GT Solar Receives $40.7 Million ''Turnkey'' Order From Soltech, S.A.



    GT Solar International, Inc., one of the largest providers of
    manufacturing equipment and "turnkey" manufacturing solutions to the
    photovoltaic (PV) industry, announced today its wholly owned
    subsidiary, GT Solar Incorporated, has received a $40,700,000 order
    from Soltech, S.A. in Patras, Greece for a turnkey line of equipment
    capable of making 30MW of solar wafers, cells and modules annually.

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

    GT Solar President and CEO, Thomas Zarrella, said: "This order
    represents GT's first sale of an integrated factory, and underscores
    GT's value as an enabler of companies that are interested in the solar
    (PV) business. GT provides these companies with a turnkey line of
    manufacturing equipment, technologies and solutions across the
    photovoltaic supply chain."

    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. We look forward to this business relationship with GT
    Solar."

    About Soltech, S.A.

    Soltech, S.A. of Patras, Greece 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.

    About GT Solar

    GT Solar International, Inc. is one of the largest providers of
    manufacturing equipment and "turnkey" manufacturing solutions to the
    photovoltaic (PV) industry. Based in Merrimack, NH (USA), the
    company's products include equipment used to produce multicrystalline
    solar wafers, cells and modules. GT Solar also manufactures
    polysilicon reactors and converters which allow its customers to
    produce the polysilicon from which solar wafers are made. For more
    information, go to www.gtsolar.com.

    Forward Looking Statements

    This press release contains forward-looking statements that are
    subject to risks and uncertainties. These statements are indicated by
    words such as "expect," "estimate," or similar expressions. In
    particular, this press release contains forward-looking statements
    about the expected future sales from the contract executed with
    Soltech, S.A. These statements are based upon information available to
    GT Solar's management as of the date hereof. Actual results may differ
    materially from the anticipated results because of certain risks and
    uncertainties, including, but not limited to, the failure by either
    party to fulfill its obligations under such contract. GT Solar
    undertakes no obligation to update or revise forward-looking
    statements to reflect changed assumptions, the occurrence of
    unanticipated events or changes to future operating results over time,
    except as required by law.