Meyer Burger wins PV order with a value of CHF 16.5 Million.
Meyer Burger has been selected by Lerri Solar Technology to supply MB PERC upgrade cell solution and innovative PV measurement technology. The order volume is around CHF 16.5 Million.
Lerri Solar Technology Co. Ltd., a leading manufacturer of high-efficiency mono crystalline cells and modules, is expanding along the PV value chain into high performance cell technology. The industrially proven MAiA 2.1 equipment platform with the mass production scalable MB PERC technology as well as the latest wafer and module measurement technologies and additional upgrade technologies from Meyer Burger have been chosen by Lerri for an initial production expansion phase.
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful signing of a strategically important technology contract with Lerri Solar Technology Co. Ltd. Meyer Burger will support Lerri in its goal to expand its focus from high quality mono crystalline solar wafers to become a leading producer of high performance mono crystalline solar modules and achieve significantly increased production within the next five years. In this initial step, Meyer Burger will supply industrially proven MAiA 2.1 equipment with MB PERC technology as well as innovative wafer and module measurement technologies and additional upgrade technologies. The total order volume is around CHF 16.5 million.
With its experience, technological capability and focus, Lerri plans to reduce the cost for mono crystalline wafers and modules to the multi crystalline level and make a major contribution to further reducing the cost of solar energy. Meyer Burger CEO Peter Pauli stated that: "The strategies of both Meyer Burger and Lerri are very complementary to one another which will contribute to a visible change in the market and further increase the share of mono crystalline in photovoltaics."
"Meyer Burger's focus on mono crystalline high performance and upgrade technologies ideally positions the company as our long term partner with whom we can fully realise our growth and development plans", commented Mr. Zhong, Head of Lerri Solar Technology Co. Ltd.
