Swiss-Based Meyer Burger Plans Colorado Springs, Colorado, Solar Cell Production Facility
The company will convert the former Intel semiconductor fabrication plant into a 2 gigawatt-per-year facility that will manufacture solar cells. Operations are scheduled to begin in the fourth quarter of 2024.
“Meyer Burger is currently working on additional multi-gigawatt offtake agreements in the U.S. with new customers,” said Gunter Erfurt, Meyer Burger CEO. “We are already exploring opportunities to add further solar cell and module production capacity in the country.”
Incentives related to the project include an eligible sum of $1.4 billion as part of the Inflation Reduction Act, a $90 million package from the city and state, and an anticipated $300 million loan from the Department of Energy.
"Colorado's strong economy and business-friendly environment continues to attract companies to move and grow here,” noted Governor Jared Polis.
Headquartered in Gwatt, a district of Thun, Switzerland Meyer Burger Technology AG is an industrial manufacturer of solar cells and solar modules.
“Meyer Burger’s technologies are found in most solar modules produced worldwide, and their decision to locate in Colorado Springs adds to our growing advanced manufacturing sector," added Johnna Reeder Kleymeyer, president & CEO of the Colorado Springs Chamber & Economic Development Corporation. "The new Colorado Springs footprint will be Meyer Burger’s first site in the Western Hemisphere to manufacture the chips and wafers that power cutting-edge solar technology.”
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