While much of the focus is on the timing issues of the Europe/China anti-dumping investigations, it is the scope of any such actions that remains the key uncertainty for the industry as a whole.
PV equipment spending (including c-Si ingot-to-module and thin-film fabs) is forecast to decline to an eight-year low in 2013, as the industry reacts to the dearth of new purchase orders and de-bookings of the past 12 months.