German PV equipment securing orders from US, European markets
- Admin
- Apr 26, 2024
- 1 min read
German PV equipment providers experienced a slight decline in incoming orders and sales, signaling a demand recovery in the photovoltaic industry. China dominates the photovoltaic production market, with German suppliers exporting primarily to Asia. The US Inflation Reduction Act is driving the establishment of solar factories, leading to increased turnover for German manufacturers in America and Europe.
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