Meyer Burger exposes places for brand-new cell, module plants in Germany

• Manufacturing of extremely reliable solar cells as well as modules will begin at 2 websites in Germany from the initial fifty percent of 2021. The Swiss tech group prepares to eventually expand annual production to 5 GW.

Meyer Burger Technologies decided numerous weeks ago to transform itself from a manufacturing devices manufacturer to an integrated PV maker. Now, the Swiss modern technology group has actually chosen on where to set up its manufacturing centers for heterojunction solar cells and also solar modules in Germany.

It has made a decision to produce solar cells in Bitterfeld-Wolfen, Saxony-Anhalt, and modules in Freiberg, Saxony. It is leasing structures formerly possessed by solar cell maker Sovello on what it states is a lasting, affordable basis.

Initially, the lease covers 27,000 square meters of manufacturing room, as Meyer Burger stated on Thursday, noting that it will certainly have the ability to rent out additional room if required. The firm will certainly create heterojunction solar cells at the site, with a first yearly capacity of 400 MW, from the initial half of 2021.

Meyer Burger will certainly additionally continue to use its previous SolarWorld manufacturing website in Freiberg, Saxony, to make extremely efficient PV modules. The center is its biggest and most modern-day plant of its kind to date in Europe. With approximately 19,000 square meters of space, the plant will certainly give optimal conditions for transforming and also adjusting existing framework and also highly automated module production lines, it said. The facility has had a yearly nominal capacity of greater than 600 MW in the past, and that could be boosted to more than 800 MW with brand-new innovations from Meyer Burger.

The business also got the former logistics and also warehouse of SolarWorld, with 14,000 square meters of area. Because of an agreement with the insolvency administrator, Christoph Niering, it is unable to divulge the acquisition cost.

Manufacturing in Freiberg is additionally arranged to begin in the initial fifty percent of 2021 with preliminary annual result of 400 MW. Nevertheless, more expansion to 5 GW is currently being planned.

That said, Meyer Burger's plans are still based on certain problems. To start with, the capital increase it revealed in June must be completed, with targeted gross profits of CHF165 million (USD 175.3 million). Its investors accepted the resources rise at an extraordinary general meeting today.

Meyer Burger expects the deal to be finished by the end of this month. Financial Institutions of SolarWorld Industries GmbH likewise require to authorize the acquisition contract for the structures in Freiberg.