The existing overcapacity in the PV market has resulted in low capacity utilization and frozen plans for capacity expansion. However, x-Si, CIGS, and CdTe cell and module manufacturers are turning to core product differentiation to revamp margins – leaving an opportunity for PV equipment manufacturers, by way of reducing production costs and improving module efficiencies. Furthermore, equipment manufacturers must adjust as new active semiconductor materials – such as epitaxial Si, CZTS, and GaAs – make their push into the PV market.
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