Meyer Burger secures $16 million equipment order from Asia

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The Swiss equipment provider has secured yet another big order from a “major” customer. While it declined to say who it is, a spokesperson did tell pv magazine who it is not: Korea’s Hanwha Q Cells.

The order is for Meyer Burger’s MAiA 4.1 and FABiA 4.1 platforms, which are both said to deliver a throughput of 4,800 wafers per hour for the mass production of passivated emisster rear contact (PERC) cell technology.

The deal represents the first industrial order for the FABiA platform – which delivers both front- and rear-side cell passivation in a single platform, thus reportedly reducing the overall manufacturing footprint by 30% – said the company. It will be shipped to China. The MAiA platform, meanwhile, will be shipped to Malaysia.

The equipment is set to be delivered in the third quarter of this year, with revenue expected to be recognized in the final quarter.

In January, Meyer Burger announced that its order intake, at CHF 560 million, was at the highest level for six years, and a 23% improvement year on year. Its order backlog at the end of 2017 stood at around CHF 343 million, a 40% increase.

Despite this, the company still expects to post a significant loss this year.