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Renewable Energy Stocks Green Investor Audio Interview With Tom Djokovich, CEO of Thin Film Solar Company, XsunX, Inc. (OTCBB: XSNX)
"We've Designed Our Solar Modules Specifically for the Electrical Utilities Scale Market"
| Source: RenewableEnergyStocks.com; XsunX
POINT ROBERTS, WA and DELTA, BC--(Marketwire - August 19, 2008) -
www.RenewableEnergyStocks.com,
a leading investor news and research portal for the renewable energy sector
within Investorideas.com, presents a green investor audio interview with
Tom Djokovich, CEO of XsunX, Inc. (OTCBB : XSNX ). XsunX, Inc is a solar
technology Company engaged in the build-out of its multi-megawatt thin film
photovoltaic solar manufacturing facilities.
In the interview, Tom Djokovich, CEO of XsunX, discusses the company's
business model, the thin film solar technology, recent progress, market
drivers and current bids and proposals in the pipeline.
"A year ago we designed a solar module and a manufacturing system to
produce it. In January we began building a manufacturing facility near
Portland, Oregon. To start, we will build about 25 megawatts of production
capacity, which represents approximately 200,000 marketable solar panels
per year, and then grow that capacity to 35 megawatts by improving our
system performance and adding work shifts. We then plan to begin efforts to
scale to 100 megawatts of manufacturing capacity by some time in 2010," Tom
Djokovich summarizes in describing his business model.
According to Mr. Djokovich, "Our modules are designed for the electrical
utilities scale market where thousands of solar modules are used in each
power field. We have started bidding projects for utilities and government
agencies to install our modules. The second part of our target market is
the conventional installer and integrator where we have received
significant requests for purchases of our modules in 2009 and later."
In addressing the opportunity, Mr. Djokovich notes, "The electrical market
is enormous. To keep up with demand, the utilities are reaching out for new
power production methods that are clean and safe. Long term, these power
fields are great investments that can provide a 5-year payback on the
average installation and then you have 15 years of cash flow with low
operating costs. We see this trend picking up significantly and have
positioned ourselves to take advantage of this opportunity."
To hear full audio interview click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/081508a.mp3.
Featured Showcase Solar Company XsunX (OTCBB : XSNX ): Based in Aliso Viejo,
Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV)
solar cell manufacturing processes to produce TFPV solar modules. To
deliver its products the Company has begun to build a multi-megawatt TFPV
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, and other on-grid applications. Employing a phased
roll out of production capacity, it plans to grow manufacturing capacities
to over 100 megawatts by 2010. More info on XsunX, Inc. can be found on our
media profile at: http://www.investorideas.com/co/xsnx/default.asp or
http://www.xsunx.com/.
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