PV equipment market in 2011 will reach 11.7 billion

 Consultancy Solarbuzz expects 2011 global PV manufacturing equipment market will reach 11.7 billion, more than 10.7 billion in 2010.


crystalline silicon cells as first-line manufacturer in China to strengthen vertical integration and film makers to increase investment in the fourth quarter of 2010, new battery production capacity will reach 1.25GW, the end of 2010, crystalline silicon and thin-film batteries total capacity increased to 11.5GW. This results in the fourth quarter of 2010, global PV manufacturing equipment spending up to 29 billion U.S. dollars, the sixth consecutive quarter of growth.

released under the photovoltaic industry in 2011, capacity expansion plans, annual growth rate of more than 60%. The end of the fourth quarter of 2010, there are 20 orders for equipment suppliers have accumulated more than 1 billion U.S. dollars, these orders ship time to focus on the main first half of 2011. The current total outstanding orders in the fourth quarter of 2009 compared to 26% growth.

2011, the crystalline silicon cells and thin film components from ingot to the battery panel manufacturing equipment spending is expected to grow to 117 billion U.S. dollars, but there are still some uncertain factors, such as film manufacturers (First Solar, except ) the progress of the implementation of expansion plans, as well as crystalline silicon components of excess capacity in the first half of 2011, the possible impact.

(This article Source: China Securities Journal)