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Meyer Burger Tech AG (MBTN)

Switzerland
Currency in CHF
Disclaimer
0.0115
-0.0020(-14.81%)
Closed

MBTN Price Commentary

The German government has expressed concern about the closure of the Meyer Burger Technology factory, as it is seen as a loss of employment and industrial capacity. The government could consider providing financial aid to the company to keep the factory open. The European community could also provide financial aid to Meyer Burger Technology. The European Union has a policy of supporting strategic industries, such as solar energy. The European community could consider providing support to Meyer Burger Technology to remain a producer of solar modules in Europe. The company has developed pioneering energy-saving technology that could be very profitable. Meyer Burger Technology uses a more efficient manufacturing process that reduces energy consumption by 30%. This could reduce the company's manufacturing costs and make it more competitive. If Meyer Burger Technology keeps the German factory, it could use it to manufacture solar modules using its energy-saving technology. The company could export these solar modules around the world, including the United States.
Meyer Burger to start PV cell, module production in May Swiss solar manufacturer Meyer Burger is now looking for people to work at its new factories in Freiberg and Bitterfeld-Wolfen, Germany. The two facilities are scheduled to start production in May. https://www.pv-magazine.com/2021/03/12/meyer-burger-to-start-pv-cell-module-production-in-may/
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