Released on: March 31, 2008, 10:55 am

Press Release Author: InvestorIdeas.com

Industry: Environment

Press Release Summary: Foreign Investment in Thin Film Solar Stock Attributed to
Momentum

Press Release Body: POINT ROBERTS, WA and DELTA, BC -March 31, 2008,
www.RenewableEnergyStocks.com, a leading investor news and research portal for the
renewable energy sector within Investorideas.com, presents a sector close- up on
solar stocks following last weeks surge.

Commenting on recent solar stock activity, Brian C. Yerger, Research Analyst at
Jesup & Lamont Securities attributed some of the momentum to thin film solar
company, Ascent Solar Technologies
(News, Market ). Norsk Hydro ASA increased ownership in ASTI by purchasing an
additional 2,341,897 shares with gross proceeds to the company of approximately
$28.4 million. He reports in an audio commentary, "With a weak dollar, foreign
companies may be looking at some of these smaller solar stocks as extremely cheap
investments in terms of future performance."
Hear the full Audio commentary recorded March 28, 2008: Play:
http://s3.amazonaws.com/static.investorideas.com/podcasts/2008/032808a.mp3

Other factors in the solar stocks spike include earnings from Solarfun beating
estimates and the announcement of the Southern California Edison (News, Market) 250
megawatt installation.

Renewable Energy Stocks solar expert, J Peter Lynch gives a different spin," In my
opinion, one of the primary reasons for this solar rally is really quite simple - NO
MORE SELLERS were left to drive solar stock down any further. In his recent column
he goes on to say, "Last week, seemingly out of nowhere, solar stocks literally
exploded (up over 15% for the week) catching almost everyone by total surprise. The
general market has recently been in turmoil over the housing crisis, the credit
crunch and the looming fear of an impending recession; not exactly a general market
environment conducive for rallies in any sector. But in spite of this bleak
backdrop the solar sector roared ahead regardless."

In terms of future success in the solar sector he reports he looks for companies
that are " vertically integrated in the traditional silicon segment, have cost
effective thin film products or are in higher margin areas such as building
integrated photovoltaics (BIPV). "

Lux Research forecasts a shakeout in the solar industry, "We project that the supply
of solar modules will exceed demand in 2009, leading to falling prices and a
shake-out among companies that aren't prepared to thrive in this new environment -
particularly crystalline silicon players that haven't invested in new thin-film
technologies."

Tom Djokovich, CEO of thin film solar company XsunX, Inc. (OTCBB: XSNX) presented,
"Thin film solar technologies offer opportunities to deliver the lower cost per
watt. This is due to lower material costs, and the ability to scale and automate
manufacturing processes. I believe that these are among the reasons that analysts
anticipate greater compounded growth rates for thin films than other solar
technologies."

XsunX, Inc. (OTCBB: XSNX) is developing amorphous silicon thin film photovoltaic
(TFPV) solar cell manufacturing processes to produce TFPV solar modules. XsunX, Inc.
(OTCBB: XSNX) closed at 0.44 on Friday, up 10.00% on over 460,000 shares.
Showcase Profile: http://www.investorideas.com/CO/XSNX/Default.asp

Solar Stocks Explode to the Upside: http://www.investorideas.com/PL/news/033008a.asp

Solar Stocks Sector Close- Up Trading:
Symbol Company Name Performance %

ASTI Ascent Solar Technologies, Inc. 73.3
CSIQ Canadian Solar Inc. 21.3
CSUN China Sunergy Company Ltd. 4.7
DESC Distributed Energy Systems Corp. 15
DSTI DayStar Technologies Inc. 18.4
EMKR EMCORE Corporation -14.5
ENER Energy Conversion Devices Inc 12.2
ESLR Evergreen Solar, Inc. 8.3
FSLR First Solar, Inc. 9.2
JASO JA Solar Holdings Co., Ltd 18
LDK LDK Solar Company Ltd. 20.4
SOLF Solarfun Power Holdings Co. 20.3
SPIR Spire Corporation 35.7
SPWR Sunpower Corporation 7.9
STP Suntech Power Holdings ADR 18.9
TSL Trina Solar Limited 11.4
WFR MEMC Electronic Materials, Inc. -16
YGE Yingli Green Energy Holding Company Limited 15

Average Performance 3/24/08 to 3/28/08 +15.53

Major Indexes
DJIA Dow Jones -2.7
SPX S&P 500 -2.6
NASD NASDAQ -2.8


Investorideas.com and RenewableEnergyStocks.com recently hosted an online investor
conference, March 20, 2008, giving investors free online access to industry and
investing perspective in the greentech sector. Solar companies Akeena Solar
(NASDAQ:AKNS), Clear Skies Solar Inc. and XsunX (OTCBB: XSNX) presented in the
recent online Greentech Investorideas.com Conference, in addition to Brian C.
Yerger, CFA, Research Analyst at Jesup & Lamont Securities and solar expert, J.Peter
Lynch.

J Peter Lynch's online media presentation for March Online Conference:
http://www.investorideas.com/Forums/Media/Green2/PLynch/default.aspx
Brian C. Yerger: http://www.investorideas.com/Forums/Media/Green2/BYerger/default.aspx
Akeena Solar: http://www.investorideas.com/Forums/Media/Green2/akns/default.aspx
Clear Skies Solar Inc:
http://www.investorideas.com/Forums/Media/Green2/cskh/default.aspx
XsunX: (OTCBB: XSNX) http://www.investorideas.com/Forums/Media/Green2/xsnx/default.aspx

About Our Green Investor Portals:
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, Blogs, and a directory
of renewable and solar stocks.

Disclaimer: Our sites do not make recommendations. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities. We
attempt to research thoroughly, but we offer no guarantees as to the accuracy of
information presented. All Information relating to featured companies is sourced
from public documents and/ or the company and is not the opinion of our web sites.
This site is currently compensated by featured companies, news submissions and
online advertising. Disclosure: XsunX and Clear Skies Solar are featured solar
showcase company and compensate the website $5000 per month.
www.InvestorIdeas.com/About/Disclaimer.asp

For more information contact:

Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,
Source: RenewableEnergyStocks.com, XsunX


Web Site: http://www.renewableenergystocks.com

Contact Details: Dawn Van Zant 800.665.0411
Email: dvanzant@investorideas.com,