Flexible Electronics News

Ascent Solar 150MW Manufacturing Facility Project Advances to Due Diligence Review Phase with U.S. Department of Energy

The project has an approximate value of $375 million, $275 million of which would be under the loan guarantee program

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ascent Solar Technologies, Inc., a developer of flexible thin-film solar modules, announced that it has been notified by the U.S. Department of Energy (DOE) Loan Guarantee Programs Office (LGPO) that Ascent’s loan guarantee application for its proposed 150MW FAB3 project has been selected to advance to the LGPO’s due diligence phase of review. The project has an approximate value of $375 million, $275 million of which would be under the loan guarantee program. “We are pleased ...

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