meyer burger

Swiss-owned solar manufacturer Meyer Burger has raised CHF206.75 million (US$228 million) following the closure of its rights offering.

Swiss-owned solar manufacturer Meyer Burger has clarified the terms of its recently-announced rights issue, designed to raise money towards its US manufacturing expansion plans.

PV manufacturer Meyer Burger has posted the financial results for 2023 with net loss increasing by 318% to CHF292 million (US$330.6 million).

German rooftop solar installer Enpal has started steps to set up its own solar module production in Germany.

Meyer Burger has called an emergency general meeting to approve final funding for its Colorado and Arizona manufacturing plants.

The statement came on the same day that European solar manufacturing stalwart Meyer Burger announced plans to abandon its module assembly plant in Germany because of the lack of support afforded to manufacturers in Europe.

PV manufacturer Meyer Burger has decided to close its module assembly plant in Germany and focus on its footprint in the US.

Meyer Burger has started “receiving shipments of equipment and tools” at its newest manufacturing facility in the US state of Arizona.

The influx of Chinese modules to Europe, EU's revised solar capacity targets and manufacturing expansion plans in the US were some of the major issues happened in Q3 2023.

Colorado will add 4GW of utility solar by 2030 while there was 1.96GW of solar projects under development as of mid-2023, according to a recent study from the American Clean Power Association (ACP).