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TFG Radiant has committed $165 million for the initial East Asia FAB
August 14, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
Ascent Solar Technologies, Inc. and TFG Radiant Group announced they have signed a more than $275 million plus royalties long-term, multi-faceted, strategic partnership that includes (i) investments by TFG Radiant in Ascent and (ii) a joint development agreement between TFG Radiant and Ascent to establish manufacturing facilities to be located in East Asia. Under the agreement, TFG Radiant has committed $165 million for the initial East Asia fab, bringing the total deal value to about $450 mill...
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