Thin film equipment orders at Oerlikon Solar evaporate in Q1

Facebook
Twitter
LinkedIn
Reddit
Email

Citing customer funding problems and a general hesitation in the market to invest in a-Si thin-film technology, turnkey specialist Oerlikon Solar reported that it did not receive any large orders during the first quarter of 2010. Sales declines 24% to CHF39 million compared to the same period a year ago when sales reached CHF51 million. Orders received in the first quarter were only CHF8 million, down 27% from the same period in 2009. The division posted an EBIT loss of CHF24 million, down from a CHF32 million loss a year ago.

However, Oerlikon Solar has one major order from Russian-based Hevel that it is continuing to meet shipment schedules for. Order backlog stood at CHF267 million, down from CHF390 million in the same period in 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

The company said it was continuing to invest in R&D to meet its technology roadmap goals. Oerlikon Solar wants its tandem junction technology to be capable of producing modules for US$0.70/W by the end of 2010.

Read Next

July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
July 14, 2025
Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).
July 14, 2025
Solar and storage developer MN8 Energy has raised US$575 million to refinance three PV projects in North Carolina, Kentucky and Illinois.
July 14, 2025
OpenSolar has launched a new model to help US rooftop solar installers reduce costs and thrive despite the loss of the 30% IRA tax credit.
July 14, 2025
Analyst Wood Mackenzie has forecast that solar PV and wind installations in the US will be 100GW lower than expected between 2025 and 2030 with the removal of Inflation Reduction Act (IRA) incentives.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK