According to the latest statistics from the German Engineering Federation or VDMA (Verbandes Deutscher Maschinen- und Anlagenbau), PV equipment providers in Germany are benefiting primarily from investments in Asia. The demand for thin-film technology contributed to the growth in sales in the second quarter, although order intake dropped during the period.The Asian solar industry has continued to invest heavily in the expansion of its photovoltaic production capacities this year. The manufacturers of PV production equipment in Germany profited from this and recorded a 51% increase in sales in the second quarter compared to the first quarter. The order books of the German suppliers were well filled, as their book-to-bill ratio was 1.3 in the second quarter.
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