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8-K - NovAccess Global Inc. | v199492_8k.htm |
EX-99.2 - NovAccess Global Inc. | v199492_ex99-2.htm |
XsunX Produces CIGSolar™ Cell Devices
That
Surpass 14 Percent Conversion Efficiency
ALISO VIEJO, Calif., October
19, 2010 – XsunX, Inc. (XSNX),
the developer of advanced, thin-film photovoltaic (TFPV) solar cell technologies
and manufacturing processes, today announced the successful fabrication of cells
based upon the Company’s CIGSolar™ technology that surpass 14 percent conversion
efficiency. This achievement supports the Company’s assertion
that small-area, co-evaporation production provides the best platform to deliver
the highest efficiency CIGS based solar cells necessary to compete with and
potentially replace silicon photovoltaic (PV) technologies.
“In only
a few short months since adding our new co-evaporation capability and control
approach to our CIGS process development, we’ve achieved efficiencies of over 14
percent,” said Chief Technology Officer, XsunX, Inc., Robert G. Wendt. “This
efficiency level and the efficiency distribution is a significant achievement.
In addition to achieving high efficiency levels, we demonstrated excellent cell
voltage in the range of 620 to 660 millivolt (mV) clearly demonstrating the
incorporation of gallium near the junction in the cell structure which is
necessary for producing high efficiencies. We are working hard to further
improve on this rapid success so that we can deliver the best possible CIGS
technology to the market.”
Deposition
of the CIGS cell layers was conducted on full size 125 mm square
substrates. Test configurations used to measure efficiency are
identical to that used by the National Renewable Energy Laboratory and XsunX
test equipment is calibrated to the National Institute of Standards and
Technology (NIST) standards.
XsunX is
pioneering a new manufacturing process to produce low cost, high efficiency
thin-film CIGS solar cells through the combination of thin-film photovoltaic
(TFPV) process knowledge with select magnetic media thin-film manufacturing
technologies pioneered in the hard disc drive industries. The company believes
that leveraging small area and high rate production methods will reduce the
processing defects plaguing large-scale production processes currently
implemented in the marketplace.
About
XsunX
XsunX
specializes in the development and commercialization of advanced, thin-film
photovoltaic (TFPV) solar cell technologies and manufacturing processes. We are
currently working to develop new proprietary manufacturing systems to deliver
low cost solar products based on the use of CIGS (Copper Indium Gallium
diSelenide) solar thin-films. Utilizing cross-industry enabling technologies,
these systems are being developed to deliver low cost and high yield front end
CIGS solar cell manufacturing methods coupled with customized backend solar
module assembly and packaging systems.
This CIGS
production technology is being designed as a turn-key solution to either enable
upgrades to existing infrastructure or to establish new large scale solar
manufacturing capacity for the production of CIGS solar cells that can be
utilized in a multitude of applications. We plan to offer joint venture
manufacturing opportunities for this technology to regional partners in a number
of industry types and solar applications.
For more
information please call XsunX at 888-797-4527, or visit the company’s website at
www.xsunx.com.
Contacts:
XsunX
Media Relations: Christina Brozek, Beckerman Public Relations, 201-465-8002
cbrozek@beckermanpr.com
Safe Harbor
Statement
Matters
discussed in this press release contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. When used in
this press release, the words "anticipate," "believe," "estimate," "may,"
"intend," "expect" and similar expressions identify such forward-looking
statements. Actual results, performance or achievements could differ materially
from those contemplated, expressed or implied by the forward-looking statements
contained herein. These forward-looking statements are based largely on the
expectations of the Company and are subject to a number of risks and
uncertainties. These include, but are not limited to, risks and uncertainties
associated with: the impact of economic, competitive and other factors affecting
the Company and its operations, markets, product, and distributor performance,
the impact on the national and local economies resulting from terrorist actions,
and U.S. actions subsequently; and other factors detailed in reports filed by
the Company.
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