Struggling a-Si thin-film start-up XsunX, Inc. is to stop internal production of its a-Si thin-film modules and outsource production to meet current and future supply contracts. XsunX announced in March 2009 that is was scaling back production due to the difficulty to raise funds due to the credit crisis.
“With the high costs required to establish and maintain in-house manufacturing operations, we believe that leveraging and adapting the use of existing infrastructure available from other companies is a very attractive option,” stated Tom Djokovich (pictured), XsunX CEO. “This plan allows us to reduce start-up and operating costs, better service or assist partners in servicing new regions, and refocuses resources towards the development and deployment of new solar PV technologies through multiple partners.”
XsunX said that it would focus on product development, marketing and sales, and would attempt to either ‘create joint business agreements, contract for production services or license its proprietary technologies.’
“In interviewing and negotiating with potential partners, we found instances where either process lines could be adapted to service our requirements or extra capacity was available to service our specific needs,” said Djokovich. “The main objective for XsunX is to focus on technology development, sales, and generating revenues while reducing the need for large infrastructure investments that tax shareholder equity and delay the roll-out of business initiatives and revenues.”
The company also said that it would be announcing efforts in the coming months that would boost thin-film conversion efficiencies while hiring new staff for product development and marketing.