Solar Stocks Investor Podcast; Tom Djokovich, CEO of XsunX Inc. (OTCBB: XSNX), Discusses Amorphous Thin Film, the "Thinnest of t
October 28 2008 - 8:31AM
Marketwired
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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