To soften the blow, Meyer Burger also said that it was experiencing a strong increase in new orders, which totalled CHF 367 million (US$364.7 million) by the end of October 2015, a 44% increase over the prior year period.
Meyer Burger had reported new order PV segment intake (PV Tech estimatessolar pv system
) for the first half of 2015 at CHF165 million (US$163.9 million), equating to over CHF200 million (US$198.7 million) in total (all segments) new orders in the four months since reporting first half year results.
Only last week, SolarWorld confirmed to PV Tech that it had been experiencing delays in completing its PERC (passivated emitter rear contact) migration and ramp at its US facility.
Meyer Burger lowers revenue guidance on order completion delays
Image: Meyer Burger: First half 2015 order intake.
solar pv system
The company noted that the strong increase in incoming orders was mainly due to various large- and mid-sized orders for PV systems and solutions, demonstrating “improvement in investment behaviour by customers and an increased technology demand to further improve solar cell production lines in terms of cell efficiency and performance capabilities with new technologies”, according to the stasolar pv system
A swathe of new capacity expansion announcements tracked by PV Tech have been made in the first nine months of 2015 that total over 22GW, while announcements in November this year already exceed those set in the same month of 2014, which almost surpassed 5GW and are on track to be the higsolar pv system
hest reported since 2012.
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