Point Roberts, WA, August 21, 2008 --(PR.com
)-- 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. 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 please follow the links to the audio section of the InvestorIdeas.com website.
Featured Showcase Solar Company XsunX: Based in Aliso Viejo, Calif., XsunX is developing amorphous silicon thin film photovoltaic (TFPV) solar cell manufacturing processes to produce TFPV solar modules. More info on XsunX, Inc. can be found on the InvestorIdeas media profile page or the company website.
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RenewableEnergyStocks.com® is one of several green investor portals within Investorideas.com and provides investors with stock news, exclusive articles and financial columnists, audio interviews, investor conferences and a directory of stocks within the renewable energy sector.
Hear more audio interviews at the Investorideas.com Green Investor Audio Series.
One of the first online investor resources providing in-depth information on renewable energy, greentech and water sectors. InvestorIdeas.com is a leading global investor and industry research resource portal specialized in sector investing covering over thirty industry sectors and global markets including China, India, Middle East and Australia.
* All interview content is based on previously disclosed public information in SEC filings and press releases.
For more information contact:
Dawn Van Zant 800.665.0411
Source: RenewableEnergyStocks.com, XsunX