From pv journal USA

Ascent Photo voltaic, a US producer of thin-film copper indium gallium selenide (CIGS) photo voltaic modules, has agreed to amass Swiss-based thin-film rival Flisom for an undisclosed sum. Flisom presently 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 improvement middle and a 5 MW nameplate manufacturing facility. It would 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 world footprint, whereas European governments and Asia adopted laws to extend photo voltaic power manufacturing and manufacturing capabilities domestically. The Flisom acquisition can be anticipated to supply Ascent with a brand new income stream within the luxurious items and building-integrated photovoltaics (BIPV) markets.

The trendy tools of the Swiss facility will assist Ascent’s give attention to 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 situations the place conventional inflexible panels do not work,” stated Jeffrey Max, chief govt officer of Ascent. “We see a world push for elevated manufacturing of solar energy and we acknowledge the unmet want for options to conventional inflexible panels that can be utilized in situations the place there are restrictions on land, form, or weight, particularly in Europe and Asia. “

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