A European Commission-backed project has been launched to scale up Europe’s PV manufacturing industry and capture the continent’s “booming demand” for solar equipment.
Meyer Burger has been pledged a total of €22.5 million in regional German government grants when the company starts ramping volume production capacity to 1.4GW for its heterojunction (HJ) solar cell and module assembly.
Meyer Burger Technology has agreed a settlement with Swiss headquartered PV manufacturer, EcoSolifer over a 2015 on heterojunction (HJ) solar cell line contract that will result in a CHF 1.97 million (US$2.22 million) loss for Mayer Burger.
Regulators in Europe should throw their support behind re-establishing a solar manufacturing base in the continent that could reach a capacity of 20GW and support more than 100,000 jobs, Meyer Burger and SMA have said.