Empresas y finanzas

GT Solar to Equip One of Largest Solar Wafer Factories in World



    GT Solar Incorporated, one of the major providers of manufacturing
    equipment and turnkey manufacturing solutions to the photovoltaic (PV)
    industry, announced today that it has signed a $171 million dollar
    contract with Glory Silicon Energy Co., Ltd., of JiangSu, China for
    GT's new and more efficient DSS450 furnaces for the production of
    multi-crystalline silicon ingots. The contract is the largest single
    DSS furnace contract in GT Solar's history and will include deliveries
    over the next two years. The order will equip what is projected to be
    one of the largest wafer factories in the world - about 1500MW
    annually.

    The DSS450 (Directional Solidification System) furnace is new to
    GT Solar's equipment line. It is similar to the DSS240, but can grow
    larger silicon ingots than GT's DSS240 furnace, with an average ingot
    weight of 400kg (or customized up to 450kg), and can deliver 30% more
    output than GT's DSS240 furnace.

    GT Solar Incorporated President and CEO, Thomas Zarrella, said:
    "Glory Silicon Energy Co. will be a major player in the growth of the
    global solar industry. Glory's order for our DSS450 furnaces over the
    next two years is one more indication of the significant growth of the
    solar industry in China."

    GT Solar Vice President for Asia, Jeff Ford, said: "This is the
    second major order for GT Solar's new DSS450 furnaces that produce
    larger silicon ingots. It's a key part of Glory's plan to jumpstart
    its production."

    Glory Silicon Energy Co., Ltd. President, Wang LuBao, said: "We
    have turned to GT Solar for its DSS450 furnaces because they are the
    most technologically advanced on the market today. We look forward to
    using GT's equipment to produce quality solar wafers for the growing
    solar marketplace worldwide."

    About GT Solar Incorporated

    GT Solar Incorporated, a wholly owed subsidiary of GT Solar
    International, is one of the largest providers of manufacturing
    equipment and turnkey manufacturing solutions across the photovoltaic
    supply chain. Based in Merrimack, NH (USA), the company's products
    include equipment used to produce multi-crystalline solar wafers,
    cells and modules. GT Solar also manufactures polysilicon reactors,
    which allow its customers to produce the polysilicon from which solar
    wafers are made. For more information, go to www.gtsolar.com.

    About Glory Silicon Energy Co., Ltd.

    Glory Silicon Energy (Zhenjiang) Co., Ltd. is a newly established
    company with its production facility in the city of Yangzhong in the
    Chinese province of Jiangsu. It was founded by various investors,
    including the Huantai Corporation. Huantai was one of the first
    Chinese businesses to get into the production of solar wafers.

    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 Glory
    Silicon Energy Co., Ltd. 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.