OREANDA-NEWS. Following a detailed evaluation and test production phase on customer site in which the MAiA 2.1 system platform delivered top performance and met the demanding manufacturing and throughput requirements of the existing customer, Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful signing of an important contract with a leading Asian photovoltaic manufacturer for the delivery, installation and commissioning of MAiA 2.1 systems. With its global presence and local market expertise, Meyer Burger will also provide comprehensive customer training and on-site support services as well as spare parts management at the customer’s internationally located manufacturing locations.

The MAiA system and the mass production capability of the MB PERC (Passivated Emitter Rear Cell) technology was selected by the customer to expand its production volume of high quality solar cells and support its increased delivery of solar modules in the PV market. The contract value is over CHF 38 million and the total annual output of the installed equipment will be approximately 2.5 GW. Delivery and commissioning of the equipment will start in the third quarter of 2015 and head into early 2016. The customer intends to begin production by the end of 2015 with the first equipment tools delivered.

About Meyer Burger Technology Ltd

Meyer Burger is a leading global technology Group specialising on innovative systems and processes based on semiconductor technologies. The Group’s focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. The Group currently employs around 1,700 people across three continents. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

The Group’s offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on the entire value chain.

The Group’s comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger Group is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The Group is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).