GT Solar Helps Chinese Firm Ramp Up to 200 MW Solar Output

GT Equipment Technologies received a record 100-unit order for 100 DSS multi-crystal silicon ingot growth furnaces. This equipment enables LDK Solar Hi-Tech Co., Ltd. of Jiangxi, China, to expand its annual wafer fabrication capacity to more than 200 MW from 75 MW. LDK Solar focuses on research and manufacture of silicon solar wafers.

“This order continues a pattern of strong sales growth to China, Europe and the United States. We have also achieved a significant increase in our manufacturing productivity in 2005, and the combination of these accomplishments will enable us to record the best year in our 11-year history,” said Kedar Gupta, GT’s Chairman and CEO. “China is moving with great speed to acquire renewable energy resources, and GT has become a major U.S. supplier of equipment for solar wafer, cell and module manufacturing.” With wafer production scheduled for early 2006, and to meet customers’ aggressive demand for wafers, LDK Solar Hi-Tech Co., Ltd. is planning to expand its capacity to 400 MW by 2008. GT Equipment Technologies has been named the “U.S. Environmental Exporter of the Year” for 2005 by the Export-Import Bank of the United States.
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