XsunX to Sell 4-MW of Thin-film Solar Modules

XsunX Inc. announced that it has entered into a two-year supply contract for the sale of 4 megawatts (MW) of it ASI-120 TFPV solar modules to an Oregon based firm that has specialized in commercial solar project development for more than 20 years.

“We are pleased to announce continued progress in our business development efforts with this sales agreement to supply 4 MW of our ASI-120 TFPV solar modules,” said Tom Djokovich, CEO of XsunX. “This agreement represents approximately US $10 million dollars in total contract value with an initial 2 MW slated for delivery in calendar 2009, and the remaining 2 MW balance for delivery in calendar 2010.”

This deal means that XsunX has now signed sales contracts to supply 19 MW of its modules to various clients with a total combined value of US $47 million.

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