Meyer Burger to open new solar cell manufacturing plant in Colorado
July 27, 2023
Meyer Burger will use a former semiconductor factory as the location for its new facility.
Meyer Burger Technology AG has announced plans to open a new solar cell manufacturing plant in Colorado Springs, Colorado. Meyer Burger will use a former semiconductor factory as the location for its new facility. The new plant, which will be operational near the end of 2024, will have an initial capacity of two gigawatts of solar cells per year and will generate 350 new jobs for the area. Meyer Burger will receive financial incentives for their new facility, including an IRA tax incentive and a combined $90 million dollars from the city and state in the form of tax credits, direct support and reduced electricity and water tariffs.
In a recent quote, Gunter Erfurt, CEO of Meyer Burger, said, "Our presence in the USA will enable us to reach existing and future customers more quickly. I would like to sincerely thank our partners in the Biden administration and in Colorado as well as our offtake partners DESRI, Ingka and BayWa for their support in expanding our US activities. Meyer Burger is currently working on further multi-gigawatt purchase agreements in the USA with new customers. We are already examining possibilities to build up further production capacities for solar cells and modules in the USA".
Investing in American Manufacturing - 2023
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.
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