Ascent Solar Commences Production from Its Littleton Production Line
LITTLETON, Colo.--(BUSINESS WIRE)--Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, announced today that it has successfully begun regular production of monolithically integrated flexible CIGS modules from its production line in Littleton, Colorado.
“Modules produced from this line will accelerate product development with our strategic partners in multiple market segments and pave the way for market seeding opportunities with our more established relationships.”
This milestone makes Ascent Solar the first company to commence production of fully integrated lightweight thin-film CIGS modules using a plastic substrate. The company initially plans to operate the manufacturing line with one shift, progressing to full-scale 1.5 MW rated capacity utilizing three manufacturing shifts per day.
Dr. Mohan Misra, CEO of Ascent Solar stated, “This is a remarkable step for the advancement of thin film CIGS on a flexible substrate and the company has worked very hard to achieve this milestone.”
Bruce Berkoff, Ascent Solar’s Chief Marketing Officer, stated, “Modules produced from this line will accelerate product development with our strategic partners in multiple market segments and pave the way for market seeding opportunities with our more established relationships.”
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment. Ascent Solar is located in Littleton, Colorado.
Forward Looking Statements
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