Ascent Solar Technologies, Inc. (NASDAQ:ASTI), a developer of state of the art flexible thin-film solar modules, today announced that it has met a new manufacturing milestone by achieving 14% cell efficiency for its Copper, Indium, Gallium, Selenide (CIGS) on flexible plastic substrate produced at its Fab1 (1.5MW) commercial production plant.

U.S. Department of Energy’s National Renewal Energy Laboratory (NREL), the nation’s primary laboratory for renewable energy and energy efficiency research and development, measured 14.01% cell efficiency for Ascent Solar CIGS material. Adding to this news, Ascent Solar announced a peak efficiency of 11.7% for its monolithically integrated CIGS modules manufactured at its Fab1 (1.5MW) plant in Littleton, CO.

Dr. Farhad Mogahadam, President & CEO for Ascent Solar stated, “This is a significant breakthrough in demonstrating our ability to achieve thin film CIGS cells with 14% efficiency from regular production machines. Ascent Solar’s ability to manufacturer monolithically integrated modules with efficiency as high as 11.7% in regular production serves as a vital element to our low cost per watt manufacturing goal.”

About Ascent Solar Technologies:

Ascent Solar Technologies, Inc. is a developer of thin-film photovoltaic modules with substrate materials that can be more flexible and affordable than most traditional solar panels. Ascent Solar modules can be directly integrated into standard building materials, space applications, consumer electronics for portable power or configured as stand alone modules for large scale terrestrial deployment. Ascent Solar is headquartered in Thornton, Colo. Additional information can be found at www.ascentsolar.com.

About National Renewable Energy Laboratory

The National Renewable Energy Laboratory (NREL) is the nation's primary laboratory for renewable energy and energy efficiency research and development (R&D). NREL is operated for the U.S. Department of Energy by The Alliance for Sustainable Energy, LLC. Additional information can be found at www.nrel.gov

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