Meyer Burger: Swiss Solar Pioneer's $29M U.S. Liquidation
Meyer Burger, the only U.S. producer of heterojunction (HJT) solar technology, filed chapter 11 in Delaware after losing its largest customer and shutting down its Arizona factory. Assets sold to Waaree Solar Americas for $18.5M and DESRI for $10.18M, completing in under 90 days.
Industrials & manufacturing