Richard Erskine Resigns from Ascent Solar Board

Ascent Solar Technologies, Inc., a developer of flexible thin-film photovoltaic modules, announced that Richard Erskine, partner and CEO of Energy Capital Management, is resigning his position as a director on the Ascent Solar Board, a position he has held since March 2008.

“Richard has been an excellent board member for Ascent Solar,” Ascent Solar president and CEO Farhad Moghadam said. “He has contributed valuable time, wisdom and passion that has helped Ascent Solar achieve its current progress and milestones. Richard originally joined the Ascent Solar Board while employed at Norsk Hydro. Unfortunately since leaving Hydro and joining Energy Capital Management, Richard’s significant responsibilities as CEO of Energy Capital Management necessitate this change. We wish Richard continued success as an active participant in the renewable energy field, and thank him for his dedication to serving Ascent Solar.”