星期六, 23 11 月, 2024
Home PV News Ascent Solar, Energy Tech aim for military deals

Ascent Solar, Energy Tech aim for military deals

* Ascent Solar to team up with Energy Technologies, Inc


* Deal to focus on solar projects for U.S. military


LOS ANGELES, Sept 25 (Reuters) – Ascent Solar Technologies Inc (ASTI.O) will team with Energy Technologies, Inc to develop solar power projects designed for the U.S. military, in a bid to win defense customers, the companies said on Friday.


The financial terms of the deal were not disclosed.


The companies will work on hybrid solar power generation systems for military shelters that can be deployed quickly.


Ascent Solar, based in Thornton, Colorado, makes flexible thin-film solar panels.


Privately held Energy Technologies, based in Mansfield, Ohio, makes products like power generation and computer components that can survive in harsh environments.


Shares of Ascent Solar closed up 10.85 percent at $8.17 on Friday on the Nasdaq.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

China CORNEX signed cooperation agreement with the Italian Cestari Group

On November 13, CORNEX signed a strategic cooperation agreement with the Italian company Cestari Group in Wuhan, Hubei Province, China. According to the agreement,...

Solar Leader Enphase Energy Cutting 500 Jobs

California-based Enphase Energy, a company known for its solar power and electric vehicle (EV) charging technology, announced it is laying off about 500 workers....

Cincinnati’s solar array powers city operations, tens of thousands of homes

A sprawling solar array in Highland County now powers 20% of Cincinnati's operations and tens of thousands of homes. Cincinnati’s 900-acre solar farm was completed...

1.2-GW solar panel assembly facility to open in Puerto Rico

A contract solar panel assembly facility will soon open in Aguadilla, Puerto Rico, that will supply the utility-scale market on the island and hopefully...