Wednesday, April 9, 2008

Spire gets a helpful Contract out of China.

Spire Gets Contract for Combined Solar Module and Cell Line in China

The company said the order includes a 25-megawatt (MW) module factory and an adjacent 25MW solar cell factory designed to produce high efficiency multi-crystalline cells.

Jiangxi Gemei Sci-Tech expects that its vertically integrated solar facility will form the cornerstone of a new science and technology-manufacturing center in Jiangxi, a southern province in China.

I always liked their idea of selling turnkey facilities for manufacturing of Solar equipment. I figured that in a time when Solar Capacity had to be run up very quickly, that was a good business plan. Well, they seem to be having some success.

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