THORNTON, USA: Ascent Solar Technologies Inc., a developer of state-of-the-art, flexible thin-film photovoltaic modules, announced that Senior Vice President of Production Operations, Dr. Prem Nath will retire on January 15, 2010. Dr. Nath has led the company’s manufacturing efforts since 2006 and helped establish the company’s unique roll-to-roll commercial production capability.
Ascent Solar President and CEO Farhad Moghadam stated: “Dr. Nath’s track record speaks for itself and he has laid a superb foundation for this company to continue to scale its manufacturing capability and capacity. We thank Dr. Nath for his extraordinary service and innovative efforts while at Ascent Solar. Building on this foundation, the team at Ascent Solar will now pursue high volume commercial manufacturing, the next phase of growth for our company.”
Dr. Nath has spent over 30 years in the thin-film industry. While at Ascent Solar, Dr. Nath successfully led the company to reach full end-to-end commercial production on FAB 1 in Littleton, Colorado, which positions Ascent Solar to ramp to high volume production on FAB 2 located in Thornton, Colorado. The company will continue to have access to Dr. Nath’s knowledge and experience through a consulting arrangement.
Commenting on his retirement, Dr. Nath said: “I am very proud of our company’s accomplishments over the past several years. In 2006 the company was based on R&D tools. Today, Ascent Solar has reached commercial production and is now ready to ramp to volume.”