Last December, Nasdaq-listed Ascent, whose thin-film modules are targeted at consumer and other off-grid applications, announced a joint venture with the city of Suqian, in China’s Jiangsu province.
The deal saw Suqian promise to inject the yuan equivalent of $32m into the joint venture and offer up rent-free use of a factory and office space in an industrial space for five years, with the factory to be gradually ramped to 100MW.
Colorado-based
