Meyer Burger Technology AG / CH0108503795
20.02.2025 - 06:50:04Meyer Burger achieves highest category in new Italian renewable energy incentive program and signs first supply agreement for Italy with IBC SOLAR
| Meyer Burger Technology AG / Key word(s): Alliance 20.02.2025 / 06:50 CET/CEST Media release Thun, Switzerland – February 20, 2025 Meyer Burger’s high-performance modules qualify for the highest subsidy rate under Italy’s "Transizione 5.0" incentive program First supply agreement signed with IBC SOLAR for "Made in Germany" modules from stock, with further discussions ongoing with major distributors in Italy High-performance solar modules from Meyer Burger Technology AG have been officially recognized as eligible for subsidies under Italy’s "Transizione 5.0" program. Full-service provider IBC SOLAR and Meyer Burger have now signed an initial agreement for the supply of "Made in Germany" modules for the Italian market. The modules were manufactured at the company’s plant in Freiberg, Saxony, Germany, and remain available in sufficient quantities. Meyer Burger is in discussions with additional potential customers regarding supply agreements for the Italian market. Meyer Burger’s modules are the only ones on the market that qualify for the highest subsidy category C, enabling customers to receive a maximum tax credit, which can cover approximately two-thirds of total project costs. Under a new regulation, the Italian government is providing strong incentives for solar projects that use modules manufactured in Europe. This regulation is part of the "Transizione 5.0" program, which aims to support companies in their digital and energy transformation. To qualify for the highest subsidy category C, solar modules must meet the following criteria: they must be manufactured in European Union member states, use bifacial solar cells that are also produced in the European Union, and have a minimum solar cell efficiency of 24 percent. Media contacts Meyer Burger Technology AG Anne Schneider Head Corporate Communications M. +49 174 349 17 90 anne.schneider@meyerburger.com Alexandre Müller Investor Relations M. +41 43 268 3231 alexandre.mueller@meyerburger.com About Meyer Burger Technology AG www.meyerburger.com Meyer Burger researches, develops and produces highly efficient solar cells and solar modules of the latest generation based on the patented Heterojunction/SmartWire technology. As one of the few manufacturers worldwide, the company also develops its own equipment, which ensures high quality and efficiency in production. Meyer Burger's headquarters are located in Thun (Switzerland). The company operates a research center and an equipment site in Hohenstein-Ernstthal (Germany). The highly automated production of solar cells and solar modules takes place in Thalheim (Germany) and in Goodyear (Arizona, USA). The company has its own accredited test center for solar modules in Freiberg (Germany). This is the key to the durability and high precision of Meyer Burger solar modules. Meyer Burger was founded in Switzerland in 1953. Since then, it has developed and patented numerous technologies that are now used in many of the solar modules produced worldwide. The registered shares of Meyer Burger Technology AG are listed on the SIX Swiss Exchange under the ticker MBTN. End of Media Release |
| Language: | English |
| Company: | Meyer Burger Technology AG |
| Schorenstrasse 39 | |
| 3645 Gwatt | |
| Switzerland | |
| Phone: | +41 033 221 28 00 |
| E-mail: | mbtinfo@meyerburger.com |
| Internet: | www.meyerburger.com |
| ISIN: | CH0108503795 |
| Valor: | A0YJZX |
| Listed: | SIX Swiss Exchange |
| EQS News ID: | 2088857 |
| End of News | EQS News Service |
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