Leading PV manufacturing equipment supplier Meyer Burger has secured a large order from a major PV manufacturer with solar cell production plants in China and Malaysia.

The existing customer was said to have ordered Meyer Burgers ‘MAiA’ 4.1 platform for rear-side cell passivation coating of PERC solar cells for its Malaysian manufacturing plant, which was expanding production capacity, while the same customer ordered its new FABiA 4.1 platform that does passivation of the front- and rear-side of PERC cells in a single process for the customers production plant in China. 

Meyer Burger noted that the order was valued at around CHF 16 million (US$16.3 million) with equipment delivery scheduled to start in the third quarter of 2018 and revenue recognition expected in the fourth quarter of 2018.

Read the entire story