• By .(JavaScript must be enabled to view this email address) - 21 March 2011, 20:24
  • In News, Thin Film, CIGS

Ascent Solar inks European distribution deal with Sunload Mobile Solutions

  • Ascent Solar
    Ascent Solar' EIPV modules.

Financials

  • ASTI
    NASDAQ
    0.539
    -0.021 (-3.73%)
    4:00PM EDT

Under a newly sign deal between Ascent Solar Technologies and Sunload Mobile Solutions, Sunload Mobile will be an authorized dealer of Ascent Solar’s thin-film CIGS modules for EIPV applications in Europe. Ascent Solar anticipates the distribution deal to develop further opportunities in the European off-grid battery charging and portable power markets.

This is the third distribution deal that Ascent Solar has signed since February. Ascent Solar and SW Solarwatt signed a distribution deal for BIPV projects in Greece and Cyprus on February 3, which was preceded by a reseller deal that Ascent Solar signed with Polymeur Sun.

Ascent Solar President and CEO Farhad Moghadam stated, "…This relationship establishes a partnership through which we expect to market our lineup of flexible, lightweight CIGS modules for off-grid portable power. The innovative European market represents a significant opportunity for Ascent’s portfolio of products…”

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