Monday, March 22, 2010

Ascent Solar Links With Indian Conglomerate

Thornton, Colorado-based Ascent Solar Technoologies, a developer of flexible thin-film solar modules, announced this morning that it is in a strategic agreement with Indian conglomerate Kirloskar Integrated Technologies Limited. According to Ascent, the two companies will integrate, market, and distribute Ascent Solar's CIGS photovoltaic modules into products in India. Financial details of the relationship were not disclosed. The companies said they are targeting defense, consumer portable power, off grid rural power solutions and hybrid solar and diesel generation back up power systems markets in the effort.