News

23 September 2009

 

Ascent Solar signs 67MW multi-year supply agreement with TurtleEnergy

Ascent Solar Technologies Inc of Thornton, CO, USA, a developer of flexible thin-film photovoltaic modules based on copper indium gallium diselenide (CIGS), has signed a multi-year direct supply agreement with PV system integrator TurtleEnergy LLC of Linden, NJ.

“Ascent Solar is well positioned to reduce the cost of PV systems and enable introduction of innovative product solutions to the marketplace with its lightweight, flexible and high efficiency PV modules,” says TurtleEnergy’s founder John Millard. “Under our development agreement with Ascent Solar, we have gained considerable experience working with its product over the past ten months and are now pleased to become a customer as we plan to be the first solar systems integrator to come to market using our leading-edge approach using these materials.” In November, Ascent and TurtleEnergy signed a cooperation agreement focusing on the development of building-integrated photovoltaic (BIPV) roofing materials for the US market.

Ascent Solar expects to deliver up to 67MW of its flexible CIGS photovoltaic modules during the five-year contract. It is scheduled to begin shipping products to TurtleEnergy early next year.

“This order will help establish Ascent Solar in one of the fastest-growing markets in the United States,” says president & CEO Farhad Moghadam. “We are focused on enabling companies like TurtleEnergy to address new market opportunities, add value to existing lines of business, and set a higher performance standard for flexible PV,” he adds.

Search: Ascent Solar CIGS thin-film PV modules

Visit: www.ascentsolar.com

Visit: www.turtleenergy.com