Press Release

Thun, 30 November 2017

Meyer Burger Technology Day 2017 premiers Heterojunction / SmartWire module with 335 Watt efficiency as confirmed by TÜV Rheinland; strong momentum in incoming orders confirmed

Meyer Burger Technology Ltd (SIX Swiss Exchange: MBTN) is holding its Technology Day 2017 at the technology and production site in Hohenstein-Ernstthal, Germany, today. The primary focus of the event is on Meyer Burger's PV cell technologies with participants enjoying a tour through production including the company's Heterojunction production line and MB PERC technology assembly.

One of the main themes at the Technology Day 2017 is Meyer Burger's focus on innovation and the leading role its technologies have played in shaping the PV industry. A highlight of the visit will be the premier of the champion 334.9 Watt module as precisely measured and confirmed by TÜV Rheinland - Solar Energy Assessment Center Cologne (SEACC) and based on Heterojunction (HJT) cell technology and SmartWire Connection Technology (SWCT). The HJT solar cells in the 60-cell glass/white backsheet module were processed on an industrial manufacturing line operating at Meyer Burger (Germany) in Hohenstein-Ernstthal. The results underscore the transfer of recent successful R&D progress. The HJT cells used for the 335 Watt module had an average busbar-less efficiency of 23.5% using commercially available 6-inch (M2) n-type wafers. The best cell achieved a busbar-less efficiency of 24.02% based on a Fraunhofer ISE certified measurement calibration.

The production line uses Meyer Burger's fully industrialized HELiA PECVD and PVD process equipment using only six process steps. Dr Gunter Erfurt, Chief Technology Officer at Meyer Burger, commented: "Our production line, which is continuously operated at 25 MW in two-shift mode, is unique for an equipment manufacturer and key to achieve and prove a high level of industrialization. Today with our cost-competitive Meyer Burger HJT and SWCT technologies, we continuously achieve an average of 320 Watt with best modules above 330 Watt. As proud as we are of this milestone, the 335 Watt champion module is just another step in advancing our ambitious HJT / SWCT technology and industrialization roadmap."

Furthermore the company confirms that the strong momentum in incoming orders that it experienced during the first half of 2017 has been ongoing. In the period from January to October 2017, total incoming orders have increased by 26% compared to the same period of last year and reached CHF 503 million.

Contacts:

Ingrid Carstensen

Corporate Communications

Phone: +41 (0)33 221 28 34

ingrid.carstensen@meyerburger.com

Daniel Eicher

c/o Tolxdorff & Eicher Consulting

Phone: +41 (0)33 221 28 83

daniel.eicher@meyerburger.com

About Meyer Burger Technology Ltd

www.meyerburger.com


Meyer Burger is a leading global technology company specialising on innovative systems and processes based on semiconductor technologies. The company's focus is on photovoltaics (solar industry) while its competencies and technologies also cover important areas of the semiconductor and the optoelectronic industries as well as other selected high-end markets based on semiconductor materials. Over the past ten years, Meyer Burger has risen to the forefront of the photovoltaic market and established itself as an international premium brand by offering superior precision products and innovative technologies.

Meyer Burger's offering in systems, production equipment and services along the photovoltaic value chain includes the manufacturing processes for wafers, solar cells, solar modules and solar systems. Meyer Burger provides substantial added value to its customers and clearly differentiates itself from its competitors by focusing on core technologies of the value chain.

The company's comprehensive product portfolio is complemented by a worldwide service network with spare parts, consumables, process know-how, customer support, after-sales services, training and other services. Meyer Burger is represented in Europe, Asia and North America in the respective key markets and has subsidiaries and own service centres in China, Germany, India, Japan, Korea, Malaysia, the Netherlands, Switzerland, Singapore, Taiwan and the USA. The company is also working intensively to develop new markets such as South America, Africa and the Arab region. The registered shares of Meyer Burger Technology Ltd are listed on the SIX Swiss Exchange (Ticker: MBTN).

THIS PRESS RELEASE IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND SHOULD NOT BE DISTRIBUTED DIRECTLY OR INDIRECTLY TO U.S. PERSONS OR PUBLICATIONS WITH A GENERAL CIRCULATION IN THE UNITED STATES OF AMERICA. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER OR INVITATION TO SUBSCRIBE FOR, EXCHANGE OR PURCHASE ANY SECURITIES. IN ADDITION, THE SECURITIES OF MEYER BURGER TECHNOLOGY LTD HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED, SOLD OR DELIVERED WITHIN THE UNITED STATES OR TO U.S. PERSONS ABSENT REGISTRATION UNDER OR AN APPLICABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE UNITED STATES OF AMERICA SECURITIES LAWS.

This press release may contain "forward-looking statements", such as guidance, expectations, plans, intentions, or strategies regarding the future. These forward-looking statements are subject to risks and uncertainties. The reader is cautioned that actual future results may differ from those expressed in or implied by the statements, which constitute projections of possible developments. All forward-looking statements included in this press release are based on data available to Meyer Burger Technology Ltd as of the date that this press release is published. The company does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise.


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