Meyer Burger selects Arizona for approximately 1.5-GW solar module factory in US

• Meyer Burger Technology AG (SWX: MBTN) has actually selected Arizona as the site of its brand-new manufacturing facility for high-performance solar modules in the US that is intended to get to 1.5 GW of capacity.

The manufacturing facility will certainly be based in Goodyear and also will certainly have a preliminary annual production capacity of 400 MW, the Switzerland-based business claimed on Monday. The plant will certainly make solar photovoltaic or pv (PV) modules for property, industrial and also commercial and also utility-scale applications. It is due to become functional by the end of next year.

The US manufacturing facility will certainly be Meyer Burger's very first manufacturing base outside Europe. Originally, it will certainly produce 250 jobs, while their number will greater than double when the complete 1.5 GW capacity is reached.

Meyer Burger has signed a lease agreement for a lately built building in the city of Goodyear. A workers employing campaign has actually currently been started and also will certainly continue via 2022. Materials will certainly be sourced from regional providers.

Meyer Burger, which earlier this year finished the tactical change of its service version from a solar machinery manufacturer to a producer of PV cells and also modules, kept in mind that the Arizona factory will certainly give "flexibility, ease of access, and also durability for Meyer Burger's customers in the growing North American market."