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19.03.2019 - Ad hoc announcement pursuant to Art. 53 LR

Meyer Burger awarded contract for about CHF 15 million from leading Asian customer for its MAiA ® 6.1 cell coating equipment

 

Press Release

Thun, 19 March 2019

 

 

Meyer Burger awarded contract for about CHF 15 million from leading Asian customer for its MAiA® 6.1 cell coating equipment

 

 

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of an order from an existing, major Asian customer for its high performance MAiA® 6.1 platform which delivers an impressive throughput of over 6,000 wafers per hour for mass production scalable PERC technology. By selecting Meyer Burger’s MAiA® 6.1, which launched in 2018, to drive the production expansion of its high quality PERC solar cells, this global leader in the PV industry has chosen today’s foremost standard in PERC manufacturing technology.

 

Meyer Burger’s industrialized MAiA® with its superior passivation technology played a key role in finally establishing PERC as the new global standard in mass manufacturing of solar cells. PERC delivered a much higher module performance while reducing production costs compared to the former Al-BSF standard technology. Dr Hans Brändle, CEO of Meyer Burger, stated: “Today’s announcement of a repeat order from a leading PV module manufacturer for our next generation MAiA® 6.1 signals the beginning of ambitious new PERC expansion plans by the solar industry.”

 

Meyer Burger’s CTO, Dr Gunter Erfurt, added: “Meyer Burger’s proprietary passivation technology for PERC solar cells is based on our own IP which is patented in the EU as well as in China and Korea. The patents describe and claim the deposition method, the tool configuration, the process sequence as well as the resulting passivation structure on the solar cell. Thus, PERC solar cells processed on our leading MAiA® platform apply a significantly different passivation structure compared to the structure e.g. applied using atomic layer deposition (ALD) and are not in the scope of the recently filed patent infringement claim by a leading PV company against other solar manufacturers.”

Contacts:

Ingrid Carstensen

Head of Corporate Communications

Tel.: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

 

Stefan Diepenbrock

Corporate Communications

Tel.: +41 (0)33 221 27 85

stefan.diepenbrock@meyerburger.com

 

 

About Meyer Burger Technology Ltd

www.meyerburger.com


Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company’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. As an international premium brand, Meyer Burger offers its customers in the PV industry superior products and innovative solutions for the manufacturing processes of wafers, solar cells and solar modules. The company provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on core technologies of the value chain.

Meyer Burger’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 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, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company 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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