Meyer Burger Technology : receives another significant order for CHF 21 million
Press ReleaseThun, 23 June 2016Meyer Burger receives another significant order for CHF 21 million from a leading Chinese tier one supplier in the solar industry.A leading Chinese supplier of solar products and solutions has awarded Meyer Burger another significant contract for the delivery of cutting-edge technologies and equipment for the production of high-quality solar wafers and highly efficient solar cells with a total contract value of about CHF 21 million. The contract includes the multi-award-winning diamond wire saw DW288 Series 3 as well as the technology platform MAiA 2.1 with the industry-leading upgrade cell technology MB PERC. Delivery and commissioning of the equipment will start as of the fourth quarter 2016.Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded another large contract with a leading Chinese tier one supplier in the solar industry, amounting to a contract volume of about CHF 21 million. The high-tech equipment for the production of high-quality solar wafers, which uses the latest generation of diamond wire saws, the DW288 Series 3, and the industry-leading upgrade cell technology MB PERC on the system platform MAiA 2.1, will secure a considerable increase in the production capacity and in the cell-efficiency for the customer. This newly created and delivered production capacity amounts to about 700 MW, in both, wafer and cell area.Meyer Burger distinguished itself from well-known international competitors by a very high level of commitment and a solution- and customer-oriented working method. The delivery of the equipment will start in October 2016. The customer plans to start producing as of the first quarter 2017.Use of the diamond wire saw solution DW288 in the sapphire industry tooThe award-winning diamond wire saw platform DW288 also convinces customers in the sapphire industry. Meyer Burger has successfully concluded a contract for this latest generation of diamond wire saws with another customer in China. The contract value is in a lower single-digit million range. The DW288 Series 3 thereby confirms its unique technological and economical position in future-oriented growth markets like the solar or sapphire industry.For further information, please contact:Werner BuchholzHead of Corporate CommunicationsPhone +41 (0)33 221 25 firstname.lastname@example.orgAgenda:17 August 2016 : Publication Half-Year Report and Results 1st Half-Year 2016About Meyer Burger Technology Ltdwww.meyerburger.comMeyer 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. The company currently employs over 1,500 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.