Spire Corporation (Nasdaq: SPIR) announced that it has received a multi-million dollar contract from the Russian company Ryazan Metal Ceramics Instrumentation Plant Joint Stock Company (RMCIP JSC) to provide a turnkey 12-megawatt (MW) photovoltaic (PV) module manufacturing line.
The line will be designed to facilitate future expansion. Ryazan presently produces approximately one megawatt of mono-crystalline solar cells and modules using some of Spire’s equipment. After integrating the Spire module line into the factory, Ryazan will become the largest module manufacturer in Russia.
About Ryazan Metal Ceramics
Ryazan Metal Ceramics Instrumentation Plant JSC is a Russian company in the electronics industry. The company’s plant is situated in the Central European part of the Russian Federation 200 km from Moscow. The main business fields of the company are development and production of reed switches, development and production sensors on the reed switches, and development and production of solar energy components and systems. For more detailed information, visit www.rmcip.ru.
About Spire Corporation
Spire Corporation provides equipment and turnkey manufacturing lines for producing solar photovoltaic modules worldwide.
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