Photovoltaic module developer Ascent Solar Technologies Inc. engaged boutique advisory firm Fidelity Equity Partners LLC to assist in its plan to drive shareholder value and deliver overall corporate advisory.

"The Fidelity Equity Partners team and their expansive network of collaborative industry professionals can offer significant resources to potentially accelerate Ascent's growth strategy in the marketplace offering what we believe could be unprecedented shareholder value over a relatively short period of time," Ascent President and CEO Victor Lee said in a March 19 statement.