According to 24/7 Wall St, JP Morgan (JPM) is out with several solar ratings changes this morning, most notably an upgrade of Evergreen Solar (ESLR) two notches to Overweight with a doubling of the price target to $5/share. Shares are trading up about 6% in premarket trading. First Solar (FSLR) continues to get hit with cautious analyst comments and downgrades with JP downgrading it this morning from Overweight to Neutral due to a fear … Read the rest
Tag Archives: ASTI
Ascent Solar’s (ASTI) Monolithically Interconnected CIGS Module Is Bigger Than Yours
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
Ascent Solar (ASTI) Chosen For Solar America Initiative
Ascent Solar just announced that it has been selected for the Solar America Initiative pre-incubator program by the US Department of Energy. This is significant news for Ascent because the project award includes a year-long subcontract valued at approximately $315,000. The Solar America Initiative per-incubator program is brought to you by the American Recovery and Reinvestment Act.
From a company press release, here’s more on the project:
"The proposed effort involves using a zinc-magnesium-oxide … Read the rest
Ascent Solar (ASTI) Involved In Hybrid UAV Silent Sentinel
A couple days ago Ascent Solar (ASTI) announced its thin film solar PV modules will be used in the development of a hybrid unmanned aerial vehicle called the Silent Sentinel built by Bye Aerospace. The high efficiency, quiet vehicle will be used primarily for military operations but could be included for civil use as well.
Charlie Johnson, Chief Operating Officer of Bye Aerospace, said the Silent Sentinel is a robust, long-range UAV that will … Read the rest
Bye Aerospace and Ascent Solar Technologies (ASTI) Sign Memorandum of Understanding
Bye Aerospace just signed a memorandum of understanding with Ascent Solar Technologies for the development of thin-film solar technologies that could be used in aviation. Bye Aerospace intends to start testing Ascent’s thin-film PV technologies in aircraft by the end of the year.
In a company press release, Dr. Joseph Armstrong, Chief Technical Officer of Ascent Solar, commented on the announcement, saying
“Applications such as those being developed by Bye Aerospace are able to utilize … Read the rest
Ascent Solar (ASTI) Begins Production From Its Littleton, Colorado Line
Ascent Solar has begun producing monolithically integrated flexible CIGS modules at its Littleton, Colorado production line. This makes Ascent the first solar company to use a plastic substrate to produce fully integrated lightweight thin-film CIGS modules.
In a company press release, members of the leadership team commented on the significance of this achievement:
… Read the restDr. Mohan Misra, CEO of Ascent Solar stated, “This is a remarkable step for the advancement of thin film CIGS on
Ascent Solar (ASTI) Achieves Efficiency Milestone for CIGS Thin Film Solar Panels
Ascent Solar (ASTI) is announcing this morning that it has achieved greater than 9.5% efficiency for its thin film, flexible Copper, Indium, Gallium, Selenide (CIGS) integrated solar modules.
Lawrence Kazmerksi, Executive Director at NREL, said, “This is significant. Many doubted that a thin-film CIGS solar cell-on-plastic technology could be possible. Ascent Solar not only achieved this, but they now have confirmed efficiencies at NREL on fully integrated, monolithic prototype modules near 10%. This appears to … Read the rest
Today’s Analyst Upgrades/Downgrades & Notes On Alternative Energy Stocks: FSLR, WFR, ESLR, ASTI, TSL, AVAV
It’s getting late but wanted to run down the upgrades/downgrades of today as well as a few notes..
Lazard Capital Markets analyst Sanjay Shrestha said this week that although macroeconomic factors continue to depress alternative energy stocks, the future looks bright. “We believe Barack Obama’s election is a long-term positive for the alternative energy group,” Shrestha said. “Until the financial markets show signs of stability, the economy will likely continue to overshadow other policy agenda … Read the rest
Ascent Solar (ASTI) Signs Cooperation Agreement With Turtle Energy
Ascent Solar Technologies has signed a cooperation agreement with TurtleEnergy, LLC. The two companies will join forces to develop new building integrated photovoltaic roofing products. Under the agreement, Ascent Solar will provide Turtle Energy some of its PV modules, with delivery to TurtleEnergy stepping up after Ascent Solar completes its planned expansion. TurtleEnergy will use the product provided to create certified building integrated photovoltaic roofing products to be distributed in the US. According to TurtleEnergy, … Read the rest
Norsk Hydro ASA Ups Stake in Ascent Solar (ASTI)
Norwegian aluminum supplier Norsk Hydro is buying additional shares of stock in Ascent Solar, bringing its stake in Ascent to 35%. The deal is expected to close today, and will bring the total amount that Norsk Hydro has invested in Ascent to $63 million.
According to the Denver Business Journal,
… Read the restNorsk Hydro, working through subsidiary Norsk Hydro Produksjon AS, has exercised its option to buy additional shares of Ascent Solar common stock, an option