Meyer Burger awarded further contracts of about CHF 22 million

Meyer Burger Technology Ltd announced that it has concluded further contracts with an existing Asian customer for its SiNA system for front side cell coating and it industrialized MAiA 2.1 system with the mass production scalable MB PERC technology. With Meyer Burger’s high-performance MAiA for rear side passivation coating and SiNA for front side anti-reflection coating, the customer plans to upgrade and further expand its production volume of high efficiency PERC cells. The combined contract volume of the orders amounts to about CHF 22 million (USD 23 million) with revenue recognition expected in 2018.

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