Meyer Burger Technology AG and Ingka Investments, the investment arm of the largest IKEA retailer Ingka Group, have signed an offtake agreement for a period of four years. The agreement with Ingka Investments includes the supply of premium solar modules produced in Goodyear which are to be delivered between 2025 and 2029. Reportedly, the solar modules will be manufactured on Meyer Burger’s new glass-to-glass product platform and are electrically and size optimised for utility-scale applications. As Meyer Burger’s other products, they feature exceptionally low degradation and a bifaciality of over 90 percent. Furthermore, the agreement is one of the two, which were announced on March 23, 2023, regarding the increase of the annual capacity of the module production in Goodyear, Arizona in the US from approximately 1.6 GW to 2 GW.
In December 2021, Meyer Burger Technology, based in Switzerland, announced that it would establish a manufacturing facility in Goodyear, Arizona, to produce high-performance solar modules. Meyer Burger consumers in the booming North American market will have faster and more direct access to solar modules, and become less reliant on imports due to this upcoming manufacturing facility in Arizona.
