Switzerland-based Meyer Burger had a PV module stock of 365 MW at the end of2023 The closure of its panel factory in Freiberg, Germany, will just be reversed if there are really strong political signals, stated CEO Gunter Erfurt.
Ralph Diermann
From pv publication Germany
Meyer Burger, a Switzerland-based heterojunction solar module producer, stated it published a web loss of CHF 292 million ($330 million) in financial2023 In 2022, it tape-recorded a web loss of around CHF 70 million.
The business stated its module production capability stood at 1.4 GW at the end of2023 However, it just ran 650 MW of that due to cost pressures in the European solar market. In addition, 365 MW of modules were in stock at the end of the year.
Meyer Burger justrecently shut down module production in Freiberg, Germany. CEO Gunter Erfurt stated that numerous rivals deal their modules at rates that did not cover expenses. Meyer Burger intentionally chose not to take part in this rate war, partially because a little cost discountrate approved in the summerseason of 2023 did not lead to an boost in sales figures.
The business is presently setting up a brand-new 2 GW module production in Goodyear, Arizona. Its production center for solar cells in Thalheim, Germany, will supply the UnitedStates factory. It is likewise setting up another 2 GW solar cell production center in Colorado Springs, Colorado. To do this, it is moving devices that was origi