XsunX, Inc. (XSNX.OB) Achieves High Efficiency in CIGS-based Solar Cell Fabrication Technology

QualityStocks would like to highlight XsunX (OTCBB: XSNX) 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 diSelenide) solar thin-films.

In the company’s news yesterday,

XsunX Inc. announced the fabrication of cells based on its CIGSolar™ technology, resulting in a conversion rate of more than 14 percent. This supports the company’s assertion that small-area, co-evaporation production provides superior CIGS-based solar cells necessary to compete with and potentially replace silicon photovoltaic (PV) technologies.

“In only a few short months since adding our new co-evaporation capability and control approach to our CIGS process development, we’ve achieved efficiencies of over 14 percent,” XsunX Chief Technology Officer Robert G. Wendt state in the press release.

Wendt also noted the importance of attaining such a level of efficiency and said the company will continue to advance in the market through product innovation.

“This efficiency level and the efficiency distribution is a significant achievement … We are working hard to further improve on this rapid success so that we can deliver the best possible CIGS technology to the market,” Wendt stated.

XsunX said the test configurations used to determine efficiency of the technology are identical to that used by the National Renewable Energy Laboratory and that XsunX tesing equipment is calibrated to the National Institute of Standards and Technology (NIST) standards.

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