GT Solar to Supply Soltech with PV Manufacturing Line

GT Solar International, Inc.’s wholly owned subsidiary, GT Solar Inc., has received a $40,700,000 order from Soltech, S.A. in Patras, Greece, for a turnkey line of equipment capable of making 30 megawatts (MW) of solar wafers, cells and modules annually.

The equipment includes GT Solar’s new DSS450 furnace (which produces 400 kilograms (kg) to 450 kg silicon ingots) and Atlas tabber/stringers, which arrange rows of solar cells for placement in solar modules.

“This order represents GT’s first sale of an integrated factory,” said GT Solar President and CEO, Thomas Zarrella, “and underscores GT’s value as an enabler of companies that are interested in the solar (PV) business.”

Soltech, S.A. President, Dimitrios Panagakos, said, “We are purchasing a technologically advanced line of equipment and technology that will make us competitive in the fast-growing photovoltaic marketplace.” Soltech, S.A. will become a fully integrated solar PV player in the Southern European market.

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