XsunX, Inc. (XSNX.OB) Signs Sales Contract to Supply 15 Megawatts of its ASI-120 Solar Modules
XsunX, Inc. announced today that it has entered into a two-year supply contract to sell 15 megawatts of its ASI-120 thin-film photovoltaics solar modules. The company purchasing the modules is a full service solar power company specializing in commercial and solar farm projects located in California and Hawaii. Tom Djokovich, CEO of XsunX, stated, "We are pleased to announce this sales agreement to supply 15 megawatts of our ASI-120 TFPV solar modules. This agreement represents approximately $37 million dollars in total contract value with an initial 5 megawatts valued at $13 million slated for delivery in calendar 2009, and the…