German solar equipment manufacturers' third-quarter revenue fell 13 percent from the second quarter of 2017. The so far high investment activity of the solar cell manufacturers in the expansion of existing and new production capacities is decreasing, the production is still busy, says the German Machinery and Plant Engineering Association (Verband Deutscher Maschinen- und Anlagenbau, VDMA). Low prices have a negative impact on sales of production equipment. New orders came increasingly from PERC and black silicon equipment as well as from the thin film technology sector.
The export ratio of German photovoltaic equipment suppliers reached 87 percent between August and September. The core business continued to be in east Asia, the share of total turnover originating from there amounted to 81 percent in the third quarter of 2017 with China as leading country (72 percent). Germany remained second behind Asia with a sales volume of 10 percent while America accounted 5 percent of sales. Europe achieved only 4 percent of sales. The strongest sales segment in the third quarter 2017 for German PV manufacturers was again the production equipment for cells (57 percent), followed by production solutions for thin-film PV (35 percent). Order intake declined by 2 percent in the third quarter of 2017 compared to the second quarter, says the organization.
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