Meyer Burger solar panel facility in Arizona is back on track
German solar cell and panel manufacturer Meyer Burger has entered into a supply agreement with DE Shaw Renewable Investments (DESRI) to supply the US developer with 5 GW of solar panels between 2024 and 2029. This major supply agreement signifies Meyer Burger’s plans to open a panel factory in Goodyear, Arizona, are back on.
“With this agreement, Meyer Burger demonstrates that our high-quality heterojunction/SmartWire technology is also highly applicable in the solar power plant segment. We look forward to expanding the long-term partnership with DESRI,” said Franz Richter, Chairman of the Board of Directors of Meyer Burger.
Meyer Burger announced plans to open a manufacturing site in the US last year, but things stalled when the United States debated tax credits for solar energy production. With the Inflation Reduction Act signed by President Joe Biden with tax credits intact, Meyer Burger is exploring expansion options beyond its original annual capacity target of 400 MW.
To meet high demand in the distributed generation/roofing industry and to provide DESRI with panels for the utility market, Meyer Burger plans to reach 1.5 GW of production capacity at its Goodyear, Arizona site. Lines will be split – 1 GW of larger solar panels for the utility market will be made each year, in addition to 500 MW of solar panels for the DG sector.
Meyer Burger will also expand its solar cell production capacity at its German manufacturing site to meet growing demand for solar panels in the United States.