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Meyer Burger Technology AG

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Ad hoc news News vom 10.03.2015

Meyer Burger strengthens its technological leadership in the solar industry and surpasses budgeted production capacity in Hohenstein-Ernstthal due to the continued strong customer demand for the industrially proven MB PERC upgrade cell technology on the MAiA 2.1 system platform. Since the beginning of the year, incoming orders of around 18 million Swiss francs for MAiA and MB PERC solutions clearly underline the consistent global market demand in this system platform.
 
Meyer Burger
 

Press Release

Thun, 10 March 2015

 

Meyer Burger strengthens its technological leadership in the solar industry and surpasses budgeted production capacity in Hohenstein-Ernstthal due to the continued strong customer demand for the industrially proven MB PERC upgrade cell technology on the MAiA 2.1 system platform. Since the beginning of the year, incoming orders of around 18 million Swiss francs for MAiA and MB PERC solutions clearly underline the consistent global market demand in this system platform.

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that by June of this year it will surpass its budgeted production capacity for all of 2015 for the MAiA technology platform in its Hohenstein-Ernstthal location. The industrially proven MB PERC upgrade cell technology for the manufacture of high-quality solar cells is based on the leading MAiA 2.1 system platform and offers solar cell manufacturers the opportunity to significantly increase the efficiency and quality of their existing solar cell production lines.  Meyer Burger is increasing its production capacities in Hohenstein-Ernstthal to meet the continued strong customer demand thus underlining its leadership in advanced upgrade cell technologies for the solar industry. The incoming order volume of around CHF 18 million since the beginning of the year underscores the increased global demand for Meyer Burger’s upgrade technology.

 

The MB PERC technology is based on passivation with aluminium oxide on the rear side as well as silicon nitride coatings on the front and rear sides of the solar cells. The maximisation of gas utilisation during the solar cell coating process and the positive influence on subsequent process steps enables MB PERC to deliver cost-saving potentials in a range of areas. This includes a reduction of up to 30% in the use of expensive aluminium pastes for the solar cell contacting system. MB PERC is thus particularly suited as an upgrade option for existing production lines.

 

 

Contact:

 

Werner Buchholz

Head of Corporate Communications

Phone +41 (0)33 221 25 06

werner.buchholz@meyerburger.com

 

Ingrid Carstensen

Corporate Communications

Phone +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

 
 

About Meyer Burger Technology Ltd

www.meyerburger.com

 

Meyer Burger is a leading global technology Group specialising on innovative systems and processes based on semiconductor technologies. The Group’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The Group currently employs more than 1,700 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

 

The Group’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

 

The Group’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The Group is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).

 

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES SECURITIES LAWS.

 

This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.

 
 
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