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GT Solar International Inc. has received a $47.3 million order for solar grade polysilicon production equipment, the company said today.
The Merrimack, N.H.-based company said the order for SDR 400 CVD reactors came from South Korea-based polysilicon producer OCI Company Ltd. It is the third order for the reactors from OCI, GT Solar (Nasdaq: SOLR) said.
Earlier this month, GT Solar said it had received more than $84 million in orders for sapphire crystallization systems — its first orders for LED equipment.
In November, the company said it had reached an agreement to pay $203 million to re-purchase company stock from its private equity investors, in order to retire the shares.
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