Meyer Burger sells high-end equipment and technologies worth around CHF 22 million to the Russian solar company Hevel LLC.

Meyer Burger sells high-end equipment and technologies worth around CHF 22 million to the Russian solar company Hevel LLC.

Hevel LLC, the largest integrated solar company in Russia, has placed an order with Meyer Burger for the supply of high-end systems for the qualification of crystalline solar wafers, the coating and performance measurement of heterojunction cells, as well as SmartWire Connection Technology for connecting cells. These Meyer Burger systems will develop Hevel’s existing technology into an integrated cell and module line for the production of high-efficient Heterojunction and SWCT solar modules. The contract is worth around CHF 22 million. Delivery and commissioning of the systems is scheduled for the first half of 2017.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a large order from the solar company Hevel LLC for high-end solar equipment with a projected total production capacity of around 160 MW. The order from the Moscow-based solar company includes Meyer Burger equipment and technologies for the entire PV value chain, ranging from crystalline solar wafers to cell and module production. The order encompasses the supply of systems for quality inspection of high-value crystalline solar wafers and for performance measurement and sorting of high-efficiency HJT cells on the one hand, and the supply of systems for innovative cell coating with heterojunction technology (HJT) as well as the connection technology using SmartWire Connection Technology (SWCT) for high-performance solar modules on the other. Meyer Burger surpassed well-known international competitors thanks to its highly motivated, professional and solution-oriented workforce as well as its long-standing and extensive expertise in highly efficient solar technologies.

In future, Hevel LLC will supply the Russian domestic market, the Middle East and India with bifacial high-performance modules. The planned production capacity after upgrading the module factory will be around 160 MW.

Delivery and commissioning of the Meyer Burger equipment is scheduled for the first half of 2017.

For further information, please contact:

Werner Buchholz

Head of Corporate Communications

Phone +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 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 over 1,500 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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