Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

Due to technological breakthrough, Meyer Burger has a well-founded n-type expansion strategy Announced new production capacities¹ GW 103.5 3.3 (3.2%) First Solar 80.4 (77.7%) Aiko CSI JA Solar Jinko Risen 3.0 LONGi 6.67 Meyer Burger 1.57 6.5 2.2 Jolywood Tongwei Risen Trina 4.5 (4.3%) Tongwei JA Solar CSI 15.3 (14.8%) Those who have achieved the technological- commercial breakthrough can grow • • • Despite a number of announcements for investments in new n-type technologies, tier-1 manufacturers in fact focus their capacity expansions on PERC2,3 In particular, HJT announcements from China have so far consistently not been implemented as announced (e.g., announcement Risen 2019 2.5 GW,4 which was to be ready in 2021, is now postponed to 2023, announcements from new entrants usually "breathtaking", but only a fraction implemented so far (e.g., SCIE 2019 – 10 GW5) Meyer Burger emerging as a player with solid and technologically validated advanced technology expansion strategy Total CdTe n-TOPCon n-HJT p-PERC 1) Limited to SMSL players and Jolywood (largest TOPCon player). Announcements by lower-tier players and new entrants without track record are not considered. 2) Solar Media Market Research February/May 2021. 3) AsiaChem Report July 2021. 4) China's Risen Energy begins construction of 2.5-GW HJT module factory (renewablesnow.com). 5) Shanxi Coal to Build 10 Gigawatt Solar Cell Factory (yicaiglobal.com). 6) First Solar to Invest $680m in Expanding American Solar Manufacturing Capacity by 3.3 GW (firstsolar.com). 7) Until 2027 according to current planning MEYER BURGER Presentation for Investors, Analysts and Media, August 19, 2021 Meyer Burger Technology AG 9
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