The business model agreed by Meyer Burger with REC is based on the Norwegian company’s willingness to pay its partner in return for exclusivity protection for certain HJT and Smart Wire interconnect technologies.The arrangement will enable Meyer Burger to capitalize on the economic value of its high-efficiency module production technology, protect its intellectual property and reduce the standardization risk it has experienced in major markets in the past.By providing two models, Sun Heat will appeal to two different customer segments, one that likes the challenge of projects and has the skills to execute the plans, and people who desire a solar heating system but have no desire or skills to install it themselves.
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The Swiss equipment maker is instead preparing to commit its future to PV in its European heartland and will start with plans to help Norwegian module maker REC Solar embark on a gigawatt-scale production expansion. Swiss solar equipment maker Meyer Burger has confirmed it has rowed back on a ‘transformation plan’ for the business – announced in October – which would have involved further redundancies in Switzerland and an increased focus on China.
Presenting a set of first-half results undermined by weak demand, Meyer Burger CEO Hans Brändle announced: “The unattractive margins in the standard PV business prompted us to revise the originally-planned relocation of parts of our production to China and adjust our sales focus accordingly,” said Brändle.
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To get the full benefit of a solar heater there must be an area available that has sufficient exposure to the sun.
The facing angle may be in any direction within 30 degrees of due south.
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Sun Heat will sell two versions of a solar home water heating system. The second model is sold as a unit to be installed by a licensed installer.