Orders for BTU Solar Processing Equipment Brings $5.5 million to BTU International

BTU International announced that it has received almost $5.5 million through orders for BTU solar processing equipment. These solar processing equipment orders were received from Pacific/Asia customers. BTU International is involved in supplying alternative energy and electronics manufacturing markets with thermal processing equipment and processes.

A major part of ordered equipment will be deployed in a newly developed high efficiency process for contact formation as part of silicon solar cell manufacturing. The rest of the order is for current-generation metallization systems. These orders are expected to receive revenue recognition in the first half of the year 2010.

Solar processing equipment for thin film and silicon photovoltaics are offered by BTU International. BTU’s systems are used for in-line diffusion and metallization processes. Both CIGS and CdTe processes can be used in BTU’s equipment for thin film photovoltaics.

Paul van der Wansem, CEO and Chairman of BTU International, remarked that the company has been encouraged by the orders for BTU solar processing equipment. Wansem further added that for the past two years the company has been investing in the development of new solar products.