BTU solar sales continue to grow

Facebook
Twitter
LinkedIn
Reddit
Email

BTU International said that equipment sales into the photovoltaics industry and across the crystalline and thin-film markets continue to grow despite an overall decline in first-quarter revenues of 33% to US$9.8 million. The company noted that solar sales were currently oriented more toward technology buys than capacity expansions.

“Our growth strategy of investing in our alternative energy business is continuing to show positive results with system sales in the first quarter growing compared to the previous quarter,” commented Paul J. van der Wansem, BTU chairman and CEO. “This now represents five quarters in a row of growth in our alternative energy business. Several new product introductions for both silicon- and thin film-based solar are on schedule and startups will be taking place during the second quarter of 2009.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“In solar, for silicon cell production we see investments in technologies that improve efficiencies and throughput, with a more cautious appetite for pure capacity expansion. In thin-film solar, we’re seeing increased activity as customers move from development to production,” added van der Wansem.

The company said it was planning new product introductions for the solar market in the second half of the year.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 10, 2024
Dallas, Texas USA
Solar Media Events
April 17, 2024
Lisbon, Portugal
Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Napa, USA