XsunX Inc. (XSNX.OB) New Technology Receives High Marks in IBIS Associates Study
XsunX Inc. develops advanced, thin-film photovoltaic (TFPV) solar cell technologies and manufacturing processes; the company is currently developing CIGSolar™, a hybrid manufacturing solution to produce high-performance thin-film CIGS solar cells as an alternative to more expensive silicon solar cells. XsunX today said it received positive feedback from a study done by IBIS Associates Inc., a technology strategy and business development consulting company focused on advanced materials and manufacturing technologies. The study observed the potential impact of XsunX’s CIGSolar technology in the global solar market, especially in regards to its efficiency and saving capabilities. IBIS determined that CIGS-based solar cells could…