GT Solar Obtains Follow-On Contract For Polysilicon Reactors

GT Solar Inc. has signed a follow-on contract valued at approximately $200 million to supply DC Chemical Co. Ltd. (DCC) of South Korea with polysilicon reactors. The equipment will be used by DCC to expand its facility in Gunsan, South Korea. The deal represents the largest single order received by GT Solar to date.

The contract is for GT's chemical vapor deposition polysilicon reactor. GT's latest technology reactor incorporates design improvements that increase reliability and boost polysilicon production by more than 30% over the previous design, the company says.

‘This contract is a major validation of our innovation and insight into the evolving needs of the solar power industry,’ says Thomas Zarrella, CEO of GT Solar. ‘By helping to alleviate what has been a global shortage of polysilicon over the past several years, GT Solar has helped foster greater industry growth while diversifying its own product mix.’

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