BEDFORD, Mass.--Oct
14 2008 --Spire Corporation (Nasdaq: SPIR), a
global solar company providing turnkey solar factories
and capital equipment to manufacture photovoltaic
modules and cells worldwide, today announced that Spire
has won a contract to provide certain elements of the
Spi-Line™ 25TF turnkey factory to produce 25 megawatts
(MW) of amorphous thin film modules to XsunX in
Portland, Oregon. This will be XsunX’s first factory in
full production of their unique thin film technology.
Spire’s turnkey line is
comprehensive and includes all of the process tools and
services to create finished modules from the output of
the deposition system. Substrates require testing for
deposition feedback, specialized busing to connect the
amorphous silicon cells in addition to the traditional
lamination, framing, and final simulation. In addition
to the process systems, Spire will provide in-depth
training and knowledge transfer to ensure XsunX will
achieve full output quickly.
The Spi-Line 25TF is capable
of producing modules from any of the most popular thin
film technologies. Systems are in use at most major and
emerging companies utilizing cadmium telluride (CdTe),
copper indium gallium selenide (CIGS), and amorphous
silicon (a-Si). The Spi-Line can be tailored to fit the
specifics of each customer’s process as well as
scaleable, to increase capacity beyond 25MW once the
line is fully qualified and meeting production goals.
“We are excited to win the
business at XsunX. Spire has a robust and growing
business in thin film, working with all technologies,”
said, Roger Little, Chairman and Chief Executive Officer
of Spire Corporation. “Spire’s experience in solar cell
production is significant and enhanced by our work in
cell design. We have teams of experts focused in the key
areas of process, design, and facilities, and these
teams are further backed up by Spire Semiconductor, LLC,
our semiconductor division, operating a gallium arsenide
foundry.”
Joseph Grimes, Chief
Operating Officer of XsunX said, “We are delighted to be
working with Spire Corporation, whose products can be
found in numerous solar module assembly plants
throughout the world. The agreement we have entered into
with Spire Corporation for certain aspects of our system
is the culmination of a working relationship we have
developed over the past year in which we have recognized
their experience, technology and process knowledge.”
About XsunX
Based in Aliso Viejo,
California, XsunX, Inc. (XSNX.OB) is a thin-film
photovoltaic (TFPV) company. XsunX is executing a phased
plan to build and install 100MW of a-Si thin film solar
module manufacturing capacity. The Company is working to
complete the installation of its base production
infrastructure in Portland, Oregon, USA in 2008, and
then grow capacities to 25MW by early 2009, and to 100MW
by early 2010.
About Spire Corporation
Spire Corporation is a
global solar company providing turnkey production lines
and capital equipment to manufacture photovoltaic
modules worldwide. Spire Semiconductor develops and
manufactures custom gallium arsenide solar cells and
other related products. For corporate or product
information, contact Spire Corporation, “The Turnkey
Solar Factory Company,” at 781-275-6000, or visit
www.spirecorp.com.
Certain matters described in
this news 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 Form
10-K and other periodic reports filed with the
Securities and Exchange Commission.
Contacts
Spire Corporation
Roger Little, 781-275-6000
Chairman & CEO
