Meyer Burger Shuts Down US Solar Panel Factory in Arizona
- Swiss solar manufacturer Meyer Burger shut down its Arizona solar panel factory and laid off all 282 employees on May 29, 2025.
- The closure followed financial struggles, including the termination of a key five-year purchase deal and difficulty securing funds.
- The plant was newly opened in June 2024 with a planned capacity of 1.4 gigawatts and relied on heterojunction technology seen as complex but unique.
- Meyer Burger indicated that there is considerable doubt about its ability to continue operating without obtaining substantial additional financing and effectively executing its business strategies.
- The shutdown highlights pressures from cheaper imports and challenges maintaining US expansion, leading the company to prioritize German manufacturing.
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Solar Manufacturer Meyer Burger Stops Production in the USA
Cheap competition from China makes the Swiss company to create. Now it stops the expansion plans in the United States. This can have an impact in Saxony and Saxony-Anhalt.
·Frankfurt, Germany
Read Full ArticleMeyer Burger shuts down US solar panel factory in Arizona
(Reuters) -Meyer Burger shut down a U.S. solar panel factory in Arizona due to financial troubles, cutting all 282 employees, the Swiss company said on Thursday. The Goodyear, Arizona, plant was announced in 2021 to enable Meyer Burger to capitalize on clean energy manufacturing incentives introduced during the administration of former U.S. President Joe Biden. But the company’s operations in both Europe and the United States struggled to compet…
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