Swiss manufacturer Meyer Burger Technology AG says it will probably build a new 3.5 GW factory at an unspecified location in Spain. The EU Commission is expected to issue a formal decision on granting funding for the project by the end of this year.
Meyer Burger announced its plans to switch all its high-performance solar modules to a glass-glass design to increase production speed and prevent slowdowns due to product shortages.
The Board of Directors approved the update to introduce a unified product platform for Meyer Burger solar panels. The panels will continue to come in black and white versions, have bifaciality and low weight. Meyer Burger says it is laying the foundation to achieve premium prices for its high-performance modules in the long term.
