The company estimates that, at full capacity, its Bedford, Massachusetts, headquarters facility can produce solar capital equipment valued at approximately $200 million in annual revenues.
Spire stated that, based upon currently contracted backlog and anticipated delivery schedules for equipment, the company projects total revenues for 2008 to be approximately $80 million, primarily generated from the sale of solar capital equipment and turnkey solar factories.
Roger Little, Spire’s chairman and CEO, said: We’re in the midst of a historic expansion of capacity in the solar field, with manufacturers around the globe scrambling to bring factories on line to take advantage of the coming availability of silicon solar feedstocks.