Weekly renewables M&A round-up (May 16-20)
May 20, 2022 17:01 CESTMeyer Burger to launch solar modules on Apr 27, names 1st distributor
Image by Meyer Burger (www.meyerburger.com).
April 14 (Renewables Now) - Meyer Burger Technology AG (SWX:MBTN) intends to launch its new solar modules in the market on April 27 and has partnered with local photovoltaics (PVs) wholesaler Solarmarkt GmbH for their distribution in Switzerland, it announced today.
The company, which is transforming from a supplier of solar machinery to a manufacturer of solar cells and modules, said in a statement that on that date installers in Switzerland will be able to order its modules from Solarmarkt and offer them to their customers for delivery starting in July.
Meyer Burger noted that Solarmarkt is the company’s first official distribution partner and others, for both Europe and the US, will be unveiled at the market launch. The modules will be made in Germany at Meyer Burger’s factory in Freiberg, Saxony.
“We see a very positive market development in Switzerland and believe that we will gain significant market shares with our product,” commented Moritz Borgmann, managing director of Meyer Burger (Industries) GmbH and responsible for sales and marketing.
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