GT Solar secures USD 23.8m orders from Trina Solar
(ADPnews) - Dec 22, 2010 - US photovoltaic (PV) equipment provider GT Solar International Inc (NASDAQ:SOLR) said today it received two orders for crystalline ingot growth systems worth USD 23.8 million (EUR 18m) from Chinese PV products maker Trina Solar Ltd (NYSE:TSL).
The deal will be included in the company's order backlog for its third quarter to January 1, 2011.
The DSS450HP systems will support Trina Solar's plan to expand its production capacity. GT Solar has sold more than 2,000 crystalline ingot growth units mainly to customers in Asia since it first rolled out its DSS240 series in 2003.