Nasdaq listed Spire Corporation is the world’s leading supplier of the manufacturing equipment and technology needed to manufacture solar photovoltaic power.

Just two days ago, they announced an order for four SPI-SUN SIMULATOR(TM) 350i photovoltaic module testers from First Solar, LLC of Perrysburg, Ohio. This promptly sent the stock to a new high of USD 13.37 on 20th July from opening below 7 just two days earlier.

Solar electric power is a very diverse market. Spire is at the start of the supply chain where there is arguably much less competition and higher profits compared to say retail suppliers and installers of solar module systems. Another listed company high up in the supply chain is Tokuyama, a major supplier of polycrystalline silicon feedstock.

Silicon prices have risen hugely over the last few years and to be engaged at the start of the silicon supply chain, looks like the right place to be.