GT Solar Signs $46.8 Million Contract With Top Green Energy Technologies

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GT Solar Inc. has signed its first contract with Top Green Energy Technologies Inc., a Taiwan-based producer of solar cells. The agreement, valued at $46.8 million, is GT Solar's most comprehensive polysilicon production equipment and services agreement to-date, and the company's first sale of its products to a customer based in Taiwan.

The solutions being provided to Top Green Energy Technologies include CVD reactors, STC converters and an integrated support module, which is a new product offering for GT Solar. This integrated support module includes instrumentation, piping and controls for all gases and water entering and exiting the reactors.

GT Solar is expected to begin delivering equipment to Top Green Energy Technologies in the second half of 2009.

Source: GT Solar

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