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Ascent signs supply agreement with ICP Solar for mobile products line
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ICP
Solar’s mobile solar power products line will be manufactured using
Ascent Solar’s high-efficiency CIGS solar technology following the
recent signing of a cooperation agreement between the two companies.
The agreement will see Ascent Solar supply ICP with materials from its
1.5MW production line throughout 2008 and into 2009.
“At ICP Solar our mission is to be at the technology forefront when it comes to solar consumer products and portability,” said Sass Peress, ICP Solar CEO and Chairman. “Ascent’s CIGS thin-film technology is ideally suited for those applications. Placing the Photovoltaic (PV) material and modules on a wide variety of substrate materials allows for manufacturing of extremely lightweight and flexible solar panels, which will expand our new product development opportunities immeasurably. We look forward to a long and mutually beneficial partnership.”
By Síle Mc Mahon
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This agreement seems to be a very beneficial one and interesting to hear that Ascent expands its business by entering into the product line.