Meyer Burger awarded contract for about CHF 16 million from an existing Asian customer for its MAiA® and FABiA® cell coating equipment

26.04.2018

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a repeat order for its high performance MAiA® platform and the first industrial order for its integrated FABiA® system from a major Asian customer. The MAiA® and the FABiA® both deliver an impressive throughput of over 4,800 wafers per hour for the mass production scalable MB PERC technology.

A global leader in the PV industry, the customer has chosen the industrialized MAiA® 4.1 for rear-side cell passivation coating to drive the expansion of its production of high quality PERC solar cells at its manufacturing location in Malaysia.

The customer has also selected Meyer Burger’s fully integrated FABiA® 4.1 for its production site in China. The innovative FABiA® delivers both front- and rear-side cell passivation in a single platform which significantly decreases production complexity while reducing the overall manufacturing footprint by more than 30%. The FABiA® 4.1 is based on Meyer Burger’s proven inline cell coating technology and delivers the lowest total cost of ownership for manufacturers of high efficiency PERC solar cells in the PV industry today.

The contract volume is about CHF 16 million with equipment delivery scheduled to begin in the third quarter and revenue recognition expected in the final quarter of 2018.

Source: Meyer Burger Technology

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