Meyer Burger concludes key strategic contract for about CHF 29 million for the delivery and provisioning of a fully integrated high efficiency heterojunction cell line with European PV manufacturer EcoSolifer. The total contractual volume includes an option for the future delivery of advanced SmartWire Connection Technology.
EcoSolifer Ltd., a cutting edge European PV developer and manufacturer of high performance solar technology, has awarded Meyer Burger a strategic contract with a total value of about CHF 29 million. The first order out of this contract is for CHF 23 million and includes the delivery and installation of a high efficiency heterojunction (HJT) cell line, making EcoSolifer the first major industrial heterojunction cell producer worldwide. The order also includes Meyer Burger’s integrated cell performance measurement and sorting technology and a FabEagle® MES modular software system for scaleable production management. The complete contract encompasses an option for the future delivery of Meyer Burger’s innovative SmartWire Connection Technology (SWCT) which, in strategic partnership with manufacturers of SWCT modules, enables EcoSolifer to take a leading role in the PV market in Europe and other key markets for high efficiency solar modules while maintaining its opportunity for opening different new markets.Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful signing of a strategically important contract for the delivery and provisioning of a fully integrated high efficiency heterojunction cell line in Europe including comprehensive customer training and support services as well as joint development activities with an option for the later delivery of SmartWire Connection Technology.
Following an extensive six-month technical evaluation process, EcoSolifer has selected the innovative, industrialised PV technologies from Meyer Burger with the goal of achieving a clear cost and performance differentiation in comparison to existing manufacturers in the PV market. EcoSolifer CEO Dr Ákos Haidegger sees mutual benefits in the cooperation stating, “the combination of Meyer Burger’s high efficiency bifacial heterojunction cell technology with EcoSolifer’s broad know-how in PV development and industrial scale production capability could trigger an extraordinarily dynamic impulse and influence the entire solar market.” EcoSolifer plans to reach a half gigawatt of cell production capacity in the short term in order to leverage its scale of production and be extremely competitive with its European manufacturing facility. Meyer Burger CEO Peter Pauli comments “with our future-oriented integrated photovoltaic technologies, Meyer Burger is ideally positioned to support EcoSolifer in combating the shortage of high efficiency solar modules in the photovoltaic market. This is the beginning of important ongoing joint development in the European and global markets.”
Delivery and installation of the heterojunction cell line technology to EcoSolifer’s European manufacturing site in Csorna, Hungary is scheduled for late 2015. EcoSolifer plans to begin industrial manufacturing in the first quarter 2016. The initial production line has an annual capacity of 90-100 MW.
Contact:
Werner Buchholz
Head of Corporate Communications
Tel: +41 33 221 25 06
werner.buchholz@meyerburger.com
Ingrid Carstensen
Corporate Communications
Phone +41 (0)33 221 28 34
ingrid.carstensen@meyerburger.com
About Meyer Burger Technology Ltd
www.meyerburger.com
Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’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 company currently employs around 1,700 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.
Meyer Burger’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 company’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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