Ascent Solar Technologies, Inc. and TurtleEnergy LLC have announced their newly signed definitive Cooperation Agreement. The arrangement will look towards developing new building integrated PV (BIPV) products for the U.S. marketplace with both companies join forces for the development of BIPV roofing materials in particular.
Joseph McCabe, Ascent Solar’s Vice President of Business Development stated, “Ascent Solar is pleased to be working with experienced systems integrators / innovators like TurtleEnergy. We believe TurtleEnergy will be an attractive business partner for photovoltaic product development, with BIPV installation experience in locations that have attractive incentives.”
At the outset, Ascent Solar will supply TurtleEnergy with products from its existing 1.5MW production line for TurtleEnergy to develop, test and certify integrated BIPV products. It will then increase it deliveries of solar modules to TurtleEnergy once the company’s planned expansion of production capacity is complete.