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25.07.2013 - Corporate

Meyer Burger awarded two contracts totalling over CHF 5 million with customers in Asia and Europe

 

  Meyer Burger awarded two contracts totalling over CHF 5 million with customers in Asia and Europe  

Meyer Burger has successfully concluded an important contract for a fully integrated, automated solar module manufacturing line with a new customer in the United Kingdom. Meyer Burger also announces the signing of a contract with an existing customer in Taiwan for the sale of both on-stock and second hand slicing equipment for solar wafers. The two contracts have a combined value of over CHF 5 million.

 

Today Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) announced the successful signing of an important new contract as preferred supplier with Sunsolar Energy Ltd, the first UK domestic module manufacturer, to deliver the very first automated, integrated module line in the United Kingdom for the production of high quality, innovative solar modules for the UK market. The state-of-the-art module line includes lamination, cell connection, handling, performance testing and fast-track certification technologies as well as comprehensive customer training and support services.  With a start-up annual production capacity of 35 MW, the module line can be quickly expanded up to a production capacity of 75 MW with plans by the customer for further expansion in the coming years. The manufacturing equipment is scheduled to be delivered by the end of September 2013 and the customer plans to begin production in November 2013.

 

Meyer Burger also announced today that it has signed a contract with Gigastorage, an existing customer in Taiwan, for the delivery of slurry based wire saws from both current and second hand stock. The machines, which support the customer’s planned production expansion, will achieve an annual output of approximately 200 MW. Full delivery is also scheduled for completion by the end of September 2013.

 

  

For further information:

 

Meyer Burger Technology Ltd

Ingrid Carstensen

Tel: +41 33 221 28 34

ingrid.carstensen@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 over 2,000 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, product 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, re-grooving services, 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 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.