Leading indicator of supply contraction. These financial results will trigger large-scale consolidation and do a Darwin on the weak.
Worldwide bookings of PV production equipment industry decline 60 percent in 3Q |
14.01.2013: SEMI PV Group, the solar division of the global industry association serving the manufacturing supply chain for the micro- and nano-electronics industries SEMI, has released the worldwide PV manufacturing equipment billings and bookings for the third quarter of 2012. According to the report, that includes also data collected by German Engineering Federation (VDMA), bookings for the third quarter amount to $234 million, down 56 percent compared to the same period of 2011. Worldwide billings for the quarter dropped to $609 million, down 60 percent year-over-year. Source: SEMI PV Group http://www.semi.org http://www.semi.org/en/node/44556?id=highlights The complete press release can be viewed in PHOTON's archive using the following link:
http://www.photon-international.com/newsletter/document/73078.pdf |
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Monty Bannerman
ArcStar Energy
646.402.5076
www.arcstarenergy.com
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