Flexible Electronics News

TFG Radiant Increases Ownership in Ascent Solar

Increase will put TFG Radiant ownership at approximately 41 percent

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc., a developer of flexible CIGS solar panels, announced that TFG Radiant Investment Group, Ltd. is poised to increase its ownership interest in the Thornton, CO-based solar panel manufacturer. TFG Radiant acquired approximately 20 percent of the outstanding shares of Ascent in August 2011. The increase will put TFG Radiant’s ownership at approximately 41 percent. TFG Radiant will purchase the stake in the company presently owned by Norsk Hydro Produksjon AS...

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