Ascent Solar Becomes First CIGS Flexible Monolithically Integrated Module Manufacturer to Achieve External IEC 61646 Certific...
11 October 2010 - 7:00PM
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 become the first manufacturer of thin-film flexible
monolithically integrated CIGS modules to receive full IEC 61646
certification upon completion of environmental testing. The
environmental testing of Ascent Solar modules for this paramount
milestone was conducted by an independent laboratory under the
requirements of IEC 61646 standards. The Ascent Solar modules
successfully passed the complete battery of tests required
including the rigorous standard of one thousand (1,000) hours of
damp heat testing (85 % relative humidity and 85° C temperature)
set forth by IEC for performance and long term reliability.
Becoming the first high power flexible CIGS module manufacturer
to complete certification now opens the door for an aggressive push
into building integrated photovoltaic (BIPV) and building applied
photovoltaic (BAPV) applications for use in commercial, industrial
and residential rooftop markets. Nanomarkets reports that BIPV
applications are the fastest growing PV segment and is projected to
grow to a $6.6 billion market by 2015.
Dr. Farhad Moghadam, President and CEO of Ascent Solar stated,
"Becoming the first monolithically integrated flexible CIGS module
manufacturer to achieve IEC certification is a major industry
milestone. We are now looking forward to demonstrating our ability
to compete with existing technologies currently being used for
large commercial, industrial and residential rooftop applications
by adding new beta site installations in addition to those
completed with existing and new potential customers that have been
waiting for this development. We feel that we have a significant
advantage when it comes to power to weight ratios and the real
capability our product has to reduce balance of systems costs in
turn reducing overall system installed cost to the end customer.
Our demonstration of the first flexible CIGS package which meets
the IEC testing opens the door to penetration into these large
market opportunities.”
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, commercial transportation, automotive solutions, space
applications, consumer electronics for portable power or configured
as stand-alone modules for large scale terrestrial deployment.
Ascent Solar is headquartered in Thornton, Colo. Additional
information can be found at 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.
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