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Meyer Burger secures USD-16m PERC equipment orders in Asia

Author: katheriine_0x. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

April 26 (Renewables Now) - Swiss solar equipment maker Meyer Burger Technology AG (SWX:MBTN) said today it has won a contract worth some CHF 16 million (USD 16.3m/EUR 13.4m) for its MB PERC (Passivated Emitter Rear Contact) cell technology.

More specifically, Meyer Burger has completed a repeat order for its MAiA 4.1 system for rear side coating of PERC solar cells, which will be used at a production plant in Malaysia. The name of its Asian client, which it says is a global leader in the photovoltaic (PV) industry, was not provided.

In addition, the Swiss firm has secured an order for its fully-integrated FABiA 4.1 platform from the same customer for a manufacturing facility in China. Meyer Burger explained that the specific system combines both front- and rear-side cell passivation under a single platform, which simplifies the production process by lowering the overall manufacturing footprint by over 30%.

The company intends to start deliveries of the equipment in the third quarter of 2018, expecting revenues from the deal to be recognised in the last quarter of the year.

(CHF 1.0 = USD 1.016/EUR 0.835)

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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