US EditionMeyer Burger Shuts Down US Solar Panel Factory in Arizona
- Swiss manufacturer Meyer Burger shut down its solar panel factory in Goodyear, Arizona, in May 2025 due to immediate operational halt and employee terminations.
- The shutdown followed funding shortfalls after the termination of a key five-year purchase deal with DESRI and ongoing financial struggles since 2024 reductions.
- The Arizona plant had a planned annual capacity of 1.4 gigawatts, was still ramping up, and laid off 283 production workers as bridge financing ran dry.
- Meyer Burger indicated that its continued operation faces significant uncertainty, relying on obtaining new funding and successfully executing its business strategies, and announced a postponement of its annual report release to May 31, 2025.
- The closure casts doubt on Meyer Burger's US expansion and shifts focus back to German cell manufacturing as the most economical option amid market challenges.
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The German subsidiaries of Meyer Burger Technology have applied for insolvency. Only two days ago, the solar manufacturer announced that it would stop solar module production in the USA due to a lack of financial resources.
·Dortmund, Germany
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Swiss solar module manufacturer Meyer Burger has applied for insolvency for its German subsidiaries.
·Germany
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Short-time work was not enough: Swiss solar manufacturer Meyer Burger is pulling the emergency brake on his three German daughters.
The solar company Meyer Burger is in a deep crisis. Around 600 employees in Germany could lose their jobs.
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Total News Sources37
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
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