Ascent Solar is developing a new BIPV product line for use on standing seam metal roofs. Ascent is working with Energy Peak to test and perfect the product; both companies expect production to begin in the first half of this year and that Energy Peak will be able to buy modules and use them in roofing projects by the second half.
In a press release, Farhad Mogadam, CEO of Ascent Solar, commented
“We are … Read the rest
Ascent Solar just announced the release of a new product line called FlexPower TM. The Flexpower line is exciting because it has the best power-to-weight ratio in the industry and has the highest power density of any flexible solar module.
Flexpower comes in 3 flavors: Light, for the Building Integrated Photovoltaic (BIPV) market, Mobile, for charging electronic devices and Extreme for the military and defense. The product line was unveiled at Solar Power International.
In … Read the rest
Ascent Solar just announced that they will be supplying FTL Solar with solar modules to use in its research and development contract with the New York State Energy Research and Development Authority. Under the contract, FTL will work on developing lighter, more flexible solar energy production systems using Ascent’s modules.
In a press release, Ascent Solar President and CEO Farhad Moghadam commented on the news:
“FTL Solar has developed a variety of multi-purpose solar … Read the rest
Ascent Solar just announced that they have achieved a new manufacturing milestone: 14% cell efficiency for the CIGS-on-plastic-substrate cells produced at Ascent’s Fab1 plant in Littleton, Colorado. The 14% efficiency was measured by NREL, and Ascent also says it has been able to achieve 11.7% efficiency in tests of its monolithically integrated CIGS modules from the same plant.
In a company press release, Dr. Farhad Mogahadam, President & CEO for Ascent Solar, commented on … Read the rest
Ascent Solar (ASTI) (down 15% premarket) and Advanced Battery (ABAT) (down 67% premarket) are raising some cash through stock offerings. ASTI announced it intends to commence an underwritten public offering of 4 million shares of its common stock with net proceeds being used for expansion of production capacity and general corporate purposes. The company also announced that its largest shareholder Norsk Hydro has committed to purchasing about $5 million of common stock in a private … Read the rest
It’s been a great 24 hours for Ascent Solar (ASTI). Yesterday, the stock gapped up above the 50 day moving average on news of a supply deal with Goal Zero and is up another 20% this morning on news it has signed a multi year supply deal with TurtleEnergy. ASTI will deliver up to 67MW of high efficiency flexible thin film solar modules over the course of five years and will begin shipping early … Read the rest
Ascent Solar (ASTI) is moving up nearly 10% with good volume today after it announced this morning that it has signed a supply agreement with Goal Zero which will use over 30K ASTI solar modules in custom electronic portable power applications to arrive on the market next year.
Ascent Solar CEO Farhad Moghadam said, “Electronic and portable power applications are a natural end product use of our material. Provo Craft is an excellent customer to … Read the rest
Ascent Solar (ASTI) which develops the flexible, thin film CIGS solar modules, has announced this morning it has reached an important milestone on the path to certification of its product. In internal testing, its flexible packaging solution successfully passed heat testing of 1000 hours at 85% humidity and 85 degrees C which meets the guidelines set forth by IEC 61646 standards for thin film solar modules.
CEO Farhad Moghadam of ASTI said, “This is a … Read the rest
I mentioned the upgrades in the post before. Now for the downgrades. Jefferies is out this morning cutting the entire sector and downgrading several solar companies due to the same concerns we’ve heard for many months… oversupply and lack of demand.
First Solar (FSLR) cut to Hold from Buy
SunPower (SPWRA) cut to Hold from Buy
Suntech Power (STP) cut to Underperform from Hold
Ascent Solar (ASTI) cut to Underperform from Hold
China Sunergy (CSUN) … Read the rest
Ascent Solar just announced that they have manufactured a flexible, lightweight monolithically interconnected CIGS solar module on a polyimide substrate that is 5 meters long. This is the longest monolithically interconnected CIGS module ever manufactured. It was created using equipment that is being tested for use in the 30MW manufacturing facility that Ascent Solar is currently constructing. When tested, it produced 123 watts of power at 9.1% aperture area efficiency.
In a press release, Ascent … Read the rest