Foxconn plans to build a roof photovoltaic project Ascent Solar supply components

Foxconn Technology Group has announced that it is planning to build a rooftop PV project using components from Ascent Solar Technologies Inc. of Sandton, Colorado. Ascent CEO Victor Lee said in an email that the company's flexible CIGS components may be installed in the Foxconn Group's new plant in Changzhou, China, within 45 days. On August 6, Ascent issued a statement saying that the pilot project with a installed capacity of 2 to 3KW may bring more sales. But the company did not give a specific price. The company said in its statement that Ascent Solar hopes that the successful application of this pilot project will bring us more large orders, and Foxconn Group may order more component products in the future. As of the close of the NYSE, Ascent's share price rose 6.1 percentage points to close at $1.22.

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