1 May 2014

Ascent Solar delivers single EnerPlex shipment worth over $750,000 to Fry’s Electronics

Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has shipped an order worth more than $750,000 to Fry’s Electronics for their upcoming anniversary sale. Founded in 1985 in Silicon Valley, Fry’s Electronics is one of the USA’s oldest electronics retailers, and now has 34 retail locations in nine states.

The shipment comprises multiple EnerPlex flagship and accessory product lines, all of which will be available for sale in Fry’s stores beginning 12 May. The completion of this single large order surpasses not only Ascent Solar’s entire fourth-quarter 2013 revenue by 30% but also exceeds its EnerPlex first-quarter 2014 product revenue.

The EnerPlex brand represents Ascent’s line of consumer products, many of which are integrated with the firm’s proprietary CIGS technology.

EnerPlex is extremely pleased to be able to provide support for the demand we have seen for our EnerPlex products through our largest retailer, Fry’s Electronics,” says Richard Hashim, general manager of Ascent Solar’s EnerPlex Division. “This order is yet another example of the continuing increase in demand for EnerPlex’s ultimate portable power solution, from solar chargers to rechargeable batteries and accessories,” he adds.

“Ascent is set to achieve yet another milestone this quarter in terms of product revenue,” notes president & CEO Victor Lee. “We are extremely pleased with the momentum and acceleration of our EnerPlex brand building and product acceptance.”

Tags: Ascent Solar EnerPlex CIGS

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