SOLAR’S NEXT GROWTH PHASE STARTS NEXT YEAR

New Solar PV Capital Expenditure Cycle to Start in 2015...New gigawatt solar factories to provide up to $10 billion of revenues to PV equipment suppliers in 2017

January 30, 2014 (SolarBuzz)

"Capital expenditures for equipment suppliers serving the solar photovoltaic (PV) manufacturing sector are forecast to enter a new upturn phase beginning in 2015…[and] could potentially reach $10 billion in revenues in 2017…For 2013, PV equipment spending—covering tool revenues from crystalline silicon (c-Si) makers of ingots, wafers, cells, modules, and thin-film panels—declined to an eight-year low of $1.73 billion…Over the next six months, however, end-market solar PV demand will catch up with the 45 gigawatts (GW) of effective capacity within the industry, and this will mark the official end of the two-year downturn in capital expenditure. Thereafter, plans will quickly emerge from PV manufacturers for new capacity additions, which will ultimately drive a strong rebound in revenues…” click here for more

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