Ascent Solar Commences Initial Production from Its FAB 2 Production Plant
May 12 2010 - 6:00AM
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 initial production of monolithically
integrated flexible CIGS modules from its high volume FAB 2
production plant in Thornton, Colorado.
Farhad Moghadam President and CEO of Ascent Solar stated,
“Ascent Solar is the first company to commence regular production
of monolithically integrated lightweight thin-film CIGS modules
using a plastic substrate. This milestone marks the initiation of
our regular production capability and our factory ramp up based on
market demand. Initial production from FAB 2 is producing 10.5%
efficient modules with peak module aperture efficiency as high as
11.9%, which gives Ascent a very competitive product across our
target market opportunities.”
Simultaneous with today’s announcement the company issued a
video virtual tour of its FAB 2 production plant. Please visit
www.ascentsolar.com to take the tour.
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 headquartered in Thornton,
Colorado. For more information, go to www.AscentSolar.com.
Forward Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute "forward-looking statements."
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the
Company's actual operating results to be materially different from
any historical results or from any future results expressed or
implied by such forward-looking statements. In addition to
statements that explicitly describe these risks and uncertainties,
readers are urged to consider statements that contain terms such as
"believes," "belief," "expects," "expect," "intends," "intend,"
"anticipate," "anticipates," "plans," "plan," to be uncertain and
forward-looking. The forward-looking statements contained herein
are also subject generally to other risks and uncertainties that
are described from time to time in the Company's filings with the
Securities and Exchange Commission.
Ascent Solar Technologies - Warrants Class B 7/11/2011 (MM) (NASDAQ:ASTIZ)
Historical Stock Chart
From Apr 2024 to May 2024
Ascent Solar Technologies - Warrants Class B 7/11/2011 (MM) (NASDAQ:ASTIZ)
Historical Stock Chart
From May 2023 to May 2024
