The book-to-bill ratio for solar manufacturing gear has fallen to a historic low of 0.44,...

|By:, SA News Editor

The book-to-bill ratio for solar manufacturing gear has fallen to a historic low of 0.44, according to Solarbuzz, as module makers halt expansion in the face of massive oversupply. The severity of the current module downturn is so large that "corporate failures will be necessary to take capacity out of the system," claims a Solarbuzz analyst. Some major equipment makers: AMAT, VECO, IVAC. (previously)