GT Solar Inc. has entered into a contract to supply Nexolon Co. Ltd. of South Korea with DSS450 furnaces and accessories worth approximately $8.8 million. Deliveries are expected to be made over the next five months.
The DSS450 (Directional Solidification System) model furnace is GT Solar's newest and most technically advanced furnace, the company says. The furnace enables solar panel producers to increase their silicon ingot output by approximately 30% over previous furnace designs.
‘This represents GT Solar's first DSS contract in South Korea, and we look forward to helping our new customer, Nexolon, develop its business and become a key player in the production of multi-crystalline ingots,’ says Tom Zarrella, GT Solar's CEO and president.
SOURCE: GT Solar