From pv journal USA
Ascent Photo voltaic, a US producer of thin-film copper indium gallium selenide (CIGS) photo voltaic modules, has agreed to accumulate Swiss-based thin-film rival Flisom for an undisclosed sum. Flisom at the moment operates a 15 MW manufacturing unit in Zurich, Switzerland.
Ascent Photo voltaic will stay based mostly in Thornton, Colorado, the place it has a analysis and growth heart and a 5 MW nameplate manufacturing facility. It’ll start manufacturing instantly from a brand new roll-to-roll thin-film manufacturing facility in Zurich, Switzerland. The Flisom deal will triple Ascent Photo voltaic’s manufacturing capability.
The corporate stated the transaction was an vital milestone in its restructuring plan by delivering new assured contract income, elevated manufacturing capability, and a global footprint, whereas European governments and Asia adopted laws to extend photo voltaic vitality manufacturing and manufacturing capabilities regionally. The Flisom acquisition can also be anticipated to supply Ascent with a brand new income stream within the luxurious items and building-integrated photovoltaics (BIPV) markets.
The trendy gear of the Swiss facility will assist Ascent’s deal with operational effectivity and optimization.
“Since becoming a member of the corporate in September 2022, my precedence has been to implement an aggressive transformation plan and re-establish Ascent as a number one supplier of high-performance, versatile thin- movie photo voltaic modules to be used in eventualities the place conventional inflexible panels do not work,” stated Jeffrey Max, chief government officer of Ascent. “We see a world push for elevated manufacturing of solar energy and we acknowledge the unmet want for alternate options to conventional inflexible panels that can be utilized in eventualities the place there are land constraints, form, or weight, particularly in Europe and Asia. “
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