XsunX, Inc. has developed and begun to market a hybrid manufacturing solution to produce high performance Copper Indium Gallium (di) Selenide (CIGS) thin film solar cells. Our patent pending deposition system and thermal evaporation processing technology, which we call CIGSolar(TM), focuses on the mass production of individual thin-film CIGS solar cells that match silicon solar cell dimensions and can be offered as a high-efficiency, capital-efficient, lowest-cost alternative to the use of silicon solar cells. We are offering licenses for the use of the CIGSolar(TM) process technology through which we will generate revenue on equipment, licensing fees, and long-term manufacturing royalty revenues. Our thin-film CIGSolar(TM) cells are the first solar cell technology to target an existing multi-billion dollar silicon solar cell supply chain as a less costly alternative. The CIGSolar(TM) solution offers the potential to revolutionize the solar industry offering the highest yield CIGS manufacturing technology available in the market today. XsunX Technology Advantage The US National Renewable Energy Laboratories (NREL) recently certified peak conversion efficiency of 16.36% with an overall average of 15.91% for XsunX CIGSolar(TM) samples. The key to delivering this potential is an innovative new approach that bridges the gap between inexpensive thin-film and high efficiency silicon wafer technologies to produce a new breed of solar cells combining the best attributes of each technology.
2024-11-18
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