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In conjunction with its Annual Shareholder Meeting, Ascent Solar
Technologies said that the company was evaluating whether to bring
forward its planned 110MW production capacity of its thin-film modules.
The firm is currently in development and limited production operations
with its 1.5MW line that is expected to be in full-scale production by
the end of 2008.
“We are trying to implement a systematic and realistic approach to expanding production capacity, including the prospects of possibly accelerating our existing production capacity timeline, which presently contemplates 110MW of aggregate production capacity by 2012,” noted Matthew Foster, President and CEO of Ascent Solar Technologies.
Foster also noted that the company was continuing to weigh up manufacturing opportunities in Europe, Asia and the Middle East.
Ascent Solar is also working on electronic integrated photovoltaic (EIPV) applications, as these require lower levels of certification compared to BIPV products and therefore offer the potential to market products much quicker than the typical six months or more for normal certification.
