Thornton-based Ascent Solar Technologies has cut its workforce from 167 employees as of last September to 85. That’s according to recent quarterly filings made with the Securities and Exchange Commission.
Many of the layoffs were in the production division. That’s because the company is changing course, hoping that its lightweight solar panels will be more interesting to niche markets. CEO Ron Eller says that translates into innovating new products, like one prototype that incorporates panels into tent flaps for the military.
The National Solar Observatory is the nation’s top ground-based scientific program studying solar physics and space weather. Of six institutions competing to be the NSO’s new home, CU Boulder and the University of Alabama-Huntsville have been selected as finalists.
Before a panel of state lawmakers Wednesday, Xcel Energy defended its plan to dramatically cut subsidies that have made it easier for the utility’s customers to install solar panels on their roofs. Colorado solar companies say the move has effectively frozen the market and they've filed a motion asking state utility regulators to reinstate the rebates.