Apr 9 2010
Spire Corporation (Nasdaq: SPIR), a global solar company providing production equipment and turnkey manufacturing lines to manufacture photovoltaic (PV) cells and modules and Engineering, Procurement, and Construction services for solar systems today announced that is has entered into a contract with Solartech Renewables, LLC (Solartech) to provide a turnkey PV module manufacturing line.
“With the federal and state incentives for PV systems now in place, the U.S. market has become the fastest growing in the world. It is projected to be more than two gigawatts by 2011, with as much as a one gigawatt shortfall of U.S. based manufacturing.”
.The Solartech factory will be located in New York State and will create up to 100 jobs. The line will include Spire’s state-of-the-art equipment, process knowledge, training and module certification assistance. Solartech will begin production using Spire’s 60 cell, 220 watt module design.
“Solartech is responding to the need for more U.S. based manufacturing for PV modules,” said Roger Little, Chairman and CEO of Spire Corporation. “With the federal and state incentives for PV systems now in place, the U.S. market has become the fastest growing in the world. It is projected to be more than two gigawatts by 2011, with as much as a one gigawatt shortfall of U.S. based manufacturing.”
“We chose Spire because they are renowned for their technology and unfailing support; our experience with them has been outstanding,” said Todd Roberts, CEO of Solartech. “As an American company, they also have the best ability to understand our needs and support us throughout the launch and ramp up of the factory.”