Ascent Solar Awarded Contract for High-Rate Process Development
Littleton, CO, August 24, 2007
Source: Ascent Solar Technologies, Inc, press release
http://www.ascentsolar.com/view.php?tg=press&id=38
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state-of-the-art, thin-film photovoltaic modules, announced today that it has been awarded a $165,000 contract by a U.S. Department of Energy National Laboratory, to develop advanced materials and processing tools that could potentially lead to higher manufacturing speeds, and thus, greater throughput and lower manufacturing costs, for Ascent Solar’s thin-film copper-indium-gallium-diselenide (CIGS) photovoltaic material.
Ascent Solar Chief Technical Officer, Dr. Joseph Armstrong, stated, “The early stage experimental research and development work performed under this grant is aimed ultimately at reducing manufacturing costs. We will be investigating a novel new approach to increasing the production throughput in the CIGS process. We are continuously exploring new materials and processes, and we are hopeful that these new methods will directly benefit our manufacturing operations in the years ahead.”
About Ascent Solar Technologies:
Ascent Solar Technologies, Inc. is a developer of state-of-the-art, thin-film photovoltaic materials and modules and is located in Littleton, Colorado. Please visit our website for additional information at www.ascentsolar.com.