Customers See Future in Hydro, Ascent Building System Concepts.LITTLETON, Colo. -- Nearly 7,000 people met with Hydro (NYSE NYSE See: New York Stock Exchange :NHY NHY Norsk Hydro NHY Nehmé Hassan Younes ) last week in Paris to better understand the latest developments in aluminium building systems. Sustainability was the theme at the Batimat 2007 exhibition. Hydro showed off combinations of technology, function and grace in more than a dozen conceptual products and systems at its stand at the Paris Expo. One of the visitors was Jean-Louis Borloo, the French minister of Ecology, Sustainable Development Sustainable development is a socio-ecological process characterized by the fulfilment of human needs while maintaining the quality of the natural environment indefinitely. The linkage between environment and development was globally recognized in 1980, when the International Union and Spatial Planning Spatial planning refers to the methods used by the public sector to influence the distribution of people and activities in spaces of various scales. Spatial planning includes all levels of land use planning including urban planning, regional planning, national spatial plans, and in . "Our guests wanted to see where the market is going, and how we are planning to take them there," says Lars Hauk Ringvold, who heads Hydro's aluminium building systems activities. Hydro presented concepts from three of its brands - Architectural Systems, Technal and Wicona. Each brand has a distinct image in the systems market, and each showed its respective strengths at the exhibition, which attracted 2,700 exhibitors from 49 countries. Some of the best-received concepts: * Photovoltaics integrated in windows, doors, balcony railings and facades * Software for architects that calculate performance of building elements * Windows with motorized mo·tor·ize tr.v. mo·tor·ized, mo·tor·iz·ing, mo·tor·iz·es 1. To equip with a motor. 2. To supply with motor-driven vehicles. 3. To provide with automobiles. systems for functionally disabled * Energy-saving surface treatment solutions * Facades with no structural glazing or glue for glass Next steps for integrated photovoltaic The generation of voltage by a material that is exposed to light in the visible and invisible ranges. See photoelectric and photovoltaic cell. systems Guests discovered that Hydro is one step closer to offering aluminium systems with integrated photovoltaic systems. Such systems can generate energy savings that exceed 60 percent, compared to today's systems. The prototypes displayed at Batimat were the result of a successful pre-project between Hydro and Ascent Solar Technologies, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ASTI) a Denver-based company which manufactures the flexible thin-film photovoltaic modules. Hydro owns 23 percent of Ascent Solar. Joseph McCabe
Joseph Martin McCabe (1867–1955) was an English writer and speaker on freethought, after having been a priest earlier in his life. , who is responsible for business development for Ascent Solar, says the prototypes created "absolute excitement" at Batimat but that patience is key. Ascent plans to ramp up Ramp Up To increase a company's operations in anticipation of increased demand. Notes: A company might 'ramp up' operations if they just signed a contract creating substantially more demand for their product. See also: Demand, Economies of Scale production of the photovoltaic modules in Denver next year, while Hydro will launch projects demonstrating the systems in France and in Spain. Other milestones also remain. "Our customers want us to continue showing speed in the development process. They understand this can be very good for their business," says Hauk Ringvold. Hydro is Europe's preferred supplier of aluminium building systems, and delivers to scores of other countries around the globe. Its three international brands - Domal, Technal and Wicona - cover the range of system products. Based on its long experience in materials technology and renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. , Hydro is also investing in solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. with partner companies, such as Ascent Solar, to develop new technologies and manufacturing processes at facilities in Europe and the US. About Hydro: Hydro is a Fortune Global 500 supplier of aluminium and aluminium products. Based in Norway, the company employs 25,000 people in more than 30 countries and has activities on all continents. Rooted in a century of experience in renewable energy production, technology development and progressive partnerships, Hydro is committed to strengthening the viability of our customers and communities we serve. About Ascent Solar Technologies: Ascent Solar Technologies, Inc. is a developer of state-of-the-art, thin-film photovoltaic modules and is located in Littleton, Colorado The City of Littleton is a home rule municipality located in the Denver Metropolitan Area of the State of Colorado. As of 2005, the city is estimated to have a total population of 40,396.[1] Littleton is the 17th most populous city in the State of Colorado. . Please visit our website for additional information at www.ascentsolar.com. Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission. |
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