September 24 (Solar) – 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|
|– of which China||39%||N/A|
|– of which Taiwan||4%||N/A|
|Rest of Europe||6%||5%|
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%.