Sunday, March 28, 2010

Solar Stocks; Spire (Nasdaq: SPIR), Ships 100th SLP Solar Simulator

Solar Stocks; Spire (Nasdaq: SPIR), Ships 100th SLP Solar Simulator

Spire provides its 100th Spi-Sun Simulator™ 4600 SLP to Saflex®

BEDFORD, Mass.--( renewable enery/green newswire )--Spire Corporation (Nasdaq: SPIR), a global solar company providing turnkey manufacturing lines to manufacture photovoltaic (PV) modules and solar systems, announced today that it has shipped its 100th Spi-Sun Simulator™ 4600 SLP to Saflex Solar Encapsulants (Saflex), a unit of Solutia Inc., located in Springfield, MA.

“Although we have been manufacturing solar simulators for many years, the SLP Series is new to the market”

.The Spi-Sun Simulator PV module testing systems, which have received a “Beyond AAA Classification,” feature light sources that closely match the solar spectrum while avoiding the excessive solar cell heating caused by continuous sources. The Spi-Sun Simulator SLP is uniquely designed to create a very stable uniform single long-pulse (SLP) of light during which the entire I-V measurement is performed. Manufacturers of both crystalline silicon and thin film modules use the simulator.

“Although we have been manufacturing solar simulators for many years, the SLP Series is new to the market,” said Roger G. Little, Chairman and CEO of Spire Corporation. “We just introduced it in the first quarter of 2008, so I am happy the 100th simulator is already being shipped. It is also pleasing that it is now being used by many UL and CE module qualification laboratories throughout the world. Saflex is developing critical material for PV module encapsulation, so they need to have a state-of-the-art tool for their material evaluations.”

“Saflex recently added a PV research center to help foster innovation of solar encapsulants,” comments Francois Koran, Saflex Photovoltaic Development Manager. “Sourcing state-of-the-art equipment, like the Spire Spi-Sun Simulator, is critical to develop break-through product and process solutions.”

About Saflex Solar Encapsulants
Saflex, a unit of Solutia Inc., is the world’s leading manufacturer of PVB sheet and serves the PV sector with innovative encapsulants for solar module production. Solutia is a market-leading performance materials and specialty chemicals company.

About Spire Corporation
Spire Corporation, voted 2009’s Turnkey PV Manufacturing Line Company of the Year, is a global solar company providing capital equipment and turnkey production lines to manufacture PV cells and modules.

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 Form 10-K and other periodic reports filed with the Securities and Exchange Commission.

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