The Swiss equipment provider has announced a plan to close production for its diamond wire platform in Colorado. The company blames global pressure on prices and margins. Meanwhile, its preliminary financial results for 2016 show a 40% increase in sales.
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.
Since 2015, our Technology Highlights feature has sought out the latest and greatest technological developments in PV. Now we’re ready to receive entries from across the industry for the 2017 feature, which will be a major highlight of our April edition, and enjoy a large media presence at the SNEC show in Shanghai.
The Swiss technology company will provide its MAiA 2.1 technology to two customers in Asia.
The Swiss PV manufacturing equipment supplier has had an excellent start to the year, with these now the company’s sixth major orders for its highly technical equipment, while the recapitalization stays on track with an approval from the High Court for the resolutions of the bondholders.
Meyer Burger’s solar PV manufacturing equipment is in vogue at the minute, as the company has enjoyed a flurry of new orders in the last week, the most recent a CHF 8 million (USD 7.9 million) order from one of the company’s existing European customers.
Swiss PV manufacturing equipment producer Meyer Burger has started the new year on a high, by securing two orders of its MB PERC technology equipment worth CHF 20 million (USD 19.6 million) from two of its existing Asian customers.
The company has raised EUR 153 million through the offering, which should allow it to repay a bond due 2017.
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