XsunX anticipates completing its assembly of CIGSolar deposition system in October

  • XsunX expects to complete the assembly of its CIGSolar thin-film PV cell evaporation system this month.
    XsunX expects to complete the assembly of its CIGSolar thin-film PV cell evaporation system this month.

Financials

  • XSNX
    OTCMKTS
    0.0104
    -0.0016 (-13.33%)
    3:59PM EDT

XsunX advised that it expects to complete the assembly of its CIGSolar thin-film PV cell evaporation system this month. The company employed a fast-track completion schedule in order to accelerate its technology demonstration and marketing efforts. This summer, XsunX  received equity financing through Ironridge Energy, which allowed it to focus on building a demonstration of the CIGSolar thin-film PV cell evaporation system while simultaneously forming technology marketing operations in its new Irvin, California, facility.

"The last few months have been a busy and exciting time for XsunX. We have been anxious to launch the start-up, testing, and calibration of our patent pending CIGSolar technology so that we can begin customer demonstrations as quickly as possible," said Tom Djokovich, CEO of XsunX, Inc. "The industry's obvious need and the focus of our CIGSolar TFPV cell evaporation technology, is to provide cost reductions and an opportunity to restore operating margins for manufacturers. How to achieve these goals has been an elusive challenge for the industry, but we believe that CIGSolar's new approach is the right solution to this challenge."

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 19th Edition

    For manufacturers who had their heads in the bunker during 2012, fighting falling ASPs and eroding margins, the nineteenth edition brings you details of what lies in store for this coming year. Wright Williams & Kelly return in this issue with their popular analysis of payback on technology buys; crucially they analyze n-type wafers, Al2O3 passivation and copper metallization. SERIS shows us how to achieve 18.7% efficiencies using low-cost etching techniques on diffused wafers. We also have two important technology roundups: CIGS from Helmholtz Berlin, and PV module encapsulation techniques from Fraunhofer ISE.

  • Manufacturing The Solar Future: The 2013 Production Annual

    In the ever-changing global solar markets, cost reduction and measures to increase cell efficiencies are the key tools available to PV manufacturers to create new opportunities and drive your business to the next level. Manufacturing the Solar Future 2013 is the third in the Photovoltaics International PV Production Annual series, delivering the next instalment of in-depth technical manufacturing information on PV production processes designed to help you gain the competitive edge.

Partners

Acknowledgements

Solar Media