Date: 13 July 2005
Accordingly, XsunX has chosen PEN as a preferred plastic film for the manufacture of Power Glass solar electric films.
The Company's developing technology for the use of PEN-based films is producing solar cells with properties consistent to those found when using glass to manufacture the Company's solar cell design. This suitability of PEN as a substitute for glass, or other more expensive plastics, provide XsunX with economies in reduced manufacturing costs through the use of less expensive materials. Materials such as PEN-based plastics typically cost about 9 times less than other films currently in use for the manufacture of flexible solar cells.
In addition to their cost advantages, PEN-based films are also readily available from a wide variety of manufacturers. The Company has begun work to establish compatibility of the evolving XsunX process with various manufacturers. This may prove to be a benefit to future licensee's of the XsunX process allowing access to multiple suppliers of PEN-based films.
"Our goal has been to develop flexible, transparent, energy producing films that can be easily manufactured and integrated into building design and materials. This process of adding energy generation capabilities to building materials is today called Building Integrated Photovoltaics or `BIPV'," stated Mr. Tom Djokovich, XsunX's CEO. "Focusing on the use of PEN films will allow us to concentrate our resources on bringing a PEN-based solution to the BIPV market as soon as possible."
"One of the many advantages to the use of renewable energy technologies is that in many instances new and developing technologies provide users with complementary solutions that do not compete for the same space on, or in a building. Deployed across different areas such as roofs, curtain walls, glass facades, in basements and unused portions of parking lots, renewables can be engineered as complementary technologies working together to provide energy independence," explains Mr. Tom Djokovich, XsunX's CEO.
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