After announcing earlier in the week that it had added 50kW in signed projects to its PV system development and installation services pipeline, XsunX Inc of Aliso Viejo, CA, USA, which is developing hybrid copper indium gallium (di)selenide thin-film (CIGS) photovoltaic (TFPV) cell technologies and ‘CIGSolar’ manufacturing processes, has announced the sale of an additional 20kW commercial solar system in Southern California.
“We are even more pleased with the response to our media marketing campaign that was launched last week targeting major Southern California communities from Ventura to San Diego,” says CEO Tom Djokovich.
Southern California represents one of the largest commercial PV system markets in the USA. “Business owners with large facilities and large electric bills are contacting us to see how XsunX can help them,” adds Djokovich. “We are just now starting to get our message out and the response has been very good.”
XsunX says that it has specifically targeted the commercial and industrial PV installations market for several reasons. While the sales cycle can be more complex and lengthy, the projects offer the firm the ability to generate system sales approaching 1MW or more and potentially millions of dollars in contract value. In addition, commercial PV systems offer clients the largest cash benefits, and return on investment.
To help secure sales, XsunX can now offer system financing to its customers. “Our goal was to make buying a commercial PV system as easy for our clients as buying a car,” says Djokovich. “We recently qualified to offer up to $1m of project funding, which completes our ability to offer the best project financial analysis, PV systems design and technologies, and zero down low interest financing.”
