Swiss investor takes on China in bid to reboot EU solar industry

The Business Times | Aug 11, 2020 at 2:00 AM
  • A Swiss company is buying up cheap solar assets in a move to reclaim a key link in Europe’s renewable energy supply chain from China.
  • The company bought the stock and patents of Germany’s bankrupt Solarworld AG and rented a factory south of Berlin to build the solar modules.
  • Chinese mono modules are currently 19 US cents a Watt, so Meyer Burger’s units would still have to be “very, very cheap,” according to Ms Chase.