Meyer Burger Acquires Roth & Rau, Plans Integrated PV Production Approach

Posted by weijing3333 on May 27th, 2015

Img source:affordable portable storage
Meyer Burger Technology AG has announced a voluntary public takeover offer to acquire all bearer shares in Roth & Rau AG at a price of 22 euros per share in cash.The offer has been accepted by Roth & Rau's management and supervisory boards. Meyer Burger acquired a total of 11.3% of the share capital of Roth & Rau from the founders and key shareholders in April 2010. In addition, Roth & Rau has signed a business combination agreement with Meyer Burger Technology.According to the companies, the planned consolidation will provide a complete system supplier covering all key technology steps within the photovoltaics value chain, from solar silicon through to complete solar energy systems, mainly in the production processes of wafering, solar cells and solar modules.

Roth & Rau will close the gap between wafering and solar modules and will form the core of the new PV cells technology and competence center at the Meyer Burger Group. As a company within the Meyer Burger Group, Roth & Rau will continue to be run as a proprietary technology competence center and operating German company at its main location in Hohenstein-Ernstthal.

France-based utility EDF, which currently holds 50% of renewable energy company EDF Energies Nouvelles, has made an offer to acquire the remaining 50% stake in the company.EDF Energies Nouvelles' board of directors has conducted an initial review of the offer's terms and found it "favorable." Expected benefits include stronger cooperation and profitable growth.

The CFV Solar Test Laboratory, a photovoltaic certification test company jointly owned by the CSA Group, VDE Testing and Certification Institute, Fraunhofer Institute for Solar Energy Systems and Fraunhofer USA Center for Sustainable Energy Systems, has begun operations in Albuquerque, N.M.The CFV laboratory offers complete certification and non-certification testing services for PV technologies not readily available at other test locations, including flat-panel, thin-film and concentrated PV (CPV) testing.

The facility will help manufacturers enter the market more rapidly and at a lower cost, as the laboratory can simultaneously certify solar panels for use in multiple countries and meet the unique standards for each country, according to the lab owners.Testing in the 25,000 square-foot indoor lab will include climate chambers for thermal cycling and humidity freeze up of panels to 4m x 2.5m; a large-area AAA+ rated solar simulator with temperature-controlled enclosure for performance measurements; and access to a five-acre outdoor testing area with single- and two-axis trackers for accelerated light soaking and CPV testing.
To learn more :portable storage containers for sale


About the Author

Joined: May 11th, 2015
Articles Posted: 36

Earn Crypto with Stakecube
StakeCube is the predominant crypto ecosystem originally launched in June 2018 as PoS Pool and has since grown to service over 50,000 Users and supporting 55+ different crypto assets with unique features across 10+ apps, like an integrated Exchange, maste
Claim 1 FREE Stock! No Purchase Necessary!
You have a 100% chance of receiving one free stock! Click to claim and have a chance to get one share of Facebook, Visa, Microsoft and others for free!
FREE App - Earn up to 25/gal cash back on gas!
Download this FREE app and earn cash-back when you buy gas, groceries and food! 100% FREE to join and FREE to earn cash back on your everyday purchases!
Quality Office Furniture USA Shipped Direct - Madison Liquidators
Nationwide vendor of quality office furnishings including Desks, Office Chairs, Conference Tables, Cubicles and more!
Earn HNT Tokens with a Helium Hotspot!
Pre-Order a Helium hotspot and earn HNT tokens that are redeemable for USD. Set it and forget it!
Lolli: Earn Free Bitcoin When You Shop Online!
Lolli is a rewards application that gives you bitcoin for shopping at your favorite online stores.