Image: Meyer Burger 

Swiss solar panel manufacturer Meyer Burger Technology AG has announced the shutdown of its solar module production facility in the United States, due to a lack of funds.

The facility, located in Goodyear, Arizona, was still in the ramp-up phase and had an annual production capacity of 1.4 GW. On May 29, 2025, all 282 remaining employees at the site were given termination notices as the facility shut down immediately. The company stated that the future of the U.S. facility remains uncertain.

Meyer Burger is currently in ongoing restructuring talks with an ad hoc group of bondholders. The discussions involve two convertible bonds issued by MBT Systems GmbH, a subsidiary of Meyer Burger, and guaranteed by the parent company. The bonds are scheduled to mature in 2027 and 2029, respectively.

The company has not disclosed whether future operations in the U.S. will resume or be redirected elsewhere, but confirmed that financial constraints remain a critical challenge moving forward.