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Meldungen 11.02.2004

11.2.2004: Meldung: Spire Solar Chicago Announces Installation of New Photovoltaic System

Spire Corporation announced today that the Chicago Office of Emergency Management and Communications (OEMC) now has a 10-kilowatt solar electric photovoltaic (PV) backup system in addition to the 38-kilowatt system installed by Spire Solar Chicago in early 2002. A commercial battery system donated by ComEd stores the backup power supply, providing additional energy reliability to this load-critical application. The batteries were previously part of the solar electric system at the 2003 Earth from Above Exelon exhibit at Millennium Park. There, PV was used to provide night lighting for the internationally recognized Yann Arthus-Bertrand"s aerial photography. The new OEMC 10-kilowatt system was funded by a cooperative effort from the City of Chicago Department of Environment, ComEd, and the Illinois State Clean Energy Community Foundation. The OEMC is the City of Chicago"s hub for routing some five million annual 911 emergency calls to thousands of police and fire units, as well as being the primary contact agency for communications with the U.S. Department of Homeland Security. The uninterruptible power supply will feed energy for lighting of the Joint Operations Center (JOC) housed within the OEMC. "It"s the most critical area for city operations during a crisis,"says Rich Enault, OEMC chief operating engineer. The 10-kilowatt photovoltaic system produces enough electricity to power the equivalent of 1-2 homes. It will keep the standby batteries charged, while providing pollution-free, renewable electricity year round. Last year"s August blackout brought a new awareness to the subject of backup power generation. The New York City Council finance office estimated the blackout cost the City up to $750 million in lost revenue - up to $40 million in lost tax revenue and up to $10 million in overtime pay for the first 24 hours (USA Today). The installation of photovoltaic systems, integrated with a backup power source such as in the case of the OEMC, can serve to mitigate such power related economic losses. Furthermore, for safety the City of Chicago Building Code now requires all buildings higher than seven stories to install backup power generation. Spire Solar markets Solar Security(TM) photovoltaic power systems with battery backup. Says Executive Vice President and General Manager of Spire Solar, Steve Hogan, "Today, going without power even for a few minutes can cost millions. Solar backup is clean, quiet and low maintenance. Best of all, it supplies a reliable, sustainable source of power in the event of an emergency." About Spire Corporation Spire Corporation provides products and services to the solar, biomedical and electronics industries worldwide, all based upon a common technology platform. Certain matters described in this news release may be forward-looking statements subject to risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the risk of dependence on market growth, competition and dependence on government agencies and other third parties for funding contract research and services, as well as other factors described in the Company"s Form 10-KSB filed with the Securities and Exchange Commission.

 

Contact:

Spire Corporation Stephen J. Hogan, 781-275-6000 Executive VP &GM, Spire Solar or Mark Burger, 773-638-8700 Sales Manager, Spire Solar Chicago

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