meyer burger

Leading PV manufacturing equipment supplier Meyer Burger Technology has received a further CHF 18 million (US$18.2 million) from partner, Oxford PV for the purchase of key equipment for a 125MW integrated production line to fabricate high-efficiency perovskite HJT tandem solar cells.

There is movement in the heterojunction space, but will it be enough to surpass PERC’s momentum? New production lines show promise, but they might also be the last roll of the dice for Swiss production equipment supplier Meyer Burger.

REC Group has officially started volume production of heterojunction solar cells and modules at its manufacturing complex in Singapore that will provide 600MW of annual capacity, when fully ramped.

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.

Leading PV manufacturing equipment supplier Meyer Burger Technology is seeking a new business model with integrated PV module manufacturer, REC Group to establish revenue share from establishing multiple gigawatts of heterojunction (HJT) solar cell and module production in Singapore.

Perovskite solar cell developer, Oxford PV is to become a merchant heterojunction with perovskite top cell manufacturer with orders placed with Meyer Burger that will provide an initial 250MW of cell capacity that will enter production by the end of 2020.