Europe’s solar technology specialists may need up to €7 billion (US$8.51 billion) in capital investment in order to scale up domestic manufacturing to be globally competitive, according to a panel of industry leaders.
Switzerland-headquartered PV module manufacturer Meyer Burger has formally unveiled its range of heterojunction (HJ) solar modules for mass production.
Nexwafe, the solar wafer manufacturer spin-off from Fraunhofer ISE, has recruited ex-Meyer Burger chief technology officer (CTO) Dr. Dirk Habermann into the same role at the company.
A European Commission-backed project has been launched to scale up Europe’s PV manufacturing industry and capture the continent’s “booming demand” for solar equipment.
Meyer Burger has been pledged a total of €22.5 million in regional German government grants when the company starts ramping volume production capacity to 1.4GW for its heterojunction (HJ) solar cell and module assembly.
Meyer Burger Technology has agreed a settlement with Swiss headquartered PV manufacturer, EcoSolifer over a 2015 on heterojunction (HJ) solar cell line contract that will result in a CHF 1.97 million (US$2.22 million) loss for Mayer Burger.