Market research firm, IHS, has reiterated its forecast that PV capital spending would increase by 42% from the lows of 2013 and reach US$3.37 billion in 2014.
In a continued effort to return its Energy and Environmental Solutions (EES) division to breakeven, despite two-years of downsizing and restructuring, Applied Materials said it had reduced EES spending per quarter to US$25 million.
Over 142,000 people are employed by the solar industry in the USA, with over a third based in California, a series of reports published by non-profit organisation The Solar Foundation has revealed.
Equipment suppliers serving the PV manufacturing sector are expected to see a new cycle of capital expenditure begin early next year that could reach US$10 billion by 2017, according to NPD Solarbuzz.
Each year forecasts for how much new PV capacity will be added around the world are released. These are subsequently revised, updated, defended and invariably increased. The forecasts for 2014 from various banks and research firms however are quite different. The difference between the high-end and the low-end of expectations is massive – potentially 15GW – or put another way nearly half the amount installed in total the previous year.
Apollo Solar – Hanergy’s PV equipment tool maker subsidiary – has become the clear leader for solar PV equipment revenues during 2013, according to new findings in the latest NPD Solarbuzz PV Equipment Quarterly report. Previous leading rank companies of the PV equipment supply sector include Centrotherm, Applied Materials and Meyer Burger.
