Wall Street Transcript Interview with Victor Lee, CEO of Ascent Solar Technologies, Inc. (ASTI)

Wall Street Transcript

67 WALL STREET, New York - February 15, 2013 - The Wall Street Transcript has just published its Alternative Energy Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Grid Parity Timelines for Alternative Energy - Asia Pacific Demand for Solar Energy - Alternative Energy Generation - Solar Energy Pricing - Government Subsidies and Regulation - The Rise of the Energy Efficiency Market - LED Adoption in Large-Scale Projects - Long-Term Opportunities in Emerging Markets - Solar Growth Drivers and Headwinds

Companies include: Ascent Solar Technologies Inc. (ASTI) and many more.

In the following excerpt from the Alternative Energy Report, the CEO of Ascent Solar Technologies, Inc. (ASTI) discusses the outlook for his company for investors:

TWST: Please provide our readers with a little bit of a background and a broad overview of Ascent Solar.

Mr. Lee: Ascent Solar was incorporated in 2005, and we were listed on the Nasdaq Global Market in July 2006. We're based in Thornton, Colorado, which is roughly about 30 minutes away from Denver. Our company is based on a thin-film CIGS technology on flexible plastic substrates.

The important thing to note is that our technology actually began as early as 1990 when the founders of Ascent Solar, including our existing CTO, came out of Martin Marietta, aerospace division. This is a technology that has been researched for more than 20 years.

TWST: Would you give us a little more information about that technology?

Mr. Lee: We commercially produce our solar modules using roll-to-roll manufacturing facilities and technology based on monolithic integration, which is the heart and soul of our technology. We have won two major awards, one in 2010 from R&D Magazine, which selected our monolithic integration technology on the polyimide substrate as one of the "100 Most Innovative Technologies," and in 2011, Time Magazine selected Ascent as one of the "50 Best Inventions" of the year.

If you look at the entire solar space, there is no other solar manufacturer that has won awards like we have, recognizing how innovative our technology is. Polyimide essentially is a kind of high-temperature plastic that can withstand extreme heat, up to 450 degrees. Our efficiency for the solar module is measured at 11.4% aperture efficiency, and we have achieved 14% cell efficiency as measured by NREL, National Renewable Energy Laboratories...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

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