German PV Equipment Business In Q3/2021
Q3/2021 PV Equipment Incoming Orders Increased 40% QoQ For German Companies
The German Mechanical Engineering Federation (VDMA) counts 40% sequential increase in incoming orders for the country’s solar PV equipment makers in the period between July 2021 and September 2021.
Q3/2020 Sales Up For German PV Equipment Makers
German PV Equipment Sales During Q3/2020 Rose 40% QoQ As Incoming Orders From Asia Accounted For 90% Of Total; VDMA Says Low Point Of Q2/2020 Has Been Overcome
After suffering a 53% annual decline in its sales in Q2/2020 with incoming orders going down by over 70%, German solar PV equipment manufacturers could see light at the end of the tunnel in Q3/2020 when the industry registered over 40% sales increase.
German PV Equipment Orders Fell 50% In Q4/2019
German Solar PV Equipment Makers Experienced 50% QoQ Drop In Incoming Orders in Q4/2019; COVID-19 Makes Recovery From Slump Uncertain, But Industry Senses Opportunity In Pandemic, Says VDMA
The pandemic has dealt a blow to the Germany's solar PV equipment manufacturing industry that currently depends on Asia, especially China as a major contributor to its sales.
German PV Equipment Sales In Q3/2019 Up Sequentially
VDMA: 12% Improvement In QoQ Sales For German PV Equipment Makers In Q3/2019, But Manufacturers Expects Q4/2019 Sales To Drop 18% Sequentially
According to German Engineering Federation VDMA, in Q3/2019, German manufacturers saw their exports to America increase 15% percentage points to 30%.
