Spire Corp to provide integrator services for PV systems to UNICOR
(ADPnews) - Oct 25, 2010 - US photovoltaic (PV) power solutions maker Spire Corp (NASDAQ:SPIR) today said it will provide integrator services for PV systems to federal customers of state-owned Federal Prisons Industries, or UNICOR.
The two parties signed a five-year contract, with five renewal options of one year each whose total value cannot exceed USD 75 million (EUR 53m).
Spire has an existing systems teaming agreement with UNICOR. The company has already provided UNICOR with a PV module production line for its prison system in Otisville, New York. Another production line will be set up at the correctional facility in Sheridan, Oregon, Spire's chairman and CEO Roger G. Little said.