Order intake for German PV mechanical engineering declines slightly in first quarter of 2021

In the first quarter of 2021, sales in the German photovoltaic production equipment sector remained at the same level as the previous quarter. The order situation of the photovoltaic mechanical engineering sector was slightly down. This was »due to continuing pandemic-related difficulties,« according to the quarterly report of the industry association VDMA Photovoltaic Production Equipment.
While the mechanical and plant engineering sector as a whole showed rising order intake and better capacity utilization and expected production to increase by ten percent in real terms in the current year, the photovoltaic production equipment sector was expected to see an increase in order intake and an improvement in sales development from the second half of 2021. »For photovoltaic machinery and equipment manufacturers, the outlook for the third and fourth quarters of 2021 is good. We expect more projects to be realized, both in Germany and abroad. The trend towards larger wafer formats is contributing to this,« says Jutta Trube, Head of VDMA Photovoltaic Production Equipment.
The Asian market reached a share of 85 percent in the first quarter of 2021 (previous quarter: 80 percent). In contrast, domestic sales fell by four percentage points to five percent compared to the previous quarter. These slight fluctuations could be attributed to the »different, country-dependent pandemic conditions.«
China plays a central role in photovoltaic mechanical engineering. The VDMA expects demand there to pick up significantly in the third and fourth quarters. Another important Asian market is Malaysia, where projects are also increasingly being implemented.
Overall, photovoltaic machinery manufacturers are »cautiously optimistic despite the slight decline in incoming orders,« says Peter Fath, Chairman of the Board of VDMA Photovoltaic Production Equipment. »Due to the great momentum at home and abroad, increasing order intake is expected.«

Related News