Meyer Burger

Meyer Burger's German subsidiary MBT Systems GmbH successfully placed green senior unsecured guaranteed convertible bonds due 2029 in the amount of EUR 216.3 million

Retrieved on: 
Wednesday, May 10, 2023
Acceleration, SIX Swiss Exchange, NOT, FOR, Surety, AMERICA, Renaissance Capital (Russian company), EUR, Volume, VWAP, Meyer Burger, Issuer, CHF, Security (finance), Bond

Meyer Burger placed Bonds with an aggregate principal amount of EUR 216.3 million that will be issued by the Issuer and guaranteed by the Company.

Key Points: 
  • Meyer Burger placed Bonds with an aggregate principal amount of EUR 216.3 million that will be issued by the Issuer and guaranteed by the Company.
  • The underlying shares are newly issued or existing registered shares of Meyer Burger of currently CHF 0.05 nominal value each (the "Shares").
  • The initial conversion price of the Bonds has been set at EUR 0.6953, a 27.5% premium above the Reference Share Price.
  • The Issuer and Meyer Burger have agreed to a 90-day lock-up period after the issuance of the Bonds, subject to customary exceptions and waiver by the syndicate banks.

Meyer Burger and Magog sign a distribution agreement for a slate roof solar system

Retrieved on: 
Tuesday, May 9, 2023
Slate, MC4, Meyer Burger, Weather, Housing, Solar System, Orangi Pilot Project, Dimension stone

Meyer Burger Technology AG and the Schiefergruben Magog GmbH & Co. KG sign a distribution agreement for the product "Meyer Burger Slate".

Key Points: 
  • Meyer Burger Technology AG and the Schiefergruben Magog GmbH & Co. KG sign a distribution agreement for the product "Meyer Burger Slate".
  • The new product is a variant of "Meyer Burger Tile", Meyer Burger's solar roof tile, and e.g.
  • Meyer Burger will supply Magog with "Meyer Burger Slate" starting in August.
  • The 2.7 kilogram "Meyer Burger Slate - Magog Slate Edition" are interconnected using standard MC4 connectors and routed to the inverter via classic string cables.

Meyer Burger and Ingka Investments sign offtake agreement for four years

Retrieved on: 
Wednesday, May 3, 2023
Geography, Renewable energy, ESG, IKEA, Meyer Burger, Partnership, Investment

Meyer Burger Technology AG and Ingka Investments, the investment arm of the largest IKEA retailer Ingka Group, have signed an offtake agreement for a period of four years.

Key Points: 
  • Meyer Burger Technology AG and Ingka Investments, the investment arm of the largest IKEA retailer Ingka Group, have signed an offtake agreement for a period of four years.
  • The agreement with Ingka Investments covers the supply of premium solar modules produced in Goodyear and delivered between 2025 and 2029.
  • „We are very pleased to cooperate with Ingka Investments, who will support us in the rapid ramp-up of our production in the US through this offtake agreement,” says Daniel Menzel, COO of Meyer Burger.
  • Ingka Investments will make a substantial annual down payment to enable Meyer Burger to procure and finance equipment, materials and raw materials for solar module production.

Meyer Burger enters Australian market and exhibits at Smart Energy Expo in Sydney

Retrieved on: 
Monday, May 1, 2023
Electricity, System, Carbon, Interest, Meyer Burger, Solar energy, BayWa, Exhibition, Conference, Renewable energy

Meyer Burger Technology AG is now offering its premium solar panels in Australia, a significant and growing market.

Key Points: 
  • Meyer Burger Technology AG is now offering its premium solar panels in Australia, a significant and growing market.
  • “BayWa is well known in the Australian market as a supplier of German-made solar panels, and we believe Meyer Burger will fill an important gap in the Australian market,” said Durmus Yildiz, managing director of BayWa r.e.
  • The products available in Australia are Meyer Burger White, Meyer Burger Black and Meyer Burger Glass, all of which contain highly efficient heterojunction solar cells produced in the company’s own production facilities in Germany’s “Solar Valley”.
  • “The Australian solar market, with its high demand for sustainable products manufactured to high social and ethical standards, offers an excellent opportunity for Meyer Burger,” says Brendan Kay, Head of Sales of Meyer Burger in Australia.

Meyer Burger and NorSun conclude contract for long-term supply of solar silicon wafers made in Europe

Retrieved on: 
Monday, February 13, 2023
CO2, Western world, PV, Growth, Silicon, Meyer Burger, Renewable energy, European

Wafer manufacturer NorSun and Meyer Burger Technology AG enter into a supply agreement for silicon wafers, thus strengthening the independence of European solar supply chains

Key Points: 
  • Wafer manufacturer NorSun and Meyer Burger Technology AG enter into a supply agreement for silicon wafers, thus strengthening the independence of European solar supply chains
    In line with Meyer Burger’s growth plans, the contract provides for continuously increasing purchase volumes along the expansion of NorSun’s wafer production capacities
    Meyer Burger Technology AG has signed a supply agreement for silicon wafers with the manufacturer NorSun.
  • Meyer Burger is thus strengthening the resilience of its supply chains as it expands its solar cell and module production to 3 gigawatts (GW) of annual capacity by 2024.
  • With the support of the EU Green Deal Industrial Plan, Meyer Burger and NorSun have a strong intention to continue building the European solar value chain.
  • “The agreement with NorSun is an important step in strengthening the independence of European supply chains,” says Gunter Erfurt, CEO at Meyer Burger.

Meyer Burger establishes new partnerships for the development of high-performance solar modules with perovskite technology

Retrieved on: 
Sunday, December 18, 2022
HZB, Research and development, CSEM, Fraunhofer Society, Fraunhofer, PV, Longevity, Meyer, Fraunhofer Institute for Solar Energy Systems, Semiconductor, Meyer Burger, Certification, IPV, University of Stuttgart, University, Silicon, Renewable energy, Research

“With a long tradition of proprietary development, Meyer Burger has an extensive portfolio of processes, technologies, and production techniques at its disposal for the potential mass production of tandem solar cells and modules in-house,” says Marcel König, Head of Research and Development at Meyer Burger.

Key Points: 
  • “With a long tradition of proprietary development, Meyer Burger has an extensive portfolio of processes, technologies, and production techniques at its disposal for the potential mass production of tandem solar cells and modules in-house,” says Marcel König, Head of Research and Development at Meyer Burger.
  • “This includes the essential manufacturing processes and machinery for silicon-based perovskite tandem solar cells, as well as corresponding solar modules with Meyer Burger’s proprietary SmartWire connection technology.
  • Together with its partners, Meyer Burger is already achieving some initial successes when it comes to the industrialization of perovskite technology.
  • For example, CSEM and Meyer Burger have achieved a record efficiency of 29.6 percent for a 25-square-centimeter perovskite tandem solar cell.

Meyer Burger launches premium solar business in U.S., taps Inxeption as marketplace, solar module supply chain partner

Retrieved on: 
Wednesday, December 7, 2022
Ecosystem, Meyer Burger, Renewable energy, Ministry of Industry, Commerce and Supplies (Nepal)

CUPERTINO, Calif., Dec. 7, 2022 /PRNewswire-PRWeb/ -- Inxeption, the leader in Industrial Commerce, is helping launch German-made Meyer Burger solar panels to the U.S. market in the Inxeption marketplace while also streamlining the company's international supply chain.

Key Points: 
  • CUPERTINO, Calif., Dec. 7, 2022 /PRNewswire-PRWeb/ -- Inxeption, the leader in Industrial Commerce, is helping launch German-made Meyer Burger solar panels to the U.S. market in the Inxeption marketplace while also streamlining the company's international supply chain.
  • Our solar panels are built with Meyer Burger tools to exacting standards with our own proprietary technology.
  • We can deliver a premium product to a solar industry in need of innovation," said Ardes Johnson, president and general manager of Meyer Burger Americas.
  • A large part of the solar modules produced worldwide today are based on technologies developed by Meyer Burger.

Meyer Burger receives award for solar roof tiles and announces first sales partner

Retrieved on: 
Thursday, December 1, 2022
Orangi Pilot Project, Maintenance, Safety, DE, Meyer Burger, Intersolar, Renewable energy

Dachdecker-Einkauf Sd eG (DE Sd) is the first distributor to provide Meyer Burger Tile solar roof tiles to roofers in Germany.

Key Points: 
  • Dachdecker-Einkauf Sd eG (DE Sd) is the first distributor to provide Meyer Burger Tile solar roof tiles to roofers in Germany.
  • The solar roof tiles come from the pilot production of Meyer Burger and contain high-performance solar cells from the production plant in Thalheim (town of Bitterfeld-Wolfen).
  • The award statement reads: A premium solar roof tile can help to bring photovoltaic systems onto roofs that have not yet been covered.
  • For mass production of the solar roof tile, Meyer Burger is planning to work with a specialized European contract manufacturing company.

Meyer Burger Technology AG: Start of Subscription Period and Rights Trading

Retrieved on: 
Monday, October 31, 2022
Exercise, Board, SIX Swiss Exchange, Extraordinary general meeting, Meyer Burger, CET, CHF, Director, Security (finance)

Holders of 20 subscription rights are entitled to purchase 7 new shares at a price of CHF 0.267 per new share.

Key Points: 
  • Holders of 20 subscription rights are entitled to purchase 7 new shares at a price of CHF 0.267 per new share.
  • Trading of subscription rights at the SIX Swiss Exchange starts on November 1, 2022 and ends on November 7, 2022.
  • Meyer Burger shareholders are expected to receive one subscription right for each registered share they hold as of October 31, 2022 (after close of trading).
  • The subscription rights will be transferable and tradable via the envisaged rights trading on SIX Swiss Exchange.

Meyer Burger’s shareholders approve the ordinary capital increase with a large majority and support the path of accelerated growth for the company

Retrieved on: 
Friday, October 28, 2022
Director, SIX Swiss Exchange, Board, CHF, Extraordinary general meeting, Board of directors, Trust, General officer, CET, Exercise, Meyer Burger, Growth, Security (finance)

At the Extraordinary General Meeting, a total of 1,111,844,450 shares (41.63 percent of the shares issued) were represented by 302 shareholders on site.

Key Points: 
  • At the Extraordinary General Meeting, a total of 1,111,844,450 shares (41.63 percent of the shares issued) were represented by 302 shareholders on site.
  • Chairman of the Board of Directors Franz Richter on the decision of the General Meeting: We would like to thank all shareholders for their trust and for supporting our growth strategy.
  • The capital increase shall take the form of a rights offering to existing shareholders.
  • Meyer Burger shareholders will receive one subscription right for each registered share they hold as of October 31, 2022 (after close of trading).