Ascent Solar Boosts Efficiency of CIGS Solar Cells and Modules (ASTI)
Thu. October 22, 2009; Posted: 11:46 AM
Oct 22, 2009 (SmarTrend(R) News Watch via COMTEX) --
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PowerRating -- 10/22/2009 - Ascent Solar (NASDAQ:ASTI) has dramatically increased the efficiency of its CIGS solar cells and modules within the last year, according to a Greentech Media report. Last November, the company's CEO said in an interview that its champion cells reached a maximum efficiency of about 11%, and the best modules were at about 9.5%. Now, their champion cell efficiency has risen to about 14%, while modules have reached 11.7%. The theoretical maximum efficiency for a CIGS cell is about 29%, according to the report. Shares of Ascent are up 5.5% in early Thursday trading.
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