Solar Equipment Suppliers have no orders as industry needs many years to absorb overcapacity

by / Sunday, 25 November 2012 / Published in Smartgrid-CI Blog

By Sneha Shah
To say that Solar Equipment Suppliers to solar panel makers like Trina or Yingli are going through bad times is an understatement. 
Like the other players in the solar supply chain, major solar capital equipment companies like Applied Materials, GT Advanced Technologies, Meyer Burger have seen their revenues and stock prices plunge while Centrotherm is effectively bankrupt. Some others like Oerlikon have thrown in the towel and sold their solar thin film division to Tokyo Electron. During the boom period of 2010 and 2011, a huge amount of capital expenditure took place in the crystalline silicon supply chain with almost $20 billion of equipment being bought… 
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