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XsunX Produces Large Area Transparent Solar Cell on Thin-Film Plastic [General]

05/12/2005 @ 22:28 (GMT +9)

XsunX Produces Large Area Transparent Solar Cell on Thin-Film Plastic ALISO VIEJO, Calif., Oct. 3, 2005 - XsunX, Inc. (OTCBB: XSNX), developer of Power Glass(tm) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun, announced today that continued product development success has produced large area integrated solar cell modules on transparent polyester films. This represents a milestone for the Company in efforts under its Phase III development program to perfect a scalable manufacturing method for large area solar cells on inexpensive Polyethylenenapthalate, or PEN based thin film plastics. In Phase III, the Company has been working to refine, enhance, and develop additional aspects of its solar cell design and manufacturing process. Under the guidance of Dr. Arun Madan, Chairman of the XsunX Scientific Advisory Board, the Company's Phase III development program has continued to produce results ahead of schedule and under budget. "Adding to the importance of the development of large area cells on thin films, the Company can now begin providing qualified manufacturers with large area working samples of its Power Glass(tm) films for product integration and development efforts,'' stated Tom Djokovich, XsunX's CEO. ` `Working with manufacturers and product integrators is an important part to establishing commercial viability for our technology as we hope to incorporate their feedback into the design of our manufacturing process,' ' concluded Mr. Djokovich. The core design of the Company's manufacturing process is based on a patented multi-chamber cluster tool approach using cassettes to control or handle rolls of thin plastic films. The rolls of material (transparent plastic films) are loaded into the cassettes and robotically moved between chambers or stations. Layers of transparent semiconductor and conducting materials are deposited onto the plastics in a manner which prevents cross contamination between chambers to achieve high performance, semi-transparent, large area solar cell devices. About XsunX Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic solar technology that allows glass windows to produce electricity from the power of the sun. This proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX glazing is exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology has a number of major market opportunities in the worldwide architectural glass, optical film and plastics markets. Please visit the Company's website for more information: http://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. XsunX, Inc. is a featured Company on RenewableEnergyStocks.com For full details, click here SOURCE: XsunX, Inc. XsunX, Inc. Media Relations (949) 330-8060 To subscribe or unsubscribe to this newsletter please hit reply to this email or email: news@investorideas.com and type in: SUBSCRIBE (XSNX) or REMOVE (XSNX) in the subject line Next Search for press releases here Submit Press Releases Here

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We Energies Customers Set to Drive Renewable Energy Market [General]

05/12/2005 @ 22:25 (GMT +9)

We Energies Customers Set to Drive Renewable Energy Market More information Michael Vickerman 608.255.4044 mvickerman@renewwisconsin.org Utility regulators gave the green light to two We Energies initiatives that will promote customer-owned solar power systems and large-scale purchases of renewable electricity from the utility. In approving a new solar tariff, which will take effect October 1 this year, the Public Service Commission (PSC) of Wisconsin cleared the way for We Energies to buy solar power from its customers at 22.5 cents per kilowatt-hour (kWh), a much higher rate than customers usually receive for renewable electricity that they produce. To qualify for this rate, system owners must enroll in the utility’s Energy for Tomorrow program, through which customers can voluntarily source up to 100% of the electricity they use from renewable energy sources. “This is a remarkably creative way to drive the solar electric marketplace,” said Michael Vickerman, executive director of RENEW Wisconsin, a statewide nonprofit group that promotes renewable energy. “With this new tariff, producers of solar electricity can serve Energy for Tomorrow customers, who place a high value on locally produced clean power,” added Michael Vickerman, executive director of RENEW Wisconsin, a statewide nonprofit group that promotes renewable energy. The price paid for solar electricity will not require a higher premium from Energy for Tomorrow customers, Vickerman said, because the other sources of power supplying the program have become less expensive relative to coal and natural gas. “This tariff allows We Energies to reap the benefits of this fast-growing renewable energy source without having to raise rates,” Vickerman said. “Southeast Wisconsin could very well become the Solar Energy capital of the Midwest.” The PSC also approved a “bulk purchase premium” of 1.5 cents/kWh for Energy for Tomorrow customers who buy more than 70,000 kWh per month. The current premium is 2.04 cents/kWh. The new bulk purchase premium will be become effective October 1 as well. “Interest in buying renewable power is building among businesses, universities, and state and local governments,” Vickerman said. “By offering a discount rate for this customer segment, We Energies should see considerable growth in the amount of renewable electricity sold through Energy for Tomorrow.” In its rate filing for 2006, We Energies proposes to lower the standard premium and the bulk purchase discount by about one-third of the current amount, Vickerman said. We Energies and the Focus on Energy Renewable Energy Program will hold a one-day conference titled Wisconsin’s Solar Decade 2005-2015 on November 3 in Milwaukee. The event will target building owners and businesses interested in entering the solar market, highlighting the benefits of generating electricity from solar energy. RENEW Wisconsin, Milwaukee Area Technical College, Wisconsin Green Building Alliance, and other organizations are co-sponsoring the workshop. More information is available in the calendar on the Web pages of Focus on Energy For more information about Energy for Tomorrow visit the Web site of We Energies here RENEW Wisconsin is an independent, nonprofit 501(c)(3) organization that acts as a catalyst to advance a sustainable energy future through public policy and private sector initiatives. RENEW is a member of the Wisconsin Renewable Energy Network, a subcontractor to Focus on Energy. Visit RENEW Visit RENEW or e-mail Michael Vickerman at: mvickerman@renewwisconsin.org. Next Search for press releases here Submit Press Releases Here

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XsunX Developing New Nano-Crystalline Opaque Solar Cell [General]

05/12/2005 @ 22:23 (GMT +9)

XsunX Developing New Nano-Crystalline Opaque Solar Cell Unique Patent-Pending Four-Terminal Solar Cell Structure Holds Promising Capacity to Deliver Stable High-Performance Thin-Film Devices ALISO VIEJO, Calif., Oct 18, 2005 - XsunX, Inc. (OTCBB: XSNX), developer of Power Glass(tm) -- an innovative solar technology that allows glass windows to produce electricity from the power of the sun -- announced that it has expanded its business opportunities to include the product development of a new opaque solar cell device. This unique four-terminal solar cell design uses a combination of thin film transparent cell technology, derived from the company's Power Glass initiative, with that of a nano-crystalline solar cell. XsunX believes that the combination of these two technologies into a single device holds a promising opportunity to deliver low cost, high efficiency, flexible, and light weight solar cells providing performance characteristics commonly found only in various forms of expensive crystalline wafer technologies. The design of the four-terminal thin film solar cell provides many advantages to existing multi-junction solar cell designs. A primary benefit is that the four-terminal cell does not require electrical current matching between each cell. This circumvents a common problem plaguing multi-junction devices that can cause reduced overall solar cell power output. Stability issues are also addressed through the use of low band gap nano-crystalline junction materials and ultra-thin amorphous silicon materials to create a stable and efficient solar cell stack. Low temperature processing capabilities of this design may further increase manufacturing efficiencies allowing the use of inexpensive plastic substrate materials currently in use by the company. The decision to diversify the company's product base to include opaque solar cell designs was fueled by what the company sees as explosive international growth in the demand for opaque solar cell products and applications. In countries such as China, Japan, Germany, and in the U.S., there is a growing trend supporting the increased use of green building designs promoting the use of integrated solar technologies within building materials. XsunX anticipates that the development of a stable, high-efficiency, thin film solar cell could provide building material manufacturers with a preferred alternative to the use of lower efficiency multi-junction thin films and the more costly multi-crystalline solutions. "In evaluating this technology, we saw it as a perfect opportunity to leverage some of our existing technologies in the development this new solar cell device," stated Tom Djokovich, XsunX's CEO. "Expanding our product base to include opaque solar cells will allow us to offer BIPV solutions for transparent building surfaces such as architectural glass, and the balance of buildings opaque surfaces such as residential and commercial roofs systems. Our business goal has always been to develop products with applications that promote the wide scale use of photovoltaic technologies. We believe that our transparent Power Glass and new opaque four-terminal solar cell technologies will allow us to realize this goal," concluded Mr. Djokovich. About XsunX Based in Aliso Viejo, California, XsunX is the developer of Power Glass -- an innovative Building Integrated Photovoltaic solar technology that allows glass windows to produce electricity from the power of the sun. This proprietary process is intended to allow manufacturers to apply a transparent and photovoltaic glazing to glass and other transparent substrates. When XsunX glazing is exposed to light, the light energy is converted into electrical energy for use as a power source. XsunX believes that its solar electric glazing technology has a number of major market opportunities in the worldwide architectural glass, optical film and plastics markets. Please visit the company's Web site for more information: 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. SOURCE: XsunX, Inc. XsunX, Inc. is a featured Company on RenewableEnergyStocks.com For full details, click here XsunX, Inc. Media Relations (949) 330-8060 Next Search for press releases here Submit Press Releases Here

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