BTU International has received US$5.5 million from Asia/Pacific customers for its solar processing equipment.
Most of the equipment will be used for contact formation in a new process for the manufacture of silicon solar cells. The ordered systems are mostly made up of current-generation metallization equipment, with revenue recognition for the orders expected through the first half of 2010.
Chairman and CEO of BTU International, Paul van der Wansem, announced, “We are very pleased with these wins for our solar business. Over the past two years BTU has made significant investments in the development of new solar products, and we are encouraged by these orders.”
BTU International supplies advanced thermal processing equipment and makes solar processing equipment for thin film and silicon photovoltaics.
BTU operates from Massachusetts, USA, and Shanghai, China with direct sales and service within the U.S., Europe and Asia.