Order Focus: Asia-based customers place US$200 million in news orders with GT Solar
Renewed wafer capacity expansion plans at some of the major Asia-based PV manufacturers have led directly to new orders for GT Solar’s ingot growth furnaces. The company noted that it has received new orders worth more than US$200 million for its ‘DSS450’ furnaces and ancillary equipment and services. One China based customer placed a follow-on order worth US$137 million. Other orders came from Tianwei New Energy, Phoenix Photovoltaic Technology, Yingli Green Energy, JA Solar, Sino-American Silicon Products (SAS), and one other unidentified customer.