Featured in A compromise for the better? – 09-2013

When will PV equipment spending rebound?

PV equipment: With PV equipment spending at an eight year low, and backlogs almost fully depleted, understanding when new order intake will resume and capital expenditures (capex) will be released remain the key questions for all equipment suppliers. Finlay Colville, Vice President of NPD Solarbuzz elaborates.

Between 2003 and 2012, PV equipment spending – covering PV equipment for c-Si (crystalline silicon) ingot-to-module and thin film fabs – increased with a compound annual growth rate of 65%. By 2012, spending had reached over US$13 billion, with a new class of capital equipment suppliers that included companies such as centrotherm photovoltaics, Meyer Burger, …

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