Dec 11 2009
BTU International (Nasdaq: BTUI), a leading supplier of advanced thermal processing equipment and processes to the alternative energy and electronics manufacturing markets, today announced it received approximately $5.5 million in orders from Asia/Pacific customers for BTU solar processing equipment.
The majority of the equipment will be used for contact formation in a new high efficiency process for the manufacture of silicon solar cells. The balance of the ordered equipment consists of current-generation metallization systems. Revenue recognition for these orders is expected during the first half of 2010.
“We are very pleased with these wins for our solar business,” said Paul van der Wansem, chairman and CEO of BTU International. “Over the past two years BTU has made significant investments in the development of new solar products, and we are encouraged by these orders.”
BTU offers solar processing equipment for both silicon and thin film photovoltaics. For silicon photovoltaic applications BTU’s systems are used for metallization and in-line diffusion processes. In thin film photovoltaics, BTU’s equipment is used for both the CIGS and the CdTe processes.
Source: http://www.btu.com/