Spire Corporation (Nasdaq: SPIR), a company providing capital equipment for solar manufacturing, has improved its foothold in India, finalizing a strategic relationship with Hind High Vacuum Company Private Limited (HHV) located in Bangalore.
Spire and HHV plan to cooperate in the Indian PV, working together to offer a portfolio of solar manufacturing equipment and service capabilities.
Spire previously announced its intention to focus on the growing PV market in India. The company has provided manufacturing lines in India for GreenBrilliance and Alpex Exports.
India is one of the world’s largest solar power markets and is among
the fastest growing for manufacturers of both solar cells and modules.
In addition to the large export market, PV demand in India is expected
to grow exponentially in the near future.
HHV (www.hhv.in) is a high vacuum technology company, established in 1965. The company is focused exclusively in the field of vacuum technology, manufacturing a wide range of products from vacuum furnaces and ovens, thin film coatings, vacuum pumps, and special infrastructure contracts involving vacuum technology and turnkey plants for amorphous silicon PV panel manufacturing.
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