The new turnkey manufacturing line includes all the equipment needed to produce silicon solar cells with an annual output of 25 megawatts. This cell production line complements the Company's integrated manufacturing systems for producing solar photovoltaic modules and silicon wafers. Silicon wafers are a key component used in the manufacture of solar cells, which in turn, are a key component of solar modules. By offering balanced production lines for each step in the total manufacturing process, Spire's customers can integrate production capabilities onto the front-end or back-end of an existing manufacturing line.
Roger G. Little, Chairman and CEO of Spire Corporation, said, "Every Spire production line is developed using our expertise in solar manufacture and design. Our integrated manufacturing system not only includes equipment with imbedded processes, but also comprehensive training, process technology, automation and support."
ABOUT SPIRE CORPORATION
Spire Corporation is a worldwide leader in developing and providing innovative solar energy manufacturing equipment. Spire is the world's only equipment and technology supplier that manufactures all the equipment in-house for an entire module production line. Spire offers full, turnkey solutions for wafer, cell and module manufacturing equipment. For more information visit www.spirecorp.com.
Certain matters described in this news release may be forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk of dependence on market growth, competition and dependence on government agencies and other third parties for funding contract research and services, as well as other factors described in the Company's Form 10-KSB filed with the Securities and Exchange Commission.
Spire Corporation Stephen J. Hogan, 781-275-6000 GM & Executive VP, Spire Solar