Greek Soltech’s turkey photovoltaic order

GT Solar International Inc said its GT Solar Inc unit received a $40.7 million order from Patras, Greece-based Soltech SA for a turnkey line of equipment capable of making 30 megawatts of solar wafers, cells and modules annually.

GT Solar International, Inc.’s wholly owned subsidiary, GT Solar Inc., has received a $40,700,000 order from Soltech, S.A. in Patras, Greece, for a turnkey line of equipment capable of making 30 megawatts (MW) of solar wafers, cells and modules annually.

The equipment includes GT Solar’s new DSS450 furnace, which produces 400 kilograms (kg) to 450 kg silicon ingots, and Atlas tabber/stringers, which arrange rows of solar cells for placement in solar modules.

“This order represents GT’s first sale of an integrated factory,” said GT Solar President and CEO, Thomas Zarrella, “and underscores GT’s value as an enabler of companies that are interested in the solar (PV) business.”

Soltech, S.A. President, Dimitrios Panagakos, said, “We are purchasing a technologically advanced line of equipment and technology that will make us competitive in the fast-growing photovoltaic marketplace.” Soltech, S.A. will become a fully integrated solar PV player in the Southern European market.

Soltech, S.A. of Patras, is positioned to be Greece’s leading supplier of solar wafers, cells and modules. It will be distinctly positioned as the first fully integrated solar PV player in the Southern European market. Soltech, S.A.’s unique production platform translates into concrete advantages for its customers, including higher efficiency, faster service and a broader range of deliverable solutions.

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