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07.04.2016 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger receives significant contract for over CHF 18 million for upgrade equipment and technologies including the MAiA 2.1 system platform, SiNA cell coating systems and innovative DW288 diamond wire cutting equipment and technology.

 

 

Meyer Burger receives significant contract for over CHF 18 million for upgrade equipment and technologies including the MAiA 2.1 system platform, SiNA cell coating systems and innovative DW288 diamond wire cutting equipment and technology.

 

JA Solar, a leading solar manufacturer in Asia, has awarded Meyer Burger a contract for the delivery of its industrially proven MAiA 2.1 platform with the mass production scalable MB PERC technology, SiNA cell coating systems for the production of high quality solar cells, as well as DW288 water-based diamond wire cutting technology for the production of solar wafers for high performance cells. The contract value is over CHF 18 million with delivery and commissioning of the systems taking place in the second half of 2016.

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has received an important contract from JA Solar for its industry leading diamond wire based silicon wafer cutting technologies and industrially proven upgrade technologies for the manufacture of solar cells. The contract includes the delivery, installation and commissioning of the MAiA 2.1 system platform with the mass production scalable MB PERC technology and SiNA cell coating equipment as well as the DW288 diamond wire cutting technology for the production of its high performance mono-crystalline silicon solar wafers.

 

JA Solar plans to expand its production volume of high quality solar cells to support its increasing delivery of solar modules in national and international PV markets. With its environmentally friendly water-based DW288 cutting technology and industrialised MAiA and SiNA cell production platforms, Meyer Burger will be able to support JA Solar to significantly increase the efficiency and quality of its existing solar wafer and cell production lines. The total annual output of the newly installed equipment will be approximately 1.5 GW. Delivery and commissioning of the equipment is scheduled in the second half of 2016.

 

 

Contact:

 

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)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 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).

 

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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