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Ascent Solar Technologies, Inc., a development stage company, engages in the commercialization of certain photovoltaic (PV) technology developed by ITN Energy Systems, Inc. (ITN) for extraterrestrial, terrestrial, and near-space applications. Its PV modules use a thin-film copper-indium-gallium-diselenide absorbing layer on a plastic substrate. ITN engages in the development of thin-film, photovoltaic (PV), battery and fuel cell technologies. ITN had invested considerable resources in the research and development of Copper-Indium-Gallium-Diselenide (CIGS) PV technology.
Competition
The company's competitors include Sharp (Japan); Q-cells (Germany); Kyocera (Japan); BP Solar (USA); RWE Schott (Germany); First Solar, Inc. (USA); United Solar Ovonic LLC (USA), a subsidiary of Energy Conversion Devices, Inc.; Global Solar Energy, Inc.; and DayStar Technologies, Inc.
History
Ascent Solar Technologies, Inc. was founded in 2005.
