XsunX is planning to build a multi-megawatt production facility in the United States in order to supply the growing domestic demand for solar cell products that can be easily integrated into buildings and houses.
In making this announcement, XsunX is revealing an important new development in its ongoing program of commercializing its thin film technologies. "The growing national and international market opportunities for building integrated photovoltaics clearly support this decision to expand the XsunX business model from a purely licensing and equipment sales model into one of manufacturing the solar devices ourselves here in the U.S.," says Tom Djokovich, CEO of XsunX.
"As we work with manufacturing licensees globally on assessing the size of the markets and the return on investment of our manufacturing systems, it became obvious that it was a business opportunity we could not ignore."
With this new manufacturing facility, XsunX will focus on providing the U.S. market with thin film solar solutions and products that are easy to incorporate into "green buildings." The demand for these types of products continues to outpace the ability of current solar cell manufacturers to deliver them.
"Global warming and global energy needs have converged to create an enormous and growing demand for new solar energy solutions," comments Kurt Laetz, Vice President of Sales and Marketing. Laetz continues, "We anticipate we will soon have manufacturing partners in place internationally, and have decided that the U.S. market could best be served by XsunX itself."
"We are planning the manufacturing line around a 5 megawatt modular design which allows us to scale from 5 to 25 to 50 megawatts of production by adding new 5 megawatt lines," stated Joe Grimes, XsunX COO. "There are a number of states that have mandated certain minimum renewable energy production standards and the type of knowledge based jobs that our facility could bring to a region may prove very attractive to regional and state policy makers. We plan to build our first facility where we find the best access to government support and a qualified work force. We are paying special attention to opportunities in California, Massachusetts and, of course, Colorado where our current facilities are located," concluded Grimes.
