Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of thin-film photovoltaic modules, announced a cooperative agreement with Giscosa Sociedad Limitada of Spain (Giscosa), a distributor and manufacturer of rubber membranes for roofing, reservoirs, and canals. The two companies will work together to develop building integrated photovoltaic (BIPV) roofing materials based on Giscosa’s existing RubberSun roofing products.
Ascent Solar intends to supply Giscosa with product from its existing 1.5 MW production line for the development, testing and certification of the BIPV products. The parties also envision subsequent demonstration scale projects to validate performance and develop market demand for the BIPV roofing products.
Joseph McCabe, Ascent Solar’s Vice President of Business Development stated, "Ascent Solar is pleased to be working with BIPV innovators like Giscosa, particularly in European markets such as Spain, which we believe currently offer attractive incentives for PV solutions."
About Ascent Solar Technologies, Inc.
Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules and is located in Littleton, Colorado.
About Giscosa Sociedad Limitada of Spain:
Giscosa specializes in the distribution and manufacture of rubber membranes for roofing, reservoirs, and canals.
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