GT Solar International has received the largest order to date for its polysilicon production equipment from South Korean firm OCI. The order, which totals US$228 million, will be incorporated into OCI’s new Phase 4 production facility and is being added to GT Solar’s Q1 FY12 backlog.
“OCI is a long-time valued partner and we are proud that our polysilicon production technology has been selected for their new production facility,” GT Solar president and CEO Tom Gutierrez said. “We continue to drive down the cost of polysilicon production by delivering technology that improves throughput and lowers operating expense.”
Construction work on Phase 4 of OCI’s 20,000-tonne production plant will be completed by Q4 2012, taking the firm’s annual polysilicon production capacity to 62,000 tonnes. Among the equipment used will be GT Solar’s market-leading CVD reactors and hydrochlorination, filament and product processing technology.
The record-breaking sale comes just days after GT Solar took orders worth US$84.3 million from Nantong Zongyi New Material and Inner Mongolia Zhong Huan Solar Material for its DSS multicrystalline growth furnaces.