Meyer Burger started the production of heterojunction (HJT) modules in the United States almost a year ago, but ran into problems less than six months later after a large purchase agreement was terminated.
De Meyer Burger -Fabriek near Phoenix, Arizona, has fired 283 production employees and material handlers, as reported by Local news. Meyer Burger was planning to produce 1.4 GW HJT -Zonne -modules in his facility in Arizona.
The closure comes a year after the Swiss solar manufacturer started with production In the United States. However, the first sign of problems came in November when the Shaw Renewable Investments (Desri), one of the largest solar developers in the United States, terminated his main purchase agreement with the manufacturer. The five -year -old deal included The purchase of a maximum of 5 GW of solar modules And played an important role in supporting the new American factory of the manufacturer.
In December 2024, the company signed a new insured person a bridge loan facility that was intended to offer the stability required for restructuring and to re -negotiate an agreement with Desri. Meyer Burger Mentioned in April That it continues to rely on bridge financing to cover its liquidity needs in the short term.
Desri’s deal was ended after Meyer Burger canceled plans To open a 2 GW production cell for solar cells in Colorado and to say that it was no longer financially viable. The company said that continuing to produce solar cells in Germany was the most economic option in current market conditions.
Meyer Burger was one of the more than 100 new announced solar and storage factories in the United States since the approval of the Inflation Reduction Act. According to the Solar Energy Industries Association (SEIA), since the federal production stimuli were announced investments a total of $ 38.3 billion.
Meyer Burger is not the first to put production shortly after (or even before), it started and it may not be the last. In April, PV Magazine USA reported That Solar4america stopped production in California and South Carolina, where the factory in South Carolina was on stopping even before it started. In response to the reconciliation law that the American house was recently adopted, Abigail Ross Hopper, President and CEO of SEIA, said that The bill threatens the domestic production of production.
In one rack In April, Meyer Burger said that it would postpone the release of his annual report from 15 April to 31 May 2025, stating that “the Going Congress of Meyer Burger is material and depends on important new financing and the successful implementation of his business plans.”
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