Meyer Burger has received additional orders for its MAiA® 2.1 system with the industry-leading MB PERC cell technology and for its SiNA® cell coating system. The combined contract volume from an existing Asian customer amounts to about CHF 22 million.
Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced that it has concluded further contracts with an existing Asian customer for its SiNA® system for front side cell coating and it industrialized MAiA® 2.1 system with the mass production scalable MB PERC technology. With Meyer Burger’s high-performance MAiA® for rear side passivation coating and SiNA® for front side anti-reflection coating, the customer plans to upgrade and further expand its production volume of high efficiency PERC cells. As the market leader in the field of PERC, Meyer Burger is growing its market share by supporting its customers with innovative technology solutions for front and rear side cell coating.
The combined contract volume of the orders amounts to about CHF 22 million with revenue recognition expected in 2018.
