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.
PV manufacturing equipment specialist Meyer Burger has extended short time working initiatives deployed at its German operations to both its sites in Switzerland to reduce operating costs during the COVID-19 pandemic.
Denmark outlines terms of tech-neutral tender, German Greens move against PV subsidy cap, Switzerland proposes shift to auctions, the Netherlands launches new subsidy round.
Swiss group records 91% plunge in Q2 2019 figures released two weeks after accepting to cough up US$470m for a buyer to take on its solar inverter business.
Switzerland’s aventron raises debt from Banco Sabadell for first installation of 100MW duo in Toledo and Murcia provinces, set to be built by Solarpack.
Leading PV manufacturing equipment supplier Meyer Burger has sold its photovoltaic, semiconductor and sapphire wafering business to Precision Surfacing Solutions for CHF 50 million (US$49.8 million) in cash.
Leading PV manufacturing equipment supplier Meyer Burger has announced a new restructuring program, which is intended to bring its breakeven level to around CHF 250 million per annum.
PV laser technology equipment specialist InnoLas Solutions has been sold to Swiss industrial investment and management firm, CGS for an undisclosed sum.
