The Swiss technology group plans to concentrate German production in Hohenstein-Ernstthal, in Saxony from the middle of next year. Around 60 employees have been affected by the plant closure. Meyer Burger said it plans to continue offering wafer inspection products in future.
The EIB and the Hydrogen Council aim to jointly develop new ways to generate funding for hydrogen projects under the European Commission’s InnovFin Advisory program. The two parties, however, have not disclosed the financial terms of their planned collaboration.
The Swiss solar equipment supplier today fought off an attempt by its largest single shareholder to have a representative appointed to its board and to have its executive pay regime reviewed. Victory in that battle may secure the company some wiggle room, but the war over corporate strategy appears far from over.
The Swiss solar equipment maker has already sold its corporate headquarters this week as it aims to generate a fighting fund until the hoped-for returns of a European PV manufacturing renaissance materialize.
The Swiss equipment maker has announced a fresh, CHF18 million order from Oxford PV but the news may have been strategically timed ahead of today’s update that it has completed the sale of its headquarters building.
European partners have submitted a joint proposal to use EU-made solar modules and wind turbines to power green hydrogen for use by heavy industry. The partners hope to secure designated status and backing from the bloc’s deep coffers.
pv magazine’s UP campaign aims to highlight industry movers who embrace carbon reduction and the circular economy in their operations and Swiss BIPV manufacturer 3S Solar Plus boasts an impressive sustainability record.
Meyer Burger’s new chairman has acknowledged that the outlook remains tense for Europe’s largest solar equipment supplier, but he is urging shareholders to support the company’s plan to reposition itself to focus on high-yield technologies and markets beyond China.
The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion.
The British-German perovskite startup has ordered a turnkey 100 MW silicon heterojunction solar cell line from the Swiss PV equipment supplier. The terms of the deal were not disclosed.
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