PV equipment supplier Spire Corporation said that it had completed the installation of a turn-key module assembly line for an unidentified customer in Eastern Europe.
The company said that it was the first of its kind in the region, and would be used to produce modules for large utility-scale installations within the local regional market.
Spire is also providing on-going technical support for the training and the production ramp up of the line, which is expected to begin in 2014.
Roger G. Little, Chairman & CEO of Spire said, “There is a great deal of demand for solar in this region and Spire is pleased to be working with a local partner on their entry into the solar market. We expect this region to continue growing and anticipate that this is the first of many regional opportunities for Spire, which addresses the desires for local manufacturing and content requirements.”
The company did not provide further details surrounding the module plant. However, the project should provide a boost to its earnings over the next few quarters, after two-years of diminishing revenue that has forced the company to restructure and sell subsidiary companies.
This article requires Premium SubscriptionBasic (FREE) Subscription
Unlock unlimited access for 12 whole months of distinctive global analysis
Photovoltaics International is now included.
Not ready to commit yet?
Already a subscriber? Sign In
- Regular insight and analysis of the industry’s biggest developments
- In-depth interviews with the industry’s leading figures
- Unlimited digital access to the PV Tech Power journal catalogue
- Unlimited digital access to the Photovoltaics International journal catalogue
- Access to more than 1,000 technical papers
- Discounts on Solar Media’s portfolio of events, in-person and virtual
