Spire Corporation (Nasdaq: SPIR), a solar company providing turnkey factories and capital equipment, has received a contract from GreenBrilliance to provide a turnkey photovoltaic module assembly line for that company’s operation in India.
GreenBrilliance, headquartered in Virginia, is a vertically integrated, end-to-end solar energy services provider.
Spire will provide GreenBrilliance with a semi-automated crystalline silicon module manufacturing line capable of producing up to 12 megawatts (MW) of solar modules per year. Spire will supply the process technology and training to operate the factory, as well as offer assistance in qualifying the factory and its modules to international standards and certification. The line is designed to be easily expandable at a later date and will integrate Spire’s key assembly, lamination, and testing machines, along with intermediate tooling stations.
"We are excited to be awarded this turnkey line by GreenBrilliance. The photovoltaics market is both growing and moving rapidly in India and is expected to rise even faster than the world market in the coming years," said Roger G. Little, Chairman and CEO of Spire Corporation. "Spire is focusing and enhancing its efforts in India and is well positioned to cover the expanding needs of its growing customer base there."
Mr. Sanjay Chandra, President and Co-founder of GreenBrilliance, said, "We know how important a rapid entry to the market will be and Spire has the expertise and ability to get us up and running. Their equipment, staff, and knowledge are absolutely the best in the industry and their focus and dedication on the Indian market is clear."
About Spire Corporation
Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture photovoltaic cells and modules worldwide. Spire Semiconductor develops and manufactures custom gallium arsenide solar cells and other related products.
About GreenBrilliance
GreenBrilliance, a global solar energy
company, manufactures top quality solar modules for commercial and
solar farm applications. The company provides turnkey solar solutions
from system design and installation to long-term service and
maintenance. For more information, visit www.greenbrilliance.com.
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