VDMA Update On PV Equipment Sector
German Solar Equipment Makers Report 7% Decline In 2022 Annual Turnover, But Say Orders Diversifying Geographically
Wednesday, 07 Jun 2023
The German Mechanical Engineering Federation (VDMA) says while Asia remained the most important export market for European PV equipment suppliers in 2022 especially India, geographical diversification is being witnessed as American and European markets become more attractive.
European Orders Significantly Up For German PV Equipment Makers
European Orders In Q2/2022 Beat Asia For German Solar PV Equipment Makers First Time in Over A Decade
Thursday, 13 Oct 2022
As positive policy frameworks for domestic solar manufacturing are starting to take shape in Europe, German solar PV equipment manufacturers are seeing a momentum for their business in Europe.
German PV Equipment Business In Q3/2021
Q3/2021 PV Equipment Incoming Orders Increased 40% QoQ For German Companies
Friday, 17 Dec 2021
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
Friday, 04 Dec 2020
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
Friday, 15 May 2020
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
Sunday, 08 Dec 2019
According to German Engineering Federation VDMA, in Q3/2019, German manufacturers saw their exports to America increase 15% percentage points to 30%.
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