Spire PV Module Assembly Line to Go to Ethiopia

The Ethiopian Government has announced its goal to have 20% of its power capacity coming from solar energy within the next five (5) years.

BEDFORD, Mass.--Spire Corporation (Nasdaq: SPIR), a global company providing solar photovoltaic equipment and systems announced today that it will provide a 20 megawatt ("MW") Photovoltaic ("PV") module turnkey assembly line to the collaboration of SKY Energy International, Inc. ("SKY") located in Florida and Metals and Engineering Corporation ("METEC") located in Ethiopia.


The module assembly line will be established in Addis Ababa, Ethiopia. The facility will be the first state-of-the-art module manufacturing line in Ethiopia. The Ethiopian Government has announced its goal to have 20% of its power capacity coming from solar energy within the next five (5) years.

"We are pleased to support SKY and METEC to bring solar to Ethiopia. Ethiopia is a nation where 80% of the population presently does not have access to electricity," said Roger G. Little, Chairman and CEO of Spire Corporation. "Solar energy can deliver clean electricity to remote areas of Ethiopia thus improving the quality of life and ability to further their agricultural pursuits."

About Spire Corporation

Spire Corporation is a diversified company serving the solar energy, biomedical and defense industries worldwide with innovative products and services based upon a common technology platform. For further details on the Company and its products, please visit www.spirecorp.com.

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