Meyer Burger said it filed for insolvency for its German subsidiaries, following intensive efforts to keep Meyer Burger Industries GmbH and Meyer Burger Germany GmbH operational.
Meyer Burger began manufacturing heterojunction (HJT) modules in the United States nearly one year ago, but ran into trouble less than six months later after a large purchase agreement was terminated.
Swiss solar manufacturer Meyer Burger faces a significant setback as its largest U.S. customer, D.E. Shaw Renewable Investments, has terminated a long-term agreement to purchase solar panels from its Arizona facility.
Now that incentives from the US Inflation Reduction Act (IRA) are well understood, global manufacturers are announcing factories in the United States to constitute much of the solar supply chain. While some plans have been scrapped already, and more cancellations are expected, the broader trend is unprecedented growth.
Colorado Springs solar cell plant halted as Swiss-German PV manufacturer announces company restructuring plans. Planned capacity expansion at Arizona module production plant also put on hold. Existing cell production site in Thalheim, Germany, to remain part of Meyer Burger operations.
The companies want to develop cost-effective and efficient photovoltaic products for space applications using next-generation, ultra-thin, radiation-resistant solar cells. Starting next year, hundreds of vehicles for space travel could be equipped with the flexible modules.
With PV module capacity ramping up, glass suppliers have been investing in new solar glass production capacity. As in India and China, new facilities are popping up in North America, with unique twists to ensure competitiveness, such as using recycled material.
French PV module maker Systovi, facing a sharp drop in orders, is seeking a buyer for its design, production, and commercial activities. It has been manufacturing solar energy equipment since 2008 at its Carquefou factory near Nantes, France.
The production of PV ingots and wafers remains the most highly concentrated of all the production stages in the silicon solar supply chain. Yet efforts to re-establish production in Europe and the United States are not for the faint-hearted.
Rather than pondering the introduction of trade measures against solar imports, Europe should be pragmatic about its short-term reliance on Asian panels while moving now to nurture and incentivize a domestic supply chain of the future.
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