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GT Solar Books $200 Million Of Orders

February 26, 2010 (FinancialWire) — GT Solar International, Inc. (NASDAQ: SOLR), a provider of specialized production equipment, process technology and manufacturing services for the solar power industry, said it has signed new contracts totaling more than $200 million for its DSS450 ingot growth furnaces and ancillary equipment and services.

The company said that the new business includes a $137 million follow-on order from a large Chinese customer, as well as orders from Tianwei New Energy Holdings Co, Ltd., Phoenix Photovoltaic Technology Co, Ltd., Yingli Green Energy Holding company Ltd., JA Solar Holding Co, Ltd., Taiwan-based Sino-American Silicon Products, and one other customer.

New Hampshire-based GT Solar booked the orders in its current fourth fiscal quarter and expects that revenue for these orders will be recognized in periods subsequent to the current fiscal year.

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