GT Solar Signs $49 M Polysilicon Reactor Contract

GT Solar, Inc. signed a $49 million contract yesterday to sell polysilicon reactors to the Russian company, Nitol Group. GT Solar’s reactors and silicon tetrachloride converters will be installed at Nitol’s production facility in Irkutsk, Siberia.

“We are pleased to be working with Nitol Group — a company that has a great deal of experience in the production of Tricholorosilane (TCS) which is used to produce polysilicon,” said GT’s VP for Polysilicon, David Keck. GT, whose products include equipment used to produce multi-crystalline solar wafers, cells and modules, recently expanded its product line to include polysilicon reactors — devices that allow customers to produce the polysilicon from which solar wafers are made. “This contract is a significant step in the development of GT’s position in the polysilicon market. Our strategy is to enable new manufacturers of polysilicon to enter the market,” said GT Solar President, Tom Zarrella. Nitol Group is a Russian vertically integrated chemical company with operations in chemical industry project management for projects launching new production facilities and the marketing of chemical products. “GT Solar’s experience in the manufacture of reactors and other PV equipment is a perfect match with Nitol’s experience as a producer of silicon organic gases,” said Nitol Group President, Dmitry Kotenko.
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