Meyer Burger keeps working on turnaround plan
The Swiss equipment provider saw its turnover increase significantly in 2016. This growth is due to increasing investments in upgrading technologies and capacity expansion in the PV industry.
Meyer Burger signs $15m deal for PERC cell tooling upgrade
Existing Asian customer places order for the Swiss firm’s MAiA 2.1 upgrade cell coating platform. Delivery and commissioning expected in second quarter of the year.
Switzerland installed 250 MW of new PV systems in 2016
According to estimates from national association Swissolar, about 250 MW of new PV installations were connected to Switzerland’s grid last year.
Etrion posts $110.4 million net loss in 2016
The independent power producer recorded a net loss of $110.4 million from its continuing operations — up sharply from $27.5 million a year earlier — due to impairment expenses totalling $75.7 million, in addition to a net deferred tax write-off of $6.9 million.
INDEOtec receives PECVD equipment order from Saudi university
The Swiss equipment company will provide its OCTOPUS II PECVD/PVD platform to King Abdullah University of Science and Technology (KAUST) in Saudi Arabia.
Leclanché storage pipeline grows to 450 MWh as 2016 revenue rises 56%
The Swiss vertically integrated storage solutions company reports 2016 annual revenues of $27.6 million and 2017 order backlog of 85 MWh of new utility-scale storage projects.
ABB to transfer solar inverter business to new division
The Swiss power electronics company’s 2016 financial report reveals reclassification of its solar inverters as Electrification product – a move intended to aid profitability.
Meyer Burger receives CHF 18 million order
The Swiss technology company will provide its MAiA 2.1 technology to two customers in Asia.
Meyer Burger continues strong start to 2017 with new CHF 19 million orders
The Swiss PV manufacturing equipment supplier has had an excellent start to the year, with these now the company’s sixth major orders for its highly technical equipment, while the recapitalization stays on track with an approval from the High Court for the resolutions of the bondholders.
Meyer Burger receives third significant order in a week
Meyer Burger’s solar PV manufacturing equipment is in vogue at the minute, as the company has enjoyed a flurry of new orders in the last week, the most recent a CHF 8 million (USD 7.9 million) order from one of the company’s existing European customers.
