GT Solar (SOLR) Rising After It Received Final Acceptance For Its Solar Wafer In Greece

May 27, 2009 10:41 AM EDT

GT Solar (Nasdaq: SOLR) is up almost 4% to $6.68 after it announced that it has received final acceptance for the design, installation and commissioning of the first integrated photovoltaic (PV) solar wafer and cell turnkey fabrication line in Greece.

The state-of-the-art production line, created for Greece-based Solar Cells Hellas S.A., has an annual capacity of 30-megawatts (MW). It delivers a stable production process that produces high-quality multi-crystalline cells of optimum efficiency. With the commissioning of this turnkey solution, Solar Cells Hellas becomes the first PV manufacturer in Greece.

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GT Solar International, Inc. is provider of manufacturing equipment and turnkey manufacturing solutions to the photovoltaic (PV) industry.


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