GT Solar’s order backlog exceeds $1.4 billion

November 7, 2008
Facebook
Twitter
LinkedIn
Reddit
Email

GT Solar’s order backlog in its just posted second quarter financial results topped $292 million, resulting in its total order backlog exceeding $1.4 billion, up from $1.26 billion at the end of the first quarter. GT Solar also shipped more than 200 DSS furnaces to the solar market with many orders shipped ahead of schedule due to customer demand, the company said.

GT Solar noted its sixth agreement for DSS furnaces with Sino American Silicon (SAS), of Taiwan a Taiwan and an agreement with China-based KMYY.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The company also said that it was developing a 400 metric ton polysilicon reactor, which would produce silicon faster with up to a 30 percent reduction in energy usage, significantly reducing polysilicon production costs.

“We remain confident in our future as a leading equipment and technology supplier for the global solar power industry,” remarked Tom Zarrella, President and Chief Executive Officer of GT Solar. “We continue to believe that the photovoltaic industry is making progress in bringing solar power closer to parity with conventional energy sources and GT Solar is playing a critical role in that effort through our technology innovation and field-performance excellence.”

Read Next

October 31, 2025
Australia's solar and energy storage sectors delivered transformative performance during the third quarter of 2025, with grid-scale solar generation reaching 1,699MW average output while battery systems expanded capacity by 2,936MW since Q3 2024.
October 31, 2025
Acen Australia has committed to recycling around one million solar modules from its 400MW Stubbo solar PV power plant in New South Wales.
October 30, 2025
Scatec posted development and construction (D&C) revenues of NOK1,760 million (US$175.1 million) in the third quarter of this year.
October 30, 2025
Global net zero by 2050 is now “impossible” and the world is on course for temperature rises of 2.6°C, according to energy market analyst Wood Mackenzie.
October 30, 2025
US microinverter producer Enphase Energy posted increased revenues, margin and income in Q3 2025, as it doubles down on its US manufacturing operations.
October 30, 2025
Nexamp has secured US$600 million in financing for distributed solar and energy storage projects in the US.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany