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February 14, 2008

Solar Producer Tabs Thornton for Major Expansion

Ascent Solar Technologies announced this week that it is moving its headquarters and production facility to Thornton. The move represents a major expansion for the firm to build an $85-million plant near I-25 and 120th Avenue. The workforce will triple in size by the end of the year and, if all goes well, eventually will grow to 300 workers by 2010.

Ascent Solar plans to produce electricity producing thin film photovoltaic (PV) cells. Thin film PV cells are very thin ─ less than the thickness of a human hair or even a paint flake. Consequently, thin films can be deposited on and coat building materials like glass, siding, and roofing. Ascent Solar is utilizing thin-film PV technology that is being developed at the National Renewable Energy Laboratory (NREL), using semiconductor materials that are made up of combinations of copper, indium, selenium, and gallium.

Ascent Solar is riding a wave of investment in PV in Colorado. In September, the company announced a partnership with the Norwegian building materials supplier Norsk Hydro to manufacture building-integrated PV products. Ascent Solar plans to have these products commercially available early next year.

The State of Colorado provided loan assistance to Ascent Solar. Director of the Colorado Office of Economic Development and International Trade Don Elliman said it plans to offer the company new-employee training incentives. "We are convinced Colorado has an opportunity to be a world-class center in the development of this industry," said Elliman.

For details, read an article in the February 11 edition of the Denver Post, written by Andy Vuong and titled "Solar Company on the Rise."
http://www.denverpost.com/search/ci_8224903

 

 
 
 

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