GT Solar Signs >$40M in New Contracts With GCL-Poly
Hong Kong-based solar firm GCL-Poly purchased TCS and DSS product and technical knowledge from GT Solar to help get its new ingot and wafer production facility operating this year.
Staff -- PV Society, 1/19/2010
GT Solar International Inc. (Merrimack, N.H.), a global provider of specialized production equipment, process technology and turnkey manufacturing services for the solar power industry, announced that it has signed contracts in excess of $40M with two wholly owned subsidiaries of GCL-Poly Energy Holdings Ltd. (Hong Kong). GT Solar's agreement with GCL-Poly's Jiangsu Zhongneng Polysilicon Technology Development Co. subsidiary involves its trichlorosilane (TCS) production technologies. The second, with Jiangsu GCL Silicon Material Technology Development Co., is for GT Solar's direction solidification system (DSS) and ancilliary equipment.
GT Solar's TCS Production Solution includes all of the technology and basic engineering services required to produce TCS, one of the primary raw materials used to manufacture polysilicon. GT Solar's DSS furnaces are used to melt polysilicon and grow multicrystalline ingots, which are used to produce solar wafers and, ultimately, solar cells.
"GCL-Poly is committed to providing high-quality and cost-competitive solar raw materials by adopting the best-in-class technologies and equipment," said Zhu Gong Shan, executive director, chairman and CEO of GCL-Poly. "We chose to purchase the TCS production solution and DSS units from GT Solar because of their proven expertise in both polysilicon production and ingot crystallization."
The companies anticipate the partnership will help GCL-Poly get its new ingot and wafer production facility operating this year.
