Spire Establishes Subsidiary In India

Spire Corp. has established Spire Solar India LLC, a wholly owned subsidiary. This Delaware limited liability company was formed to take advantage of the growing market for the company and its distribution of products in India, according to Spire.

Spire Solar India will locate its representative office in New Delhi and aid in sales, provide customer communications, provide after-service capabilities and serve as a regional headquarters for equipment service operations.

‘India is expected to be among the fastest-growing markets for PV demand and has recently introduced the Solar Power Policy – 2009, which promotes generalization of green and clean power through solar energy and promotion of local manufacturing facilities,’ notes Roger G. Little, chairman and CEO. ‘There is a sizable amount of uncultivated land that is ideal for massive production of solar energy.’

SOURCE: Spire Corp.


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