XsunX Developing Solar Film for Buildings' Windows
See-through thin film plastic Power Glass integrates solar
collection capabilities in a cost-comparable substrate to existing film
products, taking energy gain into consideration.
VIEJO, CALIF., USA - XsunX, Inc. (OTCBB: XSNX), developer of Power Glass --
an innovative solar technology that allows windows to produce electricity from
the power of the sun, announced today that its recent development of transparent
solar cells on thin-film plastics has moved the Company closer to its goal of
having its Power Glass technology used in the design and construction of
modern buildings. The Company's Power Glass initiative is driven by the growing
worldwide interest in the building integration of renewable energy systems.
The process of integrating energy producing technology into building design and
materials is known as Building Integrated Photovoltaics or ``BIPV.'' In the use
of BIPV technologies, the solar power elements actually become an integral part
of the building, often serving as the exterior weathering skin. The Company is
working to commercialize its Power Glass technology for applications in the
worldwide architectural glass and building material markets as a BIPV
The rising demand for electrical power generation sources is fueling the robust
growth in international markets of installed solar electric systems. In the
U.S., this demand is anticipated to grow substantially from less than 0.4 GW in
2003 to 200GW by 2030. This growth in installed solar systems would equate to
the same amount of new solar electrical production by 2030 as building 40 new
large nuclear facilities. For an approximate comparison, a large nuclear power
plant generates about 5GW of power.
"Electrical power generation is rapidly becoming an issue of not how much
fuel is needed to meet growing power generation demands, but rather the cost of
building new power generation facilities, distribution networks, and dealing
with the environmental impacts,'' said Tom M. Djokovich, CEO, XsunX, Inc.
XsunX believes that the use of inexpensive plastics to produce rolls of
thin-film transparent solar cells may represent a high degree of commercial
viability to the multi-billion dollar glass and high performance coatings
industry. The use of plastics is very prevalent in the thin films industry for
the manufacture of non energy producing films that control solar heat and UV
rays in windows worldwide. The Company intends to integrate the use of these
types of films into the scalable aspects of its patented reel-to-reel
manufacturing process to produce rolls of transparent solar cells.
XsunX, Inc. is developing Power Glass and plans to market this solar cell
structure and manufacturing process as a competitive alternative to non-energy
producing coatings and glazing for applications in the worldwide architectural
glass, optical film, and plastics markets.
XsunX, Inc. is a featured Company on RenewableEnergyStocks.com
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SOURCE: Press Release
Tom M. Djokovich
Page posted by Sterling
D. Allan June 8, 2005
Last updated December 24, 2014