Meyer Burger buys IP for solar roof tiles, to present new product in Oct

Meyer Burger Technology AG (SWX:MBTN) has acquired from an unnamed German engineering service firm the full intellectual property (IP) for a solar roof tile solution in order to expand its own product portfolio in the premium rooftop segment.

The Swiss company initiated solar modules production just recently and now wants to introduce a roof-integrated solar system that can be deployed as easily as traditional roof tiles. It intends to present the new product at the Intersolar trade show in October. First deliveries are planned for the second half of next year.

"With our novel solar tile solution, we plan to take roof-integrated solutions out of the niche and into a larger market," said Gunter Erfurt, CEO of Meyer Burger. "There is a huge dormant potential for rooftop photovoltaics today because in many situations, standard modules are not an option for various reasons, but existing roof-integrated solutions do not represent a satisfactory solution for the customer either,” he explained.

The IP acquisition has provided Meyer Burger with all necessary patents, certifications and technical approvals, along with the technical know-how, the announcement mentions.

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