Ascent Solar Begins Regular Production of Thin FIlm Modules

Ascent Solar (Nasdaq: ASTI) a developer of flexible thin-film solar
modules, announced it has begun regular production on its line in
Littleton, Colorado.

This milestone makes Ascent Solar the first company to commence
production of fully integrated lightweight thin-film CIGS modules using
a plastic substrate, the company said.

Ascent Solar initially plans to operate the manufacturing line with one
shift, progressing to full-scale 1.5-megawatt (MW) capacity utilizing
three manufacturing shifts per day.

"This is a remarkable step for the advancement of thin film CIGS
on a flexible substrate and the company has worked very hard to achieve
this milestone," Dr. Mohan Misra, CEO of Ascent Solar said.

Bruce Berkoff, Ascent Solar’s chief marketing officer, said, "Modules
produced from this line will accelerate product development with our
strategic partners in multiple market segments."

Over the last year, Ascent Solar has partnered with European
companies for the development and distribution of new building
integrated photovoltaic (BIPV) roofing products. These companies
include Texsa S.A. of Spain, Icopal SAS of France, and Giscosa Sociedad Limitada of Spain.

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