IKEA signs on to use Meyer Burger HJT modules in the US
PV module manufacturer Meyer Burger has signed a four-year agreement to supply modules to Ingka Investments.
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PV module manufacturer Meyer Burger has signed a four-year agreement to supply modules to Ingka Investments.
Meyer Burger Technology AG / Key word: Agreement/Miscellaneous Meyer Burger and Ingka Investments sign offtake agreement for four years 03.05.2023 / 06:45 CET/CEST Media... | May 3, 2023
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the US by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
Between 2025 and 2029, the investment company of the Swedish furniture group will purchase solar modules produced in the U.S. by the Swiss photovoltaic manufacturer. The agreement is the basis for Meyer Burger to increase annual production capacity at its Arizona site to around 2 GW.
The investment arm of Netherlands-based Ingka Group, the biggest franchisee of Swedish furnishings store IKEA, will offtake solar modules from Swiss producer Meyer Burger Technology AG for a duration of 4 years under a bargain signed in March.