1Komma5 poised to save Meyer Burger's German module plant

• 1Komma5 steps up to save Meyer Burger's plant in Freiberg, Saxony, opposing short-sighted policies to ensure sustainable growth in the German solar industry.

1Komma5, a German cleantech unicorn, is prepared to take over module production at Meyer Burger's plant in Freiberg, Saxony if the Swiss manufacturer decides to close the facility. This move comes after Meyer Burger announced the halt of production at the site due to a lack of policy support measures. 1Komma5's CEO Philipp Schroeder expressed readiness to save module production and secure jobs at the location.

Schroeder and 1Komma5 oppose the implementation of a production bonus for domestic solar manufacturers, arguing that it would only provide short-term benefits to individual companies while hindering the sustainable development of the solar module industry in Germany. The company recently launched its own solar module and plans to establish solar module production in Germany, potentially creating up to 1,000 new jobs by 2030. Other companies like Enpal, Zolar, and EKD also criticize the proposed production bonus.

Is 1Komma5's takeover of Meyer Burger's plant in Freiberg a strategic move?

• 1Komma5's takeover of Meyer Burger's plant in Freiberg could be seen as a strategic move to expand its own solar module production capabilities in Germany.
• By saving module production at the location, 1Komma5 is not only securing jobs but also positioning itself as a key player in the domestic solar industry.
• The company's opposition to the production bonus for domestic solar manufacturers indicates a long-term vision for sustainable development in the industry.
• With plans to create up to 1,000 new jobs by 2030 through solar module production, 1Komma5 is demonstrating its commitment to growth and innovation in the renewable energy sector.
• The criticism of the production bonus by other companies like Enpal, Zolar, and EKD suggests a broader debate within the industry about the best strategies for supporting domestic solar manufacturing.