3 February 2015

XsunX to install 45kW solar project for wireless services provider

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 an agreement to install a 45kW commercial solar power project for a Southern California-based wireless services provider with over 100 locations in 12 states.

As a result of the installation, the provider of wireless solutions for telephone and internet services is anticipated to benefit from a net savings of nearly $330,000 over the next 25 years at its main facility in Southern California. Additionally, with the use of utility savings, tax benefits, and incentives, it should create an overall return on investment (ROI) of 100% in just over three years, it is reckoned.

XsunX says that it continues to add customers, following a year focused on establishing the operational infrastructure required to grow and create revenue in 2015. The firm adds that it has focused on providing customer satisfaction, in turn generating organic referrals and a growing pipeline of new projects.

"The commitment to developing a sound business model in 2014 has resulted in multiple new projects early in 2015," says CEO Tom Djokovich. "While we are encouraged by our recently announced commercial solar installation projects, we are thrilled with the growing pipeline of deals that we are working to complete as soon as possible," he adds. "The Southern California market is arguably one of the hottest in the country, as referenced in a recent report produced by NC Clean Energy Technology Center, and the XsunX team looks forward to capitalizing upon this growth."

That report 'Going Solar in America: Ranking Solar's Value to Consumers in America's Largest Cities' outlines the financial opportunity presented by solar today, citing that in 46 of America's 50 largest cities a fully financed, typically sized solar PV system is a better investment than the stock market.

Tags: XsunX CIGS

Visit: www.xsunx.com

Visit: http://nccleantech.ncsu.edu/wp-content/uploads/