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Meyer Burger suspends solar cell production site in Colorado

08/26/2024

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2024.08.26 01:05

© Reuters. A solar panel rolls off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant, due to an announced closure of the plant, in Freiberg, Germany March 12, 2024. REUTERS/Annegret Hilse/File Photo

BERLIN (Reuters) – Swiss solar panel maker Meyer Burger (SIX:) said on Monday its solar cell production site in Germany’s Thalheim will continue to form the backbone of its supply, after suspending plans for a plant in Colorado, contrary to previous plans.

“In connection with the strategic changes, the Board of Directors has instructed the Management to draw up a comprehensive restructuring and cost-cutting program,” the company said in a statement.

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08/26/2024

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