SMA reports 42% increase in turnover, Meyer Burger swings to a loss
German inverter manufacturer SMA Solar Technology reported solid financial results for the first half of 2020 despite the Covid-19 crisis. Meyer Burger, however, saw sales and profits decline.
Meyer Burger secures creditor approval to buy SolarWorld factory in Germany
Creditors of SolarWorld Industries have approved the sale of a production facility to Meyer Burger. The Swiss tech group plans to manufacture highly efficient solar modules at the plant.
Meyer Burger reveals locations for new cell, module plants in Germany
Production of highly efficient solar cells and modules will start at two sites in Germany from the first half of 2021. The Swiss tech group plans to eventually expand annual production to 5 GW.
European consortium bid to bring 25.4%-efficient heterojunction-IBC solar cell into mass production
The EU-funded Nextbase project aims to manufacture heterojunction, interdigitated back-contact solar modules for less than €0.275/W. Solar panels featuring the Nextbase cell tech are expected to have a conversion efficiency of 23.2%, according to the European Commission.
Meyer Burger moves to become a solar cell and module manufacturer
Through a CHF165 million capital increase, the Swiss company intends to finance the expansion of capacities for highly efficient solar cells and solar modules in Germany. Production is scheduled to start next year. The strategic partnership with REC Group has been discontinued.
Meyer Burger mulls gigawatt-scale German solar fab
Chief executive Gunter Erfurt told a German radio station a solar factory in North Rhine-Westphalia could supply high-efficiency panels for a 10 GW floating solar project on the vast Hambach open-cast coal mine.
Covid-19 daily bulletin: Meyer Burger reduces working hours for staff
The Swiss equipment supplier already needed to shore up its bottom line and is now taking measures to help combat the spread of an epidemic which has also claimed November’s planned climate summit in Glasgow and an estimated 19% of this year’s demand for energy storage.
Change at the top for Meyer Burger after €37m loss
The Swiss PV equipment supplier posted the loss for 2019, citing increasingly fierce competition in China, and plans to continue a strategic realignment of its business with the options including the establishment of a European PV manufacturing operation.
French solar institute and Enel announce 24.63% efficiency for heterojunction solar cell
The efficiency of the cell, made with a standard M2 wafer, was raised around 0.7% by using an improved busbar-free screen printing metallization process based on heterojunction processes developed with manufacturing equipment provided by Swiss specialist Meyer Burger.
Innovation shines at pv magazine awards ceremony in Abu Dhabi
The winners of the 2019 pv magazine awards have been recognized in a ceremony alongside the World Future Energy Summit. The victors spoke of the importance of innovation being recognized within the industry.
