Ascent Solar Launches New Thin Film Solar Product $ASTI – September 7, 2010
Ascent Solar (ASTI) has announced the launch of its new line of high-powered, thin-film CIGS solar modules today. The WaveSol modules are the highest power 5-meter flexible thin-film modules available today and are aimed at the commercial solar rooftop market. The company plans to showcase the product in October during the Solar Power International conference in Los Angeles.
ASTI CEO Farhad Moghadam commented: “We are proud of our heritage and unwavering dedication to flexible CIGS solar module manufacturing. We intend to maintain our leading position as the pre-eminent manufacturer of flexible, lightweight CIGS modules for BIPV/BAPVsolutions by translating advances in production into world-leading modules that will enable the proliferation of solar while making it a cost-effective solution. We look forward to showcasing this module to the world during the Solar Power International convention next month, as well as planning several beta site installations with existing customers.”
Shares of ASTI are flat today and going nowhere fast as it’s been stuck in a downtrend for many months now. Perhaps it’s due for a bounce soon, but I wouldn’t touch this company for some time.