Leading PV manufacturing equipment supplier Meyer Burger has secured orders worth around CHF 22 million (US$23.2 million) from an existing customer in Asia for its PERC (Passivated Emitter Rear Cell) technology.
Meyer Burger noted that the order was for its ‘SiNA’ front side cell coating systems and its ‘MAiA 2.1' systems for rear side passivation coating for PERC cell archeticture.
The new orders are to support the Asia-based customer plans to upgrade and further expand its production volume of high efficiency PERC cells. Revenue recognition on the order was said to be expected in 2018.
The vast majority of orders placed in 2017 for its PERC technology have included delivery and the start of revenue recognition in 2017. PERC technology can boost absolute cell efficiencies by at least 1%. In May, 2017 Meyer Burger said it would temporarily increase production capacity for MAiA 2.1 equipment to meet strong demand.