Global solar equipment provider GT Solar International has secured a $33m order from South Korea-based polysilicon producer OCI for its sapphire crystallization furnaces.
The order marks OCI’s entrance into the fast-growing LED industry, and is GT Solar’s first commercial sale of its sapphire crystallization furnaces in the Korea LED market.GT Solar CEO Tom Gutierrez said, ‘This is the third order for our sapphire crystallization furnaces in the last two months from leading PV manufacturers that are entering the LED market.
‘We worked closely with OCI several years ago when they launched their polysilicon production operations helping them to become one of the PV industry’s leading producers of polysilicon.’
GT Solar said it has enabled new market entrants in the PV industry to establish productive and profitable.
OCI subsidiary OCI Enterprises, a US-based chemical and energy company, recently bought utility-scale solar plant developer CornerStone Power Development.