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IQE

2 June 2015

XsunX wins contracts to design and build two large commercial solar projects

XsunX Inc of Aliso Viejo, CA, USA, which is developing hybrid copper indium gallium (di)selenide thin-film (CIGS) photovoltaic (TFPV) cell technologies and 'CIGSolar' manufacturing processes, has signed contracts to design and build two commercial solar systems in the Southern California region valued at about $650,000.

An executive office facility in Anaheim has contracted XsunX to install a 160kW solar car-port system designed to offset about 80% of its existing energy use. The operating cost savings, and investment benefits, allow the system to provide a 100% return on investment in just over four years, while continuing to provide over $1m in cost savings through the warranted life of the system, says the firm.

Following soon after the 160kW agreement, XsunX also signed a contract with a Japanese automation systems manufacturer to implement a 78kW rooftop solar system. This system offsets about 75% of energy use, achieving a 100% return on investment in just over three years while also saving the customer nearly $600,000 in electrical expenses over the warranted life of the system, adds the firm.

XsunX says that the two deals, in addition to more in the business development pipeline, are indicative of the momentum achieved through its customer service and cost-efficient pricing. Specifically, the firm's recent strategic expansion of operations to include direct design and construction of solar car-port systems continues to pay dividends, as it has provided the capabilities needed to offer larger, diverse solutions with corresponding investment economics for clients. XsunX says this has yielded interest from a number of organizations, including non-profits, automotive sales dealerships, and niche facilities such as a southern California brewery.

"XsunX continues to leverage its background in construction to achieve the lowest price points for our customers," says CEO Tom Djokovich. "As a result, we are quickly establishing ourselves as one of the most cost efficient solar providers for rooftop, as well as car-port, solar systems," he claims.

Tags: XsunX CIGS

Visit: www.xsunx.com

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