Ascent Solar Technologies Inc. has signed a definitive cooperation agreement with Texsa SA of Spain to develop new photovoltaic roofing products intended for the European marketplace.
The parties have agreed to collaborate on building-integrated photovoltaic (BIPV) roofing materials based on Texsa's existing product lines of protective roofing and thermal insulating boards for inverted-system flat or pitched roofs. Ascent Solar initially intends to supply Texsa with product from its existing 1.5 MW production, and then intends to increase deliveries of solar modules to Texsa after Ascent Solar's planned expansion of production capacity.
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