Meyer Burger continues strong start to 2017 with $23.7 million PERC upgrade order

The PERC upgrade cycle continues at pace in 2017, with it continuing to deliver orders to Swiss equipment supply giant Meyer Burger. Today it announced a new $23.7 million order for an unnamed Chinese manufacturer.

Net sales reached CHF 212.3 million ($218 million), which is 2.5% lower compared to the previous year period (H1 2016 CHF 217.8 million ($223.6 million), which the company attributes to negative currency effects amounting to around CHF 2.6 million or -1.2% in the first half of 2017.

Image: Meyer Burger

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Meyer Burger will provide the Chinese solar manufacturer with its upgrade equipment and technologies. The order is for delivery and installation of the MAiA 2.1 technology platform. The company stressed that the order comes together with an overall framework contract, which it has signed with the client.

The new equipment will be produced this year and commissioned at the client’s factory in the second quarter of 2017.

Meyer Burger has made a strong start to 2017 with several orders. Based on previously released figures, pv magazine estimates that the Swiss equipment provider has secured at least CHF 89 million (US$88.1 million) worth of new orders in the first two months of this year.

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PERC technology will see a strong expansion this year. According to Taiwan-based analysts Energy Trend, 2017 is likely to see PERC’s economies of scale gradually appear. Energy Trend expects PERC capacity expansion this year may range between 12 and 15 GW. Moreover, solar manufacturers could also become able to produce mainstream mono-Si PERC product with an output of 300 W by the end of this year. Currently, solar manufacturers are implementing PERC technologies on mono-Si products, rather than multi-Si PERC, due to limited capacities of equipment providers.

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