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BTU International expects solar market to dominate future equipment sales

BTU International has posted 3Q08 sales of $20.6 million, up 25 percent compared to $16.5 million for the same quarter a year ago and up compared to $20.4 million in the preceding quarter. With the downturn in the semiconductor industry, BTU is anticipating a slowdown in sales through the first half of 2009. However, the company expects equipment sales to the photovoltaics industry to grow and become a significant percentage of its sales mix in the future.

“The driving forces for a cleaner environment coupled with the need for an increase in energy generation worldwide are expected to result in expansion by most of our customers in the alternative energy markets,” commented Paul J. van der Wansem, BTU chairman and CEO. “Our new product developments are ongoing and we are on target to make alternative energy a significant, if not the major, part of our equipment business in the near future.”



  • Photovoltaics International 29th Edition

    Forecasting the evolution of a young, dynamic industry is by definition an uncertain business, and solar is no exception. Rarely, if ever, do the numbers broadcast by any of the various bodies involved in the PV prediction game tally, and even historical deployment rates remain the subject of hot debate. The paradox is that getting forecasts broadly right is going to become increasingly important over the next few years, particularly for those involved in producing the equipment that will support whatever levels of demand come to pass.



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