XsunX, Inc. (XSNX.OB) announced it would build a multi-megawatt (MW) thin-film production plant so meet rising demand for solar integrated houses and buildings (BIPV).
“We are planning the manufacturing line around a 5-megawatt modular design which allows us to scale from 5 to 25 to 50 megawatts of production by adding new 5-megawatt lines,” said Joe Grimes, XsunX COO.
The company is looking closely at states that have renewable energy portfolios and a qualified work force: California, Massachusetts and its home state, Colorado.
“The growing national and international market opportunities for building integrated photovoltaics clearly support this decision to expand the XsunX business model from a purely licensing and equipment sales model into one of manufacturing the solar devices ourselves here in the U.S.,” said Tom Djokovich, CEO of XsunX.
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