Why GT Advanced Technologies (GTAT) Stock Is Up Today

NEW YORK (TheStreet) -- GT Advanced Technologies (GTAT) was gaining 3.6% to $16.05 Monday after detailing the progress of its Merlin solar module metallization and interconnect technology.

The company said that Merlin has met several PV industry certification standards, including IEC 61215, IEC 61730-1, IEC 61730-2, and UL1703. Independent certification tester Renewable Energy Test Center performed the certification testing for the technology.

GT Advanced is currently in “active discussions with select lead customers” concerning Merlin, and is currently looking for a commercial launch in early 2015.

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GTAT ChartGTAT data by YCharts

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