Ascent & Giscosa Sign BIPV Deal

Ascent Solar Technologies, Inc. announced that it is entering into a definitive cooperation agreement with Giscosa Sociedad Limitada of Spain (Giscosa), a distributor and manufacturer of rubber membranes for roofing, reservoirs and canals. The agreement focuses on the development of building integrated photovoltaic (BIPV) roofing products intended to be distributed by Giscosa into the European market.

The parties have agreed to collaborate on the development of BIPV roofing materials based on Giscosa’s existing RubberSun roofing products. Ascent Solar plans to supply Giscosa with product from its existing 1.5-megawatt (MW) production line for the development, testing and certification of the BIPV products. The two companies are also planning demonstration scale projects to develop market demand for the BIPV roofing products.

“Ascent Solar is pleased to be working with BIPV innovators like Giscosa, particularly in European markets such as Spain, which we believe currently offer attractive incentives for PV solutions,” said Joseph McCabe, Ascent Solar’s Vice President of Business Development.

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