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20.07.2017 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger continues its leadership of PERC market with innovative expansion of its industrialized MAiA ® production platform. First order for the new MAiA ® EVO received from solar industry leader LONGi Solar Technology.

 

 Meyer Burger continues its leadership of PERC market with innovative expansion of its industrialized MAiA® production platform. First order for the new MAiA® EVO received from solar industry leader LONGi Solar Technology. 

Meyer Burger Technology Ltd today announced the successful launch of its new MAiA® EVO system as well as the receipt of an order for the first MAiA® EVO from LONGi Solar Technology (Taizhou) Co., Ltd, a wholly owned subsidiary of LONGi Green Energy Technology Co., Ltd. The innovative MAiA® EVO combines the advantages of the MAiA® platform for rear side coating of PERC solar cells with the SiNA® platform for front side cell coating and translates directly into substantial cost savings for photovoltaic manufacturers. The pioneering integration of both front side anti-reflection coating and rear side passivation coating into a single system not only reduces the complexity of solar cell production, it also reduces operating costs and the overall manufacturing footprint resulting in a further sustainable decrease in PV manufacturing costs. The MAiA® EVO is poised to become the technology of choice for PV cell manufacturers who are building up new PERC cell production capacities.

 

Collaboration with LONGi

As a leading manufacturer of high-efficiency mono-crystalline solar cells and modules with extensive production experience on Meyer Burger’s industrialized MAiA® platform, LONGi Solar Technology has placed the first order for Meyer Burger’s MAiA® EVO system for the manufacture of high quality PERC solar cells.

 

Mr Li Zhenguo, President of LONGi Green Energy Technology Co., Ltd, commented: “We are very satisfied with the performance of Meyer Burger’s MAiA® 2.1 and we strongly believe that the integrated MAiA® EVO system is the ideal solution to further decrease our manufacturing costs and support us as we expand our production volume of highest quality PERC cells. The PV market is very competitive and an innovative solution like the MAiA® EVO enables us to successfully remain ahead of the industry.”

 

Meyer Burger Chief Commercial Officer Michael Escher stated: “We are very honored that LONGi, who is a market leader in PV production, has selected our innovative MAiA® EVO as their technology of choice. With this new system, we can provide our customers with an integrated, innovative cell coating solution from a single supplier. While Meyer Burger continues to maintain its extraordinary market position with PERC, our new MAiA® EVO opens up an exciting opportunity to further expand our market share in the competitive front side anti-reflection coating market.”

 

The first MAiA® EVO is scheduled to be delivered, installed and commissioned during the second half of 2017.

 

 

 

Contacts:

Ingrid Carstensen

Corporate Communications

Phone: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

 

Daniel Eicher

c/o Tolxdorff & Eicher Consulting

Phone: +41 (0)33 221 28 83

daniel.eicher@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. 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).

 

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.

 

 

 

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