GT Solar receives $81.7 million in new orders for polysilicon production equipment and technology

MERRIMACK, USA: GT Solar International Inc., a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets, has received orders from two new customers in Asia for polysilicon production equipment totaling $81.7 million. The recent orders include GT’s hydrochlorination equipment used for the production of TCS as well as other polysilicon production equipment. The orders will be included in GT Solar’s backlog for its first quarter of FY12, which ended on July 2, 2011.

“We are pleased to add two new customers to our growing family of polysilicon producers,” said Dave Keck, VP and GM of GT Solar’s polysilicon technology business unit. “As polysilicon prices continue to fall, producers must operate their plants at the highest levels of productivity and efficiency to remain profitable. Our polysilicon production equipment and technology enables customers to produce high purity silicon at one of the lowest costs in the industry.”

GT’s polysilicon production equipment includes the industry’s most productive and energy efficient CVD reactors and a full range of technology including hydrochlorination, filament and product processing equipment to provide a complete, low-cost end-to-end production solution.