German PV machinery makers enjoy stronger Q2 for sales, orders

Author: University of Salford Press Office.

September 24 (Renewables Now) - Solar photovoltaics (PV) production equipment makers in Germany can toast a stronger second quarter (Q2) as sales rose by 24% over the previous three months and orders jumped 1.7 times.

Sales also grew by 35% year-on-year, according to the latest summary by the German Engineering Federation (VDMA), published Friday.

The export ratio of German solar manufacturing equipment suppliers reached 89% in Q2. East Asia is the main destination for German machinery with an 82% share of revenues in the period.

The table shows the geographical distribution of Q2 sales and order intake for German suppliers.

Country/Region Share of sales Share of orders
East Asia 82% 55%
- of which China 39% N/A
- of which Taiwan 4% N/A
Germany 11% 9%
Rest of Europe 6% 5%
America 1% 31%

The most sales for German suppliers in the quarter came from solutions for the production of thin-film photovoltaics (PV). That segment accounted for 62% of sales, followed by machines for the making of cells with 31%.

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Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

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