GT Solar secures USD 47.3m order from S Korean OCI
(ADPnews) - Dec 10, 2010 - US photovoltaic (PV) equipment provider GT Solar International Inc (NASDAQ:SOLR) on Friday announced it won a USD-47.3-million (EUR 35.7m) contract to supply its SDR400 CVD reactors for South Korean polysilicon maker OCI Co Ltd's capacity expansion project.
The reactors, each of which can produce more than 400 tonnes of polysilicon a year, will be used for the first phase of the expansion plan. The order will be booked in GT Solar's report for its third quarter, ending January 1.
The power per kilogramme of produced polysilicon that the SDR400 consumes is 20% lower than that of GT Solar's SDR300.