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.

Must read: Warren Buffett's 25 Favorite Stocks

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

GTAT ChartGTAT data by YCharts

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

More from Markets

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists