Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful conclusion of a strategic agreement for its award winning SWCT™ technology with an important international solar module manufacturer in Southeast Asia. Meyer Burger will deliver and install the 200 MW SWCT™ manufacturing platform towards the end of 2018. Commissioning and ramp-up of the SmartWire solar module production line at this customer using Heterojunction (HJT) solar cells supplied by an external party is planned for the first half of 2019.
SmartWire Connection Technology (SWCT™) – the natural evolution in cell connection technology
Meyer Burger’s ground-breaking SmartWire Connection Technology employs an innovative foil-wire electrode with up to 24 perfectly aligned wires to connect solar cells. This reduces silver consumption per heterojunction solar module by over 50% which in turn reduces production costs for solar module manufacturers. The resulting dense wire contact matrix enables SWCT™ modules to easily cope with the increased power extraction necessary for today’s high efficiency heterojunction solar cells enabling energy yields of up to 20% to 30% more power per installed module in comparison to standard modules with PERC and PERT cell technologies. The resulting structure of a SWCT™ module significantly strengthens its stability and enhances its lifetime. The powerful combination of higher energy yield, longer module lifetime and lower manufacturing costs delivers the lowest LCOE in the photovoltaic industry today.
In May 2018 at the SNEC, one of the world’s largest PV trade exhibitions, Meyer Burger’s SWCT™ stringer platform received a 2018 Technology Highlight award by PV Magazine recognizing its advantages over standard cell connection processes.
This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
SmartWire Connection Technology (SWCT™) – the natural evolution in cell connection technology
Meyer Burger’s ground-breaking SmartWire Connection Technology employs an innovative foil-wire electrode with up to 24 perfectly aligned wires to connect solar cells. This reduces silver consumption per heterojunction solar module by over 50% which in turn reduces production costs for solar module manufacturers. The resulting dense wire contact matrix enables SWCT™ modules to easily cope with the increased power extraction necessary for today’s high efficiency heterojunction solar cells enabling energy yields of up to 20% to 30% more power per installed module in comparison to standard modules with PERC and PERT cell technologies. The resulting structure of a SWCT™ module significantly strengthens its stability and enhances its lifetime. The powerful combination of higher energy yield, longer module lifetime and lower manufacturing costs delivers the lowest LCOE in the photovoltaic industry today.
In May 2018 at the SNEC, one of the world’s largest PV trade exhibitions, Meyer Burger’s SWCT™ stringer platform received a 2018 Technology Highlight award by PV Magazine recognizing its advantages over standard cell connection processes.
This press release may contain “forward-looking statements”, such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The Company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.
