Meyer Burger sells around CHF 22 million to the Russian solar company Hevel LLC.

Meyer Burger sells high-end equipment and technologies worth around CHF 22 million to the Russian solar company Hevel LLC.

Hevel LLC, the largest integrated solar company in Russia, has placed an order with Meyer Burger for the supply of high-end systems for the qualification of crystalline solar wafers, the coating and performance measurement of heterojunction cells, as well as SmartWire Connection Technology for connecting cells. These Meyer Burger systems will develop Hevel’s existing technology into an integrated cell and module line for the production of high-efficient Heterojunction and SWCT solar modules. The contract is worth around CHF 22 million. Delivery and commissioning of the systems is scheduled for the first half of 2017.

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a large order from the solar company Hevel LLC for high-end solar equipment with a projected total production capacity of around 160 MW. The order from the Moscow-based solar company includes Meyer Burger equipment and technologies for the entire PV value chain, ranging from crystalline solar wafers to cell and module production. The order encompasses the supply of systems for quality inspection of high-value crystalline solar wafers and for performance measurement and sorting of high-efficiency HJT cells on the one hand, and the supply of systems for innovative cell coating with heterojunction technology (HJT) as well as the connection technology using SmartWire Connection Technology (SWCT) for high-performance solar modules on the other. Meyer Burger surpassed well-known international competitors thanks to its highly motivated, professional and solution-oriented workforce as well as its long-standing and extensive expertise in highly efficient solar technologies.

In future, Hevel LLC will supply the Russian domestic market, the Middle East and India with bifacial high-performance modules. The planned production capacity after upgrading the module factory will be around 160 MW.

Delivery and commissioning of the Meyer Burger equipment is scheduled for the first half of 2017.

For further information, please contact:
Werner Buchholz
Head of Corporate Communications
Phone +41 (0)33 221 25 06