XsunX Inc. is a solar technology company with headquarters in Aliso Viejo, California. Trading on the OTCBB, their focus is on developing thin-film photovoltaic (TFPV) amorphous silicon solar cell manufacturing processes to produce TFPV solar modules. The markets the company is targeting for these solar modules are solar farms, government agencies, and utility companies.
The company is currently developing their phased plan to manufacture and install 100 mega-watts of amorphous silicon TFPV manufacturing capacity. Their goal is to complete the installation of their base production infrastructure near Portland, Oregon this year. They will then work to increase the capacities to 25 mega-watts by early 2009, and 100 mega-watts by early 2010.
The Company designed their TFPV product to service a broad spectrum of installation environments. They designed them also to deliver performance characteristics to meet the needs of solar farm and utility grade applications. They believe their XsunX ASI-120 module delivers high power output relative to other thin films. They also believe their module has the size and framing suitable for the use of many existing mounting systems.
This month, XsunX, Inc. announced that the Oregon Economic Development Association (OEDA) recognized XsunX as a Business Development Success Story in an award presented to the City of Wood Village, Oregon. With their decision to locate in Oregon, XsunX has successfully worked with the City of Wood Village and other local community managers to structure approval of tax relief programs for establishing solar manufacturing operations. They also continue to work with the local community college system to structure training programs for solar manufacturing jobs.
Today, the Company reported on a successful Solar Power International 2008 Conference and Trade Show in San Diego. The Solar Power show is the largest in the U.S.A. with Keynote addresses from California Governor Arnold Schwarzenegger and General Wesley Clark. XsunX observed great interest in their TFPV modules and returned from the solar show with sales leads for projects ranging from two to 100+ MW spanning six countries.
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