Burger Technology AG (SIX Swiss Exchange: MBTN) today announced that it has entered into a memorandum of understanding (MoU) for a strategic collaboration with REC Solar Pte. Ltd. (REC). This MoU is in line with the announcement on 22 July 2019 that the Board of Directors plans to explore all strategic options for Meyer […]
Meyer Burger impacted by weak demand in photovoltaic sector in H1 2019
• Focus on Heterojunction (HJT) und SmartWire Connection Technology • Sale of wafering business • Strategic partnership with Oxford PV for the development of new technologies • Strategic partnership with REC • Order intake on comparable basis -0.6% • Net sales on comparable basis -36.8% • EBITDA of CHF -13.2 million • EBIT of -21.1 […]
Meyer Burger receives initial order for HJT production line from Oxford PV for about CHF 20 million
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has received its first order from its strategic partner, Oxford Photovoltaics Limited (Oxford PV), for a heterojunction (HJT) manufacturing line including necessary adaptions enabling the upgrade to perovskite-on-HJT tandem technology. The order for the upgrade itself will follow later this year.The current contract […]