Ascent Solar

Infobox_Company
company_name = Ascent Solar Technologies, Inc.
company_
company_type = Public (nasdaq|ASTI)
company_slogan =
foundation = 2005
location_city = Littleton, Colorado
location_country = USA
key_people = Mohan S. Misra, Ph. D., Interim CEO
revenue = profit $1 million USD (2007)
net_income = loss$6.5 million USD (2007)
num_employees = 34 (Q2 2008) cite web
url=http://finance.google.com/finance?client=ig&q=ASTI
title=Google Finance: Ascent Solar Technologies
publisher=Google
accessdate=2008-10-08
]
homepage = [http://www.ascentsolar.com/ www.ascentsolar.com]

Ascent Solar Technologies, Inc. is a publicly-traded solar energy company located in Littleton Colorado. Its primary product is a flexible thin film photovoltaic material on a plastic substrate. These thin film solar modules are manufactured using copper-indium-gallium-diselenide (CIGS), which has shown a 19.5% NREL efficiency in real world conditions, slightly above CdTe and significantly above amorphous silicon. Ascent is focusing primarily on space, near-space and terrestrial applications for their solar products. cite web
url=http://ascentsolar.com/x.php?page=16
title=Ascent Solar: Technology About Page
publisher=Ascent Solar Technologies
accessdate=2008-10-08
]

Ascent Solar was founded in 2005 by ITN, a company engaged in commercializing emerging energy technologies through spin-offs and joint ventures.cite web
url=http://www.itnes.com/
title=ITN Energy Systems Main Page
publisher=ITN Energy Systems
accessdate=2008-10-08
] During the first few years of operation, its primary focus was to research the CIGS thin-film technology as well as researching efficient methods for manufacturing. Currently, Ascent is focusing on entering its production phase with the construction of its second-generation roll-to-roll production plant which will begin manufacturing product in 2008. cite web
url=http://ascentsolar.com/ascentsolar.php
title=Ascent Solar: Main Page
publisher=Ascent Solar Technologies
accessdate=2008-10-08
]

On 18 July 2006, Ascent completed its IPO, releasing 3,000,000 shares at $5.50 USD per share.cite web
url=http://www.reuters.com/finance/stocks/keyDevelopments?symbol=ASTI.BE&pn=5
title=Reuters: Ascent Solar Technologies - Key Developments, Page 5
publisher=Reuters
accessdate=2008-10-08
] In June 2007, Norsk Hydro ASA, a Norwegian based supplier of aluminum products, entered into a deal with Ascent whereby it purchased 23% of Ascent shares with the option to increase that stake to up to 35%, which it did on 7 October 2008. Ascent has also entered into research and production deals with Texsa S.A., a Spanish roofing company along with other companies. Ascent has also partnered with the U.S. Air Force on several different research and development contracts. cite web
url=http://www.reuters.com/finance/stocks/keyDevelopments?symbol=ASTI.BE
title=Reuters: Ascent Solar Technologies - Key Developments, Page 1
publisher=Reuters
accessdate=2008-10-08
]

On 22 September 2008, Ascent's then CEO, Matthew Foster, stepped down from his position. His reason for doing so was cited as an agreement between he and the company as the company changed from research-driven to production-driven. He will remain with Ascent as a consultant for an additional year after his retirement date.cite web
url=http://www.forbes.com/feeds/ap/2008/09/22/ap5453005.html
title=Ascent Solar President and CEO Foster Resigns
publisher=Forbes
date=2008-09-22
accessdate=2008-10-08
]

ee also

*Renewable energy companies on the stock exchange
*Photovoltaics
*Solar power in the United States

References

External links

* [http://www.ascentsolar.com/ Ascent Solar]
* [http://www.itnes.com/ ITN Energy Systems]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • solar prominences — Protuberance Pro*tu ber*ance, n. [Cf. F. protub[ e]rance. See {Protuberant}.] That which is protuberant swelled or pushed beyond the surrounding or adjacent surface; a swelling or tumor on the body; a prominence; a bunch or knob; an elevation.… …   The Collaborative International Dictionary of English

  • Solar protuberances — Protuberance Pro*tu ber*ance, n. [Cf. F. protub[ e]rance. See {Protuberant}.] That which is protuberant swelled or pushed beyond the surrounding or adjacent surface; a swelling or tumor on the body; a prominence; a bunch or knob; an elevation.… …   The Collaborative International Dictionary of English

  • Nevada Solar One — is a concentrated solar power plant, with a nominal capacity of 64 MW and maximum capacity of 75 MW spread over an area of 400 Acres. The projected CO2 emissions avoided is equivalent to taking approximately 20,000 cars off the road annually. The …   Wikipedia

  • Community solar farm — A community solar farm or solar garden is a solar power installation that accepts capital from and provides credit for the output and tax benefits to individual and other investors. The power output of the farm is credited to the investors in… …   Wikipedia

  • Copper indium gallium selenide solar cells — Copper indium gallium selenide (CuIn1 xGaxSe2 or CIGS) is a direct bandgap semiconductor useful for the manufacture of solar cells. Because the material strongly absorbs sunlight, a much thinner film is required than of other semiconductor… …   Wikipedia

  • Copper Mountain Solar Facility — Copper Mountain Solar Facility …   Wikipedia

  • Nellis Solar Power Plant — Nellis Solar Power Plant, the second largest photovoltaic power plant in North America …   Wikipedia

  • Martin Next Generation Solar Energy Center — The Martin Next Generation Solar Energy Center is a hybrid 75 megawatt (MW) parabolic trough solar energy plant, built by Florida Power Light Company (FPL). The solar plant is a component of the 3,705 MW Martin County Power Plant, which is… …   Wikipedia

  • Mojave Solar Park — Country United States Location Mojave Desert, California Status Under construction Developer(s) Abengoa Solar …   Wikipedia

  • Crescent Dunes Solar Energy Project — Crescent Dunes Solar Energy Project …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.