Ascent Solar Technologies to supply BIPV laminates to Foxconn’s new Chinese plant

Facebook
Twitter
LinkedIn
Reddit
Email

Ascent Solar Technologies, a developer of flexible thin-film PV modules, has signed an agreement to supply BIPV thin-film laminates to Foxconn. The laminates will be used as part of a pilot installation at Foxconn’s new plant in Zhenzhou City, Henan Province, China. Foxconn is a specialist in the manufacture of electronic devices and produces products such as the iPad and iPhone.

According to Ascent, its BIPV solar laminates are flexible and lightweight, allowing the laminates to be integrated seamlessly into the building structure in ways conventional glass-back PV technology cannot.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Ascent Solar’s president and CEO, Victor Lee, said, “We are honored to be selected by Foxconn to provide our lightweight, durable, flexible thin-film solar modules in this new factory. We plan to demonstrate the value of our technology and we hope to build a long term relationship with Foxconn.”

The supply deal is in line with Ascent’s plans to re-enter the BIPV market with a specific focus on the Asian market. TFG Radiant Investment Group — who became the company’s largest shareholder in April after buying all of the Ascent common stock from shareholder Norsk Hydro Produksjon AS for approximately US$0.50 per share — has a particularly large presence in Asia.

This year has been especially positive for Ascent. On announcement of this news, Bloomberg stated that Ascent’s shares increased by 6.1% to US$1.22 at the close of the day in New York. Furthermore, Reuters revealed that the company’s shares have more than doubled this year as shares surged in June when Ascent announced the launch of a solar-powered charger for the iPhone.

Read Next

July 7, 2025
The board of REC Silicon is running out of time on a buyout offer by Korean conglomerate Hanwha previously dismissed as "lowball".
Premium
July 7, 2025
Collecting project performance data and managing cybersecurity concerns is no simple task for many project managers.
July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
July 7, 2025
Chinese energy giant China Petroleum and Chemical Corporation, also known as Sinopec, has commenced operations at a 7.5MW offshore floating PV plant in China.
July 7, 2025
GameChange Solar has announced plans to supply trackers for the 1GW second phase of the Abydos project in Egypt.
July 7, 2025
Private equity firm Ardian has completed the acquisition of French independent power producer Akuo, a transaction unveiled in March 2025.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK