GT Solar Contracts for 30 MW of Wafers and Solar Cells

GT Solar Inc. signed a contract with Solar Cells Hellas, S.A. of Patras, Greece, for the sale of equipment and technology that will be used to produce 30 megawatts (MW) annually of multicrystalline photovoltaic (PV) solar wafers and cells.

“Solar Cells Hellas is in an excellent position to serve Western Europe with multicrystalline solar wafers and cells from its location in the Greek port city of Patras,” said GT Solar Senior Vice President, Keith Matthei. Solar Cells Hellas S.A will manufacture the silicon wafers and solar cells in its facility in the Patras Industrial Park for GT Solar, which provides essential technology, equipment and turnkey manufacturing solutions for the PV supply chain. “We are doing business with GT Solar Incorporated because of its excellent track record in Europe and Asia providing companies with photovoltaic manufacturing lines,” said Solar Cells Hellas Chairman, Dimitrios Panagakos. “We look forward to working with Solar Cells Hellas at a time when the photovoltaic marketplace is growing significantly in Europe,” added Matthei.
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