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Ascent to Ship IPhone 5 Solar Charger in December, CEO Says

Ascent Solar Technologies Inc., the U.S. solar company that fell the most on record yesterday, will ship a sun-powered charging case for Apple Inc.’s iPhone 5 in December as it continues its transition to consumer electronics, Chief Executive Officer Victor Lee said.

The company is pursuing a “total paradigm shift” to focus on selling products to consumers instead of developers of large-scale solar power plants, said Lee, who was hired as CEO of the Thornton, Colorado-based company in February.