GT Solar has entered into a contract to supply The Silicon Mine B.V. (TSM), of the Netherlands, with polysilicon reactors and converters worth approximately $91 million. The equipment will be used by TSM in conjunction with its announced plans to launch the first solar grade silicon plant in the Netherlands, expected to open in late 2009.
The contract is for GT Solar’s chemical vapor deposition (CVD) reactors and silicon tetrachloride (STC) hydrogenation conversion units used to manufacture polysilicon. Polysilicon is the primary raw material used in the production of solar panels worldwide.
GT Solar CEO, Thomas Zarrella, said, "This contract represents the first installation of GT Solar’s polysilicon reactors in Europe. This is further confirmation of GT Solar’s key role in providing technology to meet the global demand for solar energy."
About GT Solar Incorporated
GT Solar Incorporated is a subsidiary of GT Solar International, and is a global provider of manufacturing equipment, technology and turnkey manufacturing solutions across the photovoltaic supply chain. Based in Merrimack, New Hampshire, (USA), the company’s products include equipment used to produce multi-crystalline solar wafers, cells and modules. GT Solar also manufactures polysilicon reactors, which allow its customers to produce polysilicon from which solar wafers are made.
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