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Meyer Burger Investor Presentation

World's largest solar market China: signals for quick recovery from 531 restructuring MEYER BURGER China 531 heavily impacted demand in 2018 Annual end-installed capacity -9 GW 9 GW 53 GW 44 GW 2019 with upside potential towards 2017 levels 2019 expected to 44 GW reach at least 2018 levels 2018 2019 2017 Source: NEA, various analysts China solar back on track as of 2019 The turbulences in the Chinese solar market also caught the attention of President Xi, who emphasized that solar energy remains a national priority and support will continue Chinese government wants: āœ“ to achieve grid parity within next 3 years by establishing market driven model other than previous FiT Push industry to quality and technology focus After several consultation meetings with domestic PV industry, Chinese administration is expected to release positive solar policy framework soon and re-start new subsidy program for PV projects After 2018 growth pause, analysts expect China to install at least the 2018 volume with upside towards 2017 record year 4 Meyer Burger Technology Ltd, Presentation for Investors, Analysts and Media
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