Energy News - Energy Technology - Energy Business

May 24, 2013

Solar Industry Capital Spending Hits Seven-Year Low in 2013
El Segundo CA (SPX) May 24, 2013
Although global capital spending this year in the photovoltaics (PV) supply chain is expected to fall to its lowest level since 2006, indications signal that the downturn in investment has hit bottom and that purchases of equipment may soon rebound. Capital spending among PV companies is set to drop to $2.3 billion in 2013, down 36 percent from $3.6 billion in 2012, according to the PV Manufacturing and Capital Spending Tool from information and analytics provider IHS. The anticipated fall w ... read more

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