Meyer Burger to introduce unified glass-glass-based product platform for high-performance solar modules

 

The new product platform is a unified, leaner and flexible concept for Meyer Burger's future solar modules With optimized glass on front and back, Meyer Burger combines the advantages of heterojunction cell technology with the durability and quality of glass-glass module technology while maintaining high module performance, appealing aesthetics and low weightMeyer Burger expects the adoption of the new product platform to result in leaner production and logistics processes as well as faster scalability of new manufacturing capacitiesDue to upgrades of the production lines for the new platform and a delayed ramp-up of the third module line due to supply chain issues, the production volume will be reduced to approximately 800 megawatts in 2023The upgrades to production lines and products are the basis for both rapid growth and long-term competitive manufacturing costs and high selling prices in the premium market segmentPositive group result expected at EBITDA level despite reduced production volume and upgrades

The lines for the future Goodyear site in the United States are designed for the new product platform from the outset. Technical upgrades at the Freiberg plant are scheduled to start in the second quarter of 2023. While the progress of the expansion of German production capacity to 1.4 gigawatts is largely satisfactory, ongoing disruptions in global supply chains for some industrial electronics components are causing the ramp-up of the third module line in Freiberg to be postponed until the summer. The combination of supply chain issues and the preparation of production lines for the new platform results in a lower production volume than previously announced. Meyer Burger now aims to produce solar modules with a total output of approximately 800 megawatts in 2023. 

Even before the introduction of the new platform, Meyer Burger will increasingly manufacture and make more widely available the current glass-glass product, which is already in high demand in the market today. Black and white glass-backsheet modules will continue to be available until the transition to the new platform is complete in order to serve customer needs also in the transition phase. 

The new platform can be combined with future solar cell technologies such as IBC-HJT and HJT-perovskite tandem. It thus secures future development steps on Meyer Burger's innovation roadmap. 

Meyer Burger expects a positive group result on EBITDA level for fiscal year 2023 despite the reduced production volume and the additional expenses for the production line and product portfolio upgrades.

Contacts:

Meyer Burger Technology AGDynamics Group AGAnne SchneiderAndreas DurischHead Corporate CommunicationsSenior PartnerM. +49 174 349 17 90T. +41 43 268 27 47 M. +41 79 358 87 32anne.schneider@meyerburger.comadu@dynamicsgroup.ch 
End of Inside InformationLanguage:EnglishCompany:Meyer Burger Technology AGSchorenstrasse 393645 GwattSwitzerlandPhone:+41 033 221 28 00E-mail:mbtinfo@meyerburger.comInternet:www.meyerburger.comISIN:CH0108503795Valor:A0YJZXListed:SIX Swiss ExchangeEQS News ID:1572611
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