Harness the Power of the Sun for a Brighter, Greener Tomorrow with Innovative Solutions

Bankrupt Meyer Burger sells solar panel manufacturing equipment to Waaree

Share

Meyer Burger, the beleaguered Swiss photo voltaic panel producer that filed bankruptcy earlier this 12 months, introduced immediately that it’ll not try to restart after failing to search out an investor. The remaining 45 workers in Switzerland had been lately given discover. Practically 300 workers in the USA and people working at Meyer Burger’s panel meeting facility in Arizona had been laid off in May.

Meyer Burger began within the photo voltaic business as a producing tools developer for heterojunction technology (HJT) photo voltaic panels. Its “SmartWire” designs had been licensed by different manufacturing names. In 2020, the corporate ventured into direct photo voltaic cell and panel manufacturing and gross sales, first opening manufacturing services in Germany earlier than trying on the U.S. market. Meyer Burger’s 1.5-GW photo voltaic panel manufacturing unit in Goodyear, Arizona, opened in 2024 and was the one HJT producer in the USA.

What helped get Meyer Burger’s U.S. manufacturing unit off the bottom was a 5-GW supply agreement with large-scale developer D. E. Shaw Renewable Investments (DESRI). DESRI terminated its provide settlement in November 2024, and Meyer Burger shortly nosedived.

HJT photo voltaic panels are nonetheless pretty distinctive to the market. The combo of crystalline silicon and amorphous silicon thin-film is a specialised manufacturing course of that could be a few steps extra sophisticated than the business commonplace of PERC and TOPCon silicon improvement. This differentiator was supposed to provide Meyer Burger a leg up on the n-type/TOPCon patent battles shifting by the business.

Meyer Burger introduced in immediately’s discontinuation brief that it’ll promote the manufacturing tools from the Arizona manufacturing unit to Waaree Photo voltaic Americas. Waaree operates a photo voltaic panel meeting facility in Texas, and it manufactures a spread of TOPCon, PERC and HJT modules in its Indian factories.

Trending Merchandise

0
Add to compare
.

We will be happy to hear your thoughts

Leave a reply

Run On The Sun
Logo
Compare items
  • Total (0)
Compare
0
Shopping cart