Spire Solar establishes Spire Solar India

August 11, 2009--Spire Corporation (Bedford, MA), a solar company providing capital equipment to manufacture photovoltaic (PV) modules, turnkey manufacturing lines, and solar PV systems, announced the expansion of its international presence by establishing a wholly owned subsidiary, Spire Solar India, LLC (Spire Solar India), a Delaware limited liability company formed to take advantage of the growing market for the Company and its distribution of products in India.

Aug 11th, 2009

August 11, 2009--Spire Corporation (Bedford, MA), a solar company providing capital equipment to manufacture photovoltaic (PV) modules, turnkey manufacturing lines, and solar PV systems, announced the expansion of its international presence by establishing a wholly owned subsidiary, Spire Solar India, LLC (Spire Solar India), a Delaware limited liability company formed to take advantage of the growing market for the Company and its distribution of products in India (see "Semicon sinks; Intersolar soars").

Spire Solar India will locate its representative office in New Delhi and aid in sales, provide rapid customer communications and provide improved after-service capabilities, and serve as a regional headquarters for equipment service operations.

Roger G. Little, chairman and CEO, said, "India has been taking great strides to become a major competitor in the world PV market and Spire Solar intends on promoting this. With about 80% of India's year consisting of clear, sunny days, the solar energy equivalent is greater than the country's total energy consumption."

Little also said, "India is expected to be among the fastest growing markets for PV demand and has recently introduced the Solar Power Policy – 2009, which promotes generalization of green and clean power through solar energy and promotion of local manufacturing facilities." Little continued, "There is a sizable amount of uncultivated land which is ideal for massive production of solar energy. With Spire Solar's market penetration, India gains an efficient way to boost its country's economy, and with that, the world's."

Spire Semiconductor provides processing technology for Spire's silicon solar cell lines and produces gallium arsenide cells for solar concentrator systems.

For more information, go to www.spirecorp.com.

--Posted by Gail Overton, gailo@pennwell.com; www.laserfocusworld.com.

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