Solar Stocks Investor Podcast; Tom Djokovich, CEO of XsunX Inc (OTCBB XSNX) Discusses Amorphous Thin Film, the `Thinnest of the Thin Films
Released on: October 28, 2008, 11:29 am
Press Release Author: InvestorIdeas.com
Industry: Environment
Press Release Summary: Mr. Djokovich 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"
Press Release Body: POINT ROBERTS, WA - October 28, 2008 -- 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/
About Our Green Investor Portals: www.RenewableEnergyStocks.com(r) 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.
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