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July 2, 2008
Purchase of Equipment from Spire for New Module Line

ET Solar Group Corp. (¡°ET Solar¡±), a Nanjing-based vertically integrated manufacturer of photovoltaic products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems with manufacturing facilities located in Taizhou, China, announced today that it received a delivery of advanced solar module production equipment from Spire Corporation, a global solar company providing turnkey solar factories and capital equipment to manufacture photovoltaic cells and modules worldwide.

 

Mr. Xinghua Wang, CEO and Chairman of ET Solar, said: "We are very pleased to upgrade our capacity using Spire equipment. Their technology and value lead the world and this equipment will help propel ET Solar to greater output and quality targets."

 

Mr. Roger Little, CEO and Chairman of Spire Corporation, said: "We are proud to be selected by ET Solar as their module manufacturing equipment provider. Once again Spire demonstrates that it is the preferred contractor for providing state-of-the-art module manufacturing equipment and lines. This delivery marks our fifth major win in China during the past few months."

 

About Spire Corporation

Spire Corporation is a global solar company providing turnkey production lines and capital equipment to manufacture photovoltaic cells and modules worldwide. Spire Semiconductor provides processing technology for Spire's silicon solar cell manufacturing lines and produces and sells custom gallium arsenide cells for solar concentrator systems.

 

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