Meyer Burger awarded contract for high efficiency SWCT Module line in USA
SolarTech Universal LLC, a US-based manufacturer of high quality photovoltaic modules concludes a contract with Meyer Burger as technology partner for the delivery and installation of the first fully integrated high efficiency SmartWire Connection Technology module line in the USA.
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced today that it has successfully concluded a contract for the delivery and installation of a fully integrated high efficiency SmartWire Connection Technology (SWCT) module line in the USA.
SolarTech Universal LLC is a US-based manufacturer of high quality photovoltaic modules and committed to providing quality and advanced products such as the advanced SmartWire Connection Technology photovoltaic modules of Meyer Burger. The annual production capacity of this module production line exceeds 80 MW. Delivery of the systems by Meyer Burger as well as the start of production by the customer is planned for second quarter 2015. "We strongly believe in this new technology, and could not have picked a better partner than Meyer Burger for our module production line.", states Boris Rosenstein, Executive President/CEO of SolarTech Universal, LLC.
«SmartWire Connection Technology»
In comparison to conventional busbar cell technology, Meyer Burger’s SmartWire Connection technology delivers an increased energy benefit of up to 3% for solar cells following encapsulation in the module. This is made possible by a dense contact matrix of up to 2,660 contact points on the solar cell. In contrast to standard busbar technology where each finger routes the electrical currents to a busbar, the SWCT connects all fingers together directly on the surface of the cell. The fingers are electrically connected in a close grid which prevents micro cracks and cell breaks from negatively impacting the module performance over the entire module lifetime.
Through the elimination of the busbars in SmartWire Connection technology, up to 80% less silver is used in the production of the cells. The significantly reduced use of silver in combination with the thinner fingers on the cells results in a reduction in production costs of as much as 7 USD per module. SWCT is compatible to all silicon cell technologies and can also be used in the next generation of finger metallisation technology.
For further information, please contact:
Werner Buchholz
Corporate Communications
Meyer Burger Technology Ltd
Tel: +41 (0)33 221 25 06
werner.buchholz@meyerburger.com
About Meyer Burger Technology Ltd
www.meyerburger.com
Meyer Burger is a leading global technology Group specialising on innovative systems and processes based on semiconductor technologies. The Group’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. The Group currently employs more than 1,900 people across three continents. 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.
The Group’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 Group’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 Group 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, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The Group 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).
THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.
This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
Press Release, PDF, 90KB
