OREANDA-NEWS. June 04, 2015. Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) today announced the successful signing of a strategically important technology contract with Lerri Solar Technology Co. Ltd. Meyer Burger will support Lerri in its goal to expand its focus from high quality mono crystalline solar wafers to become a leading producer of high performance mono crystalline solar modules and achieve significantly increased production within the next five years. In this initial step, Meyer Burger will supply industrially proven MAiA 2.1 equipment with MB PERC technology as well as innovative wafer and module measurement technologies and additional upgrade technologies. The total order volume is around CHF 16.5 million.

With its experience, technological capability and focus, Lerri plans to reduce the cost for mono crystalline wafers and modules to the multi crystalline level and make a major contribution to further reducing the cost of solar energy. Meyer Burger CEO Peter Pauli stated that: “The strategies of both Meyer Burger and Lerri are very complementary to one another which will contribute to a visible change in the market and further increase the share of mono crystalline in photovoltaics.”

“Meyer Burger’s focus on mono crystalline high performance and upgrade technologies ideally positions the company as our long term partner with whom we can fully realise our growth and development plans”, commented Mr. Zhong, Head of Lerri Solar Technology Co. Ltd.