Jan 8 2010
Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of flexible thin-film photovoltaic modules, today announced the development of new building integrated photovoltaic (BIPV) products with variable widths for the U.S. standing seam metal roof marketplace.
The work to optimize this new innovative metal roof solution has been part of an existing agreement with EnergyPeak of Moon Township, Pennsylvania. EnergyPeak is a marketing segment of CENTRIA Services Group. Both companies expect the testing of novel BIPV products to proceed through the first half of 2010, with the intent to purchase modules for projects in the second half of 2010.
Rick Mowrey, Director of Marketing and Business Development for EnergyPeak and CENTRIA stated, “We are pleased to publicly announce our existing relationship with Ascent Solar. We look forward to testing PV products from Ascent that can meet the needs of our metal roof industry.”
Farhad Mogadam, CEO of Ascent Solar stated, “We are excited to be working with the experienced photovoltaic metal roofing systems provider EnergyPeak. Metal roofing systems are an ideal end market solution of our unique, light weight and flexible photovoltaic modules. With a short-term total addressable market of 10 million square feet of BIPV per year and long-term 100 million square feet of BIPV per year, EnergyPeak is an ideal business partner for this endeavor.”