Korean firm buys solar equipment
Korean firm buys solar equipment
2008-09-03Newsfeed
US solar-power specialist GT Solar has signed a $173 million (£97 million) contract to supply Korean firm DC Chemical with state-of-the-art polysilicon CVD reactors.
US solar-power specialist GT Solar has signed a $173 million (£97 million) contract to supply Korean firm DC Chemical with state-of-the-art polysilicon CVD reactors.
The reactors are needed to manufacture polysilicon advanced materials, and this is the third contract between the two companies since 2006.
Polysilicon is a highly purified form of silicon that is used to make semiconductor and solar wafers. The chemical vapour deposition process takes place in a specialised CVD reactor using a variety of complex chemical processes.
GT Solar boss Tom Zarrella said: "Higher global energy prices, increased environmental awareness and the desire for energy security are accelerating the adoption of solar power.
"In addition, governments around the world have implemented various tariffs, tax credits and other incentives designed to encourage the use of solar power.
DC Chemical has constructed its first polysilicon plant, has begun manufacturing polysilicon, and recently announced a large-scale expansion."
GT Solar is a global provider of specialised manufacturing equipment and services essential for the production of photovoltaic wafers, cells and modules, and polysilicon.
Its principal products are directional solidification systems, chemical vapour deposition reactors and related equipment.
Copyright © The Press Association 2008
