Ascent Solar (ASTI) announced that its thin-film CIGS technology reached record efficiency at 15.7% at production scale. This achievement aligns with the Company’s previously announced 2025 strategy which aimed to continue improving upon its thin-film PV’s material quality, technological efficiency and production design optimization to increase the applicability of the technology in the space market. Using the Titan, a module approximately one square foot in size, Ascent can now produce a formidable 15.7 watts in power per unit. These modules are approximately 0.03mm in thickness and just over eight grams in weight, possess an impressive power density of 1960W/kg before encapsulation. Ascent’s engineering and production teams have consistently achieved increases in device efficiency and overall performance since September 2023. In the last 18 months, Ascent has reached significant milestones in efficiency testing, with the latest achievement of 15.7% representing a significant increase from Q1 2024: Q3 2023: 11.6 watts; Q4 2023: 13.3 watts; Q1 2024: 14.0 watts; Q2 2025: 15.7 watts.
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