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Spire to Deliver 20MW Solar PV Module Line to Brazil

^{Published on 2011-03-23 08:40:27 - Market Wire}
 

BEDFORD, Mass.--([ BUSINESS WIRE ])--[ Spire Corporation ] (Nasdaq: SPIR), a global solar company providing capital equipment and turn-key manufacturing lines to produce photovoltaic (PV) modules announced today it is providing a 20 megawatt (MW) solar PV module line to Tecnometal Equipamentos (Tecnometal) of San Paulo, Brazil.

"Brazil is quickly expanding its investments in green energy. We are pleased to provide this state-of-the-art production line to Tecnometal to allow them to capture an early market position in solar energy."

aWe worked Mr. Bruno Topel, a solar pioneer of Heliodynamica in San Paulo, many years ago and now we are pleased to be working with him again at Tecnometal,a said Roger G. Little, Chairman and CEO of Spire Corporation. aBrazil is quickly expanding its investments in green energy. We are pleased to provide this state-of-the-art production line to Tecnometal to allow them to capture an early market position in solar energy.a

About The Tecnometal Group

The Tecnometal Group was founded in 1990 and has been prominent in both national and international markets by offering its customers engineering solutions and handling equipment and handling of bulk solids, mineral processing, power generation, lifting and transport, banking automation, parts and components. For more information, visit [ www.tecnometal.com.br ].

About Spire Corporation

[ Spire Corporation ] is a global solar company providing capital equipment and turn-key production lines to manufacture PV modules. To learn more about Spire Corporation, visit [ www.SpireCorp.com ] or email [ PR@SpireCorp.com ].

Certain matters described in this press 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 Form10-K and other periodic reports filed with the Securities and Exchange Commission.