Ascent Solar Technologies Inc. (NASDAQ: ASTI), a developer of flexible thin-film photovoltaic modules, said it will be providing modules to FTL Solar for their research and development contract with the New York State Energy Research and Development Authority (NYSERDA).
The parties will work on the development of light weight flexible structures that include energy production from solar electric modules produced by Ascent Solar.
Ascent Solar President and CEO Farhad Moghadam stated, "FTL Solar has developed a variety of multi-purpose solar integrated flexible tensile structures. These structures are ideally suited for the incorporation of Ascent Solar's flexible and light weight photovoltaic modules. We are excited about our relationship with FTL Solar and NYSERDA and the opportunity to embed our modules into a wide range of structures serving various market segments.”