Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film solar modules, today announced that SW Solarwatt will act as a Distributor of Ascent Solar's lightweight, flexible, high-power thin-film CIGS modules for building integrated (BIPV) applications in Greece and Cyprus.
The agreement with SW Solarwatt establishes Ascent Solar’s presence within the Eastern Mediterranean’s developing solar market and includes direct application of Ascent Solar’s solar modules to building materials for both grid-connected and off-grid solutions.
Ascent Solar President and CEO Farhad Moghadam stated, "We are pleased to announce our agreement with SW Solarwatt. This relationship will enable integration of Ascent Solar’s flexible, lightweight CIGS modules in a variety of applications, from grid-connected rooftop installations to portable power and other off-grid stand alone solutions. We look forward to working with our new partners in the growing Eastern Mediterranean market.”