Amtech reports a spike in solar equipment orders

Share

The PV equipment industry appears to finally be recovering after four years of market collapse. As further evidence that order volumes are returning, last Thursday Amtech reported that its subsidiary Tempress has received $22 million in new solar orders during its most recent quarter, which ended on December 31.

This is over 40% of the order volume of the four previous fiscal quarters. In a brief press statement, Amtech reported that 50% of the orders were for Tempress' plasma enhanced chemical vapor deposition (PECVD) tools, and also mentioned significant orders for High Throughput Diffusion tools.

The company notes that the majority of orders came from an un-named “top-tier” PV cell maker in Asia, and expects to ship the products in the next six to nine months.

2015 was already a good year for Amtech, in line with broader recovery in the PV equipment space. During the year Amtech's revenues increased 86% and its bookings 79%, with solar orders making up roughly half the company's business. The company also makes equipment for semiconductor and LED production.

Overall, the PV equipment industry reported both its largest order volume at around $300 million and its highest book-to-bill ratio in three years during Q2 2015, the latest quarter for which statistics have been made public.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Enphase Energy to cut 17% of workforce, shut down production in Mexico

11 November 2024 Enphase Energy says it plans to restructure its operations, reducing its global workforce by 17% – about 500 employees and contractors – and closing i...

Share

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.