Ascent Solar Technologies,
Inc., a developer of state of the art flexible thin-film photovoltaic modules,
today announced the signing of a definitive Cooperation Agreement with Texsa
S.A. of Spain. The agreement focuses on the development of new photovoltaic
roofing products intended for the European marketplace.
The parties have agreed to collaborate in the development of building integrated
photovoltaic (BIPV) roofing materials based on Texsa’s existing product
lines of protective roofing and thermal insulating boards for inverted-system
flat or pitched roofs. Ascent Solar initially intends to supply Texsa with product
from its existing 1.5 MW production line for Texsa to develop, test and certify
integrated BIPV products, and then intends to increase deliveries of solar modules
to Texsa after Ascent Solar’s planned expansion of production capacity.
Subsequent demonstration scale projects are envisioned to validate the system
level performance and to develop market demand for the jointly developed BIPV
roofing products.
Joseph McCabe, Ascent Solar’s Vice President of Business Development
stated, “Ascent Solar is pleased to be working with roofing innovators
like Texsa. We believe Spain offers an attractive business environment for photovoltaic
roofing, including a high level of incentives for distributed generation BIPV
solutions.”
Josep M Sala, Texsa’s Director General stated, “We are fully convinced
that the combination of expertise between Ascent Solar and Texsa will provide
the best energy generating photovoltaic roofing solution for commercial success
in the Iberia, France and Italian markets.”
Posted September 24th, 2008
