ALISO VIEJO, Calif., Aug. 20 /PRNewswire-FirstCall/ -- XsunX, Inc. (BULLETIN BOARD: XSNX) , a developer of advanced manufacturing systems and thin-film photovoltaic solar modules, sees building interest for its solar modules currently being offered on a pre-production basis. "Our product is a thin-film amorphous solar module on a glass panel and targets what we believe to be an ideal spot in the market. What we are seeing is a growing demand for modules delivering 100 watts or more of peak power with superior climate and low light performance characteristics," stated Kurt Laetz, VP of Global Sales for XsunX. The Company has made plans to build a multi-megawatt solar module production facility in the United States to meet the growing demand for solar cell products used in large scale commercial projects, utility power fields, power purchase installations, and other on-grid applications. Employing a phased roll out of production capacity, XsunX plans to grow its capacities to 100 megawatts by the end of 2009. Commenting on the plan, XsunX's CEO Tom Djokovich stated, "We've had the foresight to be engaged in the development of amorphous silicon solar devices for several years now. Leveraging the work we've done with solar devices and manufacturing methods to enter the module manufacturing market directly is the next logical step. We see the supposed virtues of several competing thin-film solar technologies being discussed, and we believe that the current and long term primary distinction across these groups will continue to be whether product is actually being manufactured and delivered." Mr. Djokovich further added, "Although we are not producing modules yet, we believe that the use of amorphous silicon poses fewer challenges to successful commercialization. It also allows XsunX to leverage the experience we've gained over the last several years while drawing upon an extensive body of amorphous technology developed over many years by scientists in both public and private research facilities. While different thin-film technologies may offer varying performance efficiencies, we anticipate that the average cost per watt of production across these thin-film groups will allow amorphous to compete quite favorably," concluded Djokovich. For several years the Company has gained experience working with and building functioning solar thin-film devices on plastic substrates, next generation multi-terminal solar devices, Power Glass(R) semi-transparent solar cells, and nano-crystalline solar absorbers. It has also been working with advanced roll-to-roll manufacturing methods and new types of plasma deposition systems. As a result of these efforts, XsunX has developed a technology road map for continuous enhancement to product offerings. "We have a road map for the commercial use of the new technologies we are working on, and our current plans are focused on a less complex solar device and manufacturing method delivering solid performance," stated Joseph Grimes, XsunX's COO. "Today the majority of the cost per watt of a thin-film solar module lies in the transfer from solar cell to a finished module or packaging. This is the case for XsunX as well as the balance of the industry. While we continue to work to improve conversion efficiencies and manufacturing methods, a potentially significant cost differentiator today lies in new packaging techniques. This is why we're taking the path of tandem junction amorphous on glass as it allows us to capitalize on efficient packaging techniques. XsunX is not the only one to see this opportunity, as many industry analysts foresee this type of product competing favorably with other thin-films." The Company is close to completing site selection for its new manufacturing facility and working with specialists to maximize local and regional governmental support programs and other financing opportunities related to the build out.
