Two existing PV customers located in Asia have awarded Meyer Burger contracts with a combined value of about CHF 20 million for the delivery and installation of the MAiA 2.1 technology platform with the industry-leading upgrade cell technology MB PERC. Delivery and commissioning of the equipment is scheduled to start as of the second quarter of 2017.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded two important contracts with existing Asian customers amounting to a combined contract volume of about CHF 20 million. The high-tech equipment for the production of high-quality solar cells uses the mass production scalable MB PERC technology on the MAiA 2.1 system platform which will secure a significant increase in cell efficiency for both customers. Both of the orders are reflected in the incoming orders and order backlog 2016. Delivery and commissioning of the equipment is expected to start as of the second quarter 2017.

Contacts:

Ingrid Carstensen

Corporate Communications

Phone: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

Daniel Eicher

c/o Tolxdorff & Eicher Consulting

Phone: +41 (0)33 221 28 83

daniel.eicher@meyerburger.com

Meyer Burger Technology AG published this content on 09 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 January 2017 05:42:06 UTC.

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