Meyer Burger has commenced production at its new solar module plant in Goodyear, Arizona, successfully passing the UL testing standards audit without any deviations. The company is nearing completion of a strategic commercial agreement with a leading US industry player to produce solar modules increasingly using domestic components. Additionally, Meyer Burger has signed a three-year offtake agreement with a major US energy company for up to 600 megawatts per year of solar modules, starting in January 2026. To support its US solar production expansion, Meyer Burger is negotiating loan agreements after due diligence by a major US bank and anticipates securing export financing from a German bank.
Meyer Burger begins production at Arizona solar plant
Meyer Burger’s new solar module plant in Arizona starts production, aiming for increased domestic components. (Photo credit: Meyer Burger)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)
Part of SECI’s 2 GW ISTS initiative, the project will deliver four hours of peak power daily for 25 years. (Image Credit/Source: Pixabay/Pexels)
Ethical Power Italia’s first EPC projects in Italy, two solar farms for Encavis AG, will generate 28 GWh annually. (Image Credit/Source: TomFisk/Pexels)