Meyer Burger expects higher prices for solar panels
solar panels, photovoltaics, prices, new technology
The Swiss manufacturer panels Meyer Burger wanted to increase the annual capacity of its production lines this year, but the increase has been delayed by congestion in global supply chains.
Meyer Burger adjusted its production plans for this year and next year. It now undertakes a production volume of between 320 MW and 370 MW for its heterojunction solar plants. It initially aimed to produce 500 MW of high-efficiency units at its factory in Freiberg, Germany.
In the first half of 2022, 108 MW solar panels rolled off the production line. Panels between 210 MW and 260 MW are expected in the second half of the year.
Meyer Burger also recently announced the further expansion of its solar cell and module production in Germany to 1,4 GW of annual production volume. He said this week that the ramp-up of the first line with an annual rated capacity of 400 MW was technically complete. The rise of the remaining lines is expected to begin in September. This means that a production capacity of 1,0 GW to 1,2 GW should be available for next year, according to Meyer Burger's expectations. It was originally expected to be 1,35 GW.
He said the generating unit is currently performing lower than expected, compared to rated capacity. The delayed start points to continued bottlenecks in global supply chains.
In addition, current production performance has been affected by planned shutdowns for the consolidation of another production line. Due to high demand for all three variants of the unit, frequent product changes are currently required. This also has a negative effect on overall production volume, but Meyer Burger said it wants to minimize this impact in the future.
Demand in Europe and the US for interconnect modules is still very strong, he said. Despite higher average selling prices, it has passed on higher material supply costs to customers. Allocation of quotas for customers for the second quarter of 2023 is currently underway. This is necessary due to limited production volume.
Meyer Burger will initially continue to focus on the growing residential segment. Initially, the manufacturer wanted to sell up to 30% of its production volume next year. However, in 2023, almost all of the expected sales volume will go to the roof market, the company said.
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