Solar Pv Business Plan

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The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion. Swiss solar equipment maker Meyer Burger has confirmed it has rowed back on a ‘transformation plan’ for the business – announced in October – which would have involved further redundancies in Switzerland and an increased focus on China.

Presenting a set of first-half results undermined by weak demand, Meyer Burger CEO Hans Brändle announced: “The unattractive margins in the standard PV business prompted us to revise the originally-planned relocation of parts of our production to China and adjust our sales focus accordingly,” said Brändle.

To get the full benefit of a solar heater there must be an area available that has sufficient exposure to the sun.

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Sun Heat will sell two versions of a solar home water heating system. The second model is sold as a unit to be installed by a licensed installer.

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That marks a u-turn from plans to switch significant parts of the company’s global sales and service functions from its Thun headquarters to Wuxi-Shanghai, and signals Meyer’s intent to focus its PV business on Europe as a long-mooted solar renaissance starts to flower.

The company did get a shot in the arm, however, on the day it confirmed first-half reverses, by signing a letter of intent with Norwegian panelmaker REC Solar over a strategic collaboration based on the latter’s desire to expand its production capacity by several gigawatts.


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