Meyer Burger manufactures solar cells in Colorado Springs, Colorado for its module production in Goodyear for residential rooftop systems, commercial and industrial rooftop systems and solar farms.

Meyer Burger has been shaping the solar world for more than 40 years. As an innovative pioneer, we know how to get the most out of a roof surface. Meyer Burger solar modules achieve maximum performance even in low light conditions, thanks to heterojunction technology - morning, evening and when it's cloudy.

The rights issue consisted of 20.1bn new shares. The offer price was Sfr0. 01, a discount of 76.6% to the theoretical ex-rights price. Meyer Burger has been struggling as Chinese manufacturers have been flooding Europe's market with cheap solar cells and modules for months.

Franz Richter Mr. Franz Richter is the Chairman of the Meyer Burger Technology AG. Prior to this, he has served as Vice Chairman for Meyer Burger Technology AG. He also serves as the Chief executive Officer of Suss Micro Tec SE and was the co-founder and Chief executive Officer of Thin Materials, DE-Eichenau.