Meyer Burger Eyes US Solar Plant After Shutting Europe Factory

Swiss solar panel maker Meyer Burger Technology AG wants to start operations in the US this year after a flood of cheap products from China forced it to close one of Europe’s largest solar factories.

Unlike the US or India, the European Union so far has not taken trade measures against Asian competition even as a record number of panels were installed in 2023. European manufacturers have seen profits plunge and governments have been slow to prop up the industry despite calls for more homegrown energy infrastructure.

“Solar cell production in the US could start running around the end of ...