XsunX, Inc.Achieves Crucial Development Milestone: Announces Completed Hybrid CIGS Thin-film Solar Device

XsunX, Inc.Achieves Crucial Development Milestone: Announces Completed Hybrid CIGS Thin-film Solar Device


ALISO VIEJO, Calif., Jan. 5 -- XsunX, Inc. (XSNX:OTCBB), the developer of advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes, today announced the completion of a fully-functional CIGS (Copper Indium Gallium di Selenide) thin-film solar device.

The company is pioneering a hybrid solar cell technology that adapts manufacturing processes from the Hard Disk Drive (HDD) industry to produce CIGS solar cells deposited onto stainless steel substrate with "pseudo square" configuration which the company believes can replace traditional silicon wafer solar cells.

"With this completed sample we have reached a critical milestone in our development process, achieved through the vigilant efforts of our engineers and trusted business partner," said Tom Djokovich, CEO, XsunX, Inc. "This initial achievement illustrates a realistic set of company goals and demonstrates the strength of our relationships with the business and technical expertise that kept us on track."

Developed in partnership with an established equipment supplier to the Hard Disk Drive industry, the newly produced cell presents several compelling advantages over silicon solar wafers available on the market today.

"Approaches to mass-scale production of CIGS thin-film cells today introduce processing defects that significantly reduce cell performance," said Robert Wendt, CTO, XsunX, Inc. "Because we are leveraging stationary small-area, high-rate, production technologies and not scaling up to large area processing, we're able to strive for laboratory-metric conversion efficiencies."


In addition to being sized to match with existing HDD manufacturing processes, XsunX's new breed of TFPV manufacturing techniques will produce an appropriately proportioned cell that can be used on existing solar module production lines by manufacturers looking for a direct substitute for increasingly controversial silicon cells. Featuring a less brittle and therefore less fragile substrate, the company's CIGS device has the potential of increased yields over its silicon counterpart.


In the next stage of development, XsunX will be evaluating technical data concerning performance, conversion efficiency to continue to fine-tune each cell layer based on input collected from small-area devices, and to perfect our engineering designs.

About XsunX
XsunX specializes in the development and commercialization of advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes. We are currently working to develop new proprietary manufacturing systems to deliver low cost solar products based on the use of CIGS (copper indium gallium selenide) solar thin films. Utilizing cross-industry enabling technologies, these systems are being developed to deliver low cost and high yield front end CIGS solar cell manufacturing methods coupled with customized backend solar module assembly and packaging systems.

This CIGS production technology is being designed as a turn-key solution to either enable upgrades to existing infrastructure or to establish new large scale solar manufacturing capacity for the production of CIGS solar cells that can be utilized in a multitude of applications. We plan to offer joint venture manufacturing opportunities for this technology to regional partners in a number of industry types and solar applications.

For more information please call 888-797-4527, or visit the company's website at www.xsunx.com.


Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.

Disclosure - Investorideas.com owns shares in XSNX from a previous green showcase relationship for investorideas.com and renewableenergystocks.com
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Solar Stocks Sector Close-Up- Akeena Solar, Inc. (Nasdaq:AKNS), Ascent Solar Technologies, Inc. (NASDAQ:ASTI ), XsunX, Inc. (XSNX.OB)

Solar Stocks Sector Close-Up- Akeena Solar, Inc. (Nasdaq:AKNS), Ascent Solar Technologies, Inc. (NASDAQ:ASTI ), XsunX, Inc. (XSNX.OB)

Solar Stocks Mostly Up In Trading


POINT ROBERTS, WA —July 9, 2009, -- 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 trading as of July 9, 2009 with news from Akeena Solar, Inc. (Nasdaq:AKNS), Ascent Solar Technologies, Inc. (NASDAQ:ASTI ), XsunX, Inc. (XSNX.OTCBB).

Solar Stocks in the News

Akeena Solar Scheduled to Report Second Quarter 2009 ResultsLOS GATOS, Calif., July 9, 2009 - Akeena Solar, Inc. (Nasdaq:AKNS), a leading designer and installer of solar power systems, will announce its second quarter 2009 financial results on Thursday, July 30, 2009. The company will host a conference call on the same day at 11:00 A.M. Pacific (2:00 P.M. Eastern).
To access the call in the U.S., please dial 877-866-5534 and for international callers dial 706-634-1178 approximately 10 minutes prior to the start of the conference call. The pass code is 17769114. The conference call will also be broadcast live over the Internet and available for replay for 90 days at www.akeena.com.

Solar Company XsunX Launches News Website
XsunX, Inc. (XSNX.OTCBB) an established solar energy company, is preparing to launch its new web site providing information on the company’s recently announced expanded business plans. The company’s new web site will provide information on the development of its joint venture product manufacturing program and exciting new cross-industry thin film solar technology that XsunX has begun developing.

Ascent Solar Exceeds 10% Module Efficiency MilestoneTHORNTON, Colo.--July 8, 2009 --Ascent Solar Technologies, Inc. (NASDAQ:ASTI ), a developer of state-of-the-art flexible thin-film solar modules, today announced that it has achieved its initial target module efficiency goal of 10.0% for its flexible Copper, Indium, Gallium, Selenide (CIGS) monolithically integrated modules.

The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has independently verified that the modules measured as high as 10.4% in conversion efficiency. The modules tested at NREL were standard 429 cm2 modules produced by the company’s 1.5MW production line that was put into commercial production in the first quarter of 2009.

Dr. Prem Nath, Sr. Vice President of Production Operations for Ascent Solar, stated, “This is a significant breakthrough in demonstrating our ability to manufacture monolithically integrated flexible CIGS modules with greater than 10% module efficiency in commercial production. Ascent’s high-volume 30MW commercial plant is scheduled to commence initial production at the beginning of 2010. Module efficiency of 10.0% is a vital element for our low-cost-per-watt manufacturing goal in high volume and will establish Ascent Solar as a leader in the production of lightweight flexible photovoltaics used for portable power and building integrated photovoltaic (BIPV) products.”


Solar Stocks Sector Close-Up, Trading July 9, 2009

Akeena Solar Inc. (NASDAQ:AKNS) trading up at $1.09, up 0.03 (2.83%) 11:33am
Ascent Solar Technologies, Inc. (NasdaqGM: ASTI) trading up at $7.73, up 0.10 (1.31%)
Canadian Solar (NASDAQ: CSIQ) trading up at $10.28, up $ 0.70 (7.31%) 11:50am ET
Evergreen Solar Inc (NASDAQ:ESLR) trading up at $2.10, up $ 0.05 (2.44%) 11:48am ET
GWS Technologies, Inc. (OTCBB: GWSC), Day's Range: $1.65 - $1.76
JA Solar (Nasdaq: JASO) trading up at $3.77, up 0.28 (8.02%) 11:56am ET
SunPower Corporation (NasdaqGS: SPWRA) trading up at $23.29 up 0.07 (0.30%) 11:57am ET
Yingli Green Energy (NYSE: YGE) trading up at $11.08 0.77 (7.47%) 11:58am ET
XsunX Inc: (OTCBB: XSNX) Day's Range: 0.10 - 0.1070

For investors following solar stocks, the RenewableEnergyStocks.com website provides a comprehensive list of photovoltaic and solar stocks to research.
http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

Read solar stocks commentary and the latest column of “Renewable and Solar Energy Perspectives” with J. Peter Lynch at http://www.renewableenergystocks.com/PL/ . Read his newest columns, the Solar Innovations series, looking at private companies in the sector

Featured Solar Stock
XsunX, Inc. (XSNX.OB) is a thin-film photovoltaic ("TFPV") company that is executing a phased plan to build and operate 100+ mega-watts (MW) of thin film solar module manufacturing capacity. The Company is working to implement the installation of its base production infrastructure in Oregon, USA and develop initial production capacities necessary to service sales agreements as soon as possible.
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Recent News Hi- Lites from Green Stocks: GWS Technologies, Inc. (OTCBB: GWSC), FPL Group (NYSE: FPL), MagneGas Corporation (OTCBB: MNGA), Satcon

Green Investor News – Recent News Hi- Lites from Green Stocks: GWS Technologies, Inc. (OTCBB: GWSC), FPL Group (NYSE: FPL), MagneGas Corporation (OTCBB: MNGA), Satcon (NASDAQ CM: SATC), XsunX, Inc. (OTCBB: XSNX)

Recent News on Renewable Energy and GreenTech Business and Stock News Feed, one of the most read RSS news feeds on Investor Ideas


POINT ROBERTS, WA and DELTA, BC –June 18, 2009 – Investorideas.com and www.RenewableEnergyStocks.com, a leading global investor and industry portal for the renewable energy sector within Investorideas.com, features news h- lites from its Renewable Energy and GreenTech Business and Stock News Feed, one of the most read RSS news feeds on Investorideas.com.

Green Investor News Hi- Lites

FPL’s investments in fuel efficiency expected to yield billion-dollar-a-year savings for customers beginning in 2014
Customers have already saved nearly $3 billion since 2002 as a result of investments in cleaner, more efficient power plants

JUNO BEACH, Fla.--June 18 2009 --Florida Power & Light Company’s investments in making its power plants among the cleanest and most efficient in the country have saved customers nearly $3 billion in fuel costs since 2002, and continued investment is expected to yield customer savings totaling $1 billion every year beginning in 2014.

FPL is a subsidiary of Juno Beach, Fla.-based FPL Group (NYSE: FPL).

The savings to date have been driven by a wide array of efficiency projects that result in lower fuel use. For example, FPL has converted older, oil-fired power plants, such as the Fort Myers and Sanford plants, to more efficient natural gas combined-cycle technology, while adding new, similar generating capacity at its Martin, Manatee and Turkey Point sites.
http://www.investorideas.com/News/061809a.asp


* GWS Technologies, Inc. Partners with Dominion Real Estate on Alternative Energy Projects

SCOTTSDALE, Ariz. -- GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions, announced today that it has partnered with Dominion Real Estate Partners, Inc. (DREP) to provide solutions and technology integration on alternative energy projects in Texas and Arizona.

GWS will also supply solar panels and equipment to retrofit commercial buildings operated by DREP and assist the company in applying for certification under the Commercial/Industrial Solar Energy Tax Credit Program. The primary goal of this program is to stimulate the production and use of solar energy in commercial and industrial applications by subsidizing the initial cost of solar energy devices. Tax credits can be used to offset Arizona income tax liability; any unused credit amounts can be carried forward for a five-year period.

* MagneGas Secures Agreement to Begin Commercial Sale of MagneGas(TM) Fuel

TAMPA, FL -- Jun 16, 2009 -- MagneGas Corporation ("MagneGas" or the "Company") (OTCBB: MNGA), a producer of a metal cutting fuel and natural gas alternative made from liquid waste, announced today that it has begun inroads into the $680 million metal cutting fuel market through a fuel distribution agreement with Florida-based Crumpton Welding Supply ("Crumpton").

Crumpton will immediately begin selling MagneGas(TM), created from non-hazardous liquid waste, to their 4,500 customers through their offices in Tampa, St. Petersburg, Auburndale and Port Charlotte. MagneGas(TM) exceeds all EPA air emission requirements and is a new green fuel technology for this market. Crumpton will submit purchase orders based on customer demand and sufficient to maintain inventory at each if its four distribution centers; it has already placed its first order to begin MagneGas(TM) market introduction.
http://www.investorideas.com/Companies/ViewDocument.asp?ID=5800

*Satcon (NASDAQ CM: SATC) Announces International Supply Chain Expansion
Doubles Global Manufacturing Capacity and Partners with DB Schenker for Worldwide Logistics Services

BOSTON--June 18 2009 --Satcon Technology Corporation (NASDAQ CM: SATC), a leading provider of utility scale distributed power solutions for the renewable energy market, today announced significant growth of its international manufacturing and supply chain operations. As part of this announcement, Satcon will expand global manufacturing capacity to over 600 megawatts in 2009 between its manufacturing facilities in Burlington, Ontario, Canada and Shenzhen, China, as well as partner with DB Schenker Logistics to provide global logistics and transportation services for all of Satcon's global supply chain needs.
http://www.investorideas.com/News/061809b.asp


* XsunX Announces Plans To Accelerate Growth
New Focus on Proprietary Technology Development, Marketing Strengths, and Sales

ALISO VIEJO, Calif., June 18 -- XsunX, Inc. (OTCBB: XSNX), a developer of thin film solar photovoltaic (TFPV) technologies, today announced an expanded strategic plan intended to allow the Company to focus on its core strengths of technology development, marketing, and sales. In addition, XsunX intends to enter into manufacturing supply or licensing agreements with solar PV manufacturers to service its existing sales agreements and new sales opportunities that the company is pursuing. http://www.investorideas.com/Companies/ViewDocument.asp?ID=5804

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Featured Renewable Energy Stocks

GWS Technologies, Inc. (OTCBB: GWSC), an alternative energy company developing renewable energy solutions. GWS stands for GreenWindSolar. Our products and solutions are part of the new "microgeneration" movement that is transforming the way everyday people provide for their energy needs. Through a growing line of solar and wind-powered products ranging from handheld devices that can recharge an iPod to wind turbines for point-of-use alternative energy generation, GWS is leading the way in the emerging microgeneration marketplace. The company was founded in 2005 and is headquartered in Scottsdale, Arizona.

Magnegas Corporation (OTCBB:MNGA) is the producer of MagneGas(TM), a natural gas alternative and metal cutting fuel made from liquid waste such as sewage, sludge, manure and certain industrial and oil based liquid wastes. The Company's patented Plasma Arc Flow(TM) process gasifies liquid waste, creating a clean burning fuel that is essentially interchangeable with natural gas, but with lower green house gas emissions. MagneGas(TM) can be used for metal cutting, cooking, heating or powering bi fuel automobiles.

XsunX, Inc. (XSNX.OB) is a thin-film photovoltaic ("TFPV") company that is executing a phased plan to build and operate 100+ mega-watts (MW) of thin film solar module manufacturing capacity. The Company is working to implement the installation of its base production infrastructure in Oregon, USA and develop initial production capacities necessary to service sales agreements as soon as possible.
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