PV equipment supplier, BTU International, has reported third quarter net sales of US$12.0 million, down 15.7% compared to US$14.2 million in the preceding quarter as little sales activity was generated from the PV sector.
Hemlock Semiconductor continued to report positive financial results in the third quarter of 2013, despite the imposition by China of anti-dumping duties on imported polysilicon, notably from the US.
Two US PV manufacturers have announced milestones in the outsourced production of their equipment, suggesting the ‘fab-less’ and ‘asset-lite’ business model exist in the PV industry.