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Solar Stocks Investor Podcast; Tom Djokovich, CEO of XsunX Inc. (OTCBB: XSNX), Discusses Amorphous Thin Film, the "Thinnest of the Thin Films"
Mr. Djokovich Comments on the Long Term Vision for Renewable Energy -- "Once the Financial Markets Calm Down There Will Be a Reinvigorated Movement of Money Into the Space"
| Source: Investorideas.com; RenewableEnergyStocks.com; XsunX
POINT ROBERTS, WA--(Marketwire - October 28, 2008) - Investorideas.com and its leading green
investor portal, RenewableEnergyStocks.com, presents a solar stocks podcast
with Tom Djokovich, CEO of XsunX, Inc. (OTCBB : XSNX ). XsunX is executing a
phased plan to build and install its amorphous silicon thin film solar
module manufacturing facility.
Tom Djokovich, CEO of XsunX, discusses his return from the Solar Power
International 2008 Conference and Trade Show in San Diego and the feedback
and industry insight into the solar sector, and in particular thin film.
Mr. Djokovich reports on the thin film pricing advantage in the market
place and if this is a tangible reality or hearsay. "Yes, thin films really
do have a pricing advantage in the marketplace. The bottom line is you are
starting with lower material costs and more automation, and of the thin
films, amorphous is the thinnest. The lower manufacturing cost per watt
translates into the ability to sell at a lower cost into the marketplace."
Mr. Djokovich also discusses XsunX's costs per watt once the manufacturing
facility is up and running. "We see ourselves initially coming in at
approximately the $1.30 range at only 58% factory utilization, and we think
we can drive our numbers down to $1.00 per watt once we improve factory
utilization to 80% or better. After that we will work on reducing the back
end packaging costs further. At or near $1.00 per watt will make us
extremely competitive in the marketplace."
Mr. Djokovich also comments on the long term vision for renewable energy,
"Once the financial markets calm down there will be a reinvigorated
movement of money into the space. The industry is not just poised for
growth -- it is continuing to grow and right now it is being overshadowed
by market conditions. The bottom line in the back room is the industry is
growing very well."
To hear the full audio interview click here:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/102708a.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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* All interview content is based on previously disclosed public information
in SEC filings and press releases.