L R AS Published on Sunday 22 March 2020 - n° 314 - Categories:industrial strategy

Meyer Burger sees its salvation in investment in production units

Due to Meyer Burger's significant investments in research and development and the low margins obtained on sales (due to competition from Chinese equipment manufacturers), the company intends to evolve

to become a partner of some manufacturers (Oxford PV, REC Group) by increasing its involvement in heterojunction product manufacturers, with sharing of results. Indeed, the cost of changing technology in favour of heterojunction is significant. REC Group has invested $150 million to set up a 600 MW capacity. Now REC wants to increase its capacity to 1 GW.

Global heterojunction production capacity is increasing rapidly (Very strong expansion of heterojunction production facilities)

PV Tech of 16 March

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