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Meyer Burger suspends Colorado solar cell manufacturing site By Reuters

© Reuters. A solar panel rolls off the assembly line as part of the last production of solar modules at the Meyer Burger Technology AG plant due to the plant's announced closure, in Freiberg, Germany March 12, 2024. REUTERS/Annegret Hilse/File Photo

BERLIN (Reuters) – Swiss solar panel maker Meyer Burger ( SIX: ) said on Monday its solar cell production site in Thalheim, Germany, would continue to form the backbone of its supply after suspending plans to a plant in Colorado, contrary to previous plans.

“In connection with the strategic changes, the Board of Directors has instructed management to develop a comprehensive program of restructuring and cost reduction,” the company said in a statement.

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