Spire Corp (SPIR) announced that it has entered into a contract to provide Hyundai Heavy Industries Co., Ltd. (HHI), of Ulsan, Korea, a multi-megawatt turnkey photovoltaic (PV) module assembly line. The line is scheduled to be delivered during the Spring of 2005.

Spire's advanced PV module manufacturing equipment and process technology will enable HHI to manufacture state-of-the-art PV modules from solar cells to address the growing Korean and Asian solar PV market. [ more ]