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Solar ♦ news digest


desirable for the sake of the production staff and also makes it easier to begin low cost manufacturing of CIGS solar cells.


Market shifts towards rooftop installations


“The global solar cell market is facing a paradigm shift,” adds Sven Lindström, CEO, Midsummer. “Fewer large solar energy parks are being built in Europe. Instead, focus is moving to installations on large buildings in cities. The lightweight and flexible thin film solar cells are ideal for this use. It is economically and environmentally more beneficial to use solar energy locally, where it is produced.”


“Midsummer’s objective is that our technology shall be a leader in the market segment lightweight, flexible solar panels, and that the company shall grow in tandem with this rapidly growing segment.”


Market shifts towards rooftop installations


According to Sven Lindström, CEO, Midsummer, “The global solar cell market is facing a paradigm shift”. “Fewer large solar energy parks are being built in Europe. Instead, focus is moving to installations on large buildings in cities. The lightweight and flexible thin film solar cells are ideal for this use. It is economically and environmentally more beneficial to use solar energy locally, where it is produced.”


“Midsummer’s objective is that our technology shall be a leader in the market segment lightweight, flexible solar panels, and that the company shall grow in tandem with this rapidly growing segment.”


XsunX revenues boosted


The CIGS solar cell provider has seen increased sale of its new solar systems


XsunX, Inc., a provider of CIGS solar energy solutions, has accelerated the sale of new solar systems, resulting in increased revenues.


The company says it has also met its gross margins target.


Tom Djokovich, CEO of XsunX, comments, “Everything we are doing appears to be headed in the right direction, which has allowed the company to begin to record revenue from completed systems with initial gross margins in excess of 30 percent. At the same time, we have nearly halved our operational costs and losses. With the sales through project delivery cycle requiring about three to six months for commercial systems, we are pleased to see that our early efforts are now resulting in so much positive momentum.”


XsunX works directly with new business customers to document the financial benefits available from solar PV for their businesses, and then provides project design, engineering, and turnkey warranted installation.


In addition, and dependent on the client’s ability to monetise the substantial tax benefits provided through solar investments,


the company offers zero down financing programs that allow customers to save through substantial tax benefits or immediate and meaningful monthly reductions to cash flows delivered through a low cost lease-to-own option.


Djokovich adds, “Our system designs, technology, pricing, and finance options are exceptional and we have been addressing an under serviced area of the solar industry - commercial system sales - with growing success. Our goal now is to add to the millions we have in bids, close more sales, and grow revenues exponentially. We are hiring sales executives to help accelerate our project bid volume. With our added financing programs, and the addition of new sales personnel, we hope to continue our progress towards profitability.”


Ascent Solar CIGS fly aboard Silent Falcon unmanned aircraft


The aircraft is designed for domestic and international commercial, public safety and defence applications


Ascent Solar’s CIGS modules have been employed in the first successful flights of the production Silent Falcon Unmanned Aircraft Systems (SFUAS).


Silent Falcon UAS, jointly developed by SFUAS, Bye Aerospace and Ascent Solar, is a tactical drone designed to be easily deployed, and integrates proprietary, disruptive technology to deliver superior UAS performance.


The patent-pending Silent Falcon is a solar/electric powered, all composite and modular small Unmanned Aircraft System (sUAS) equipped with an interchangeable wing configuration designed for commercial, public safety and defence applications both domestically and internationally.


The Silent Falcon sUAS system


The combination of efficient aerodynamic design, lightweight composite construction and Ascent’s monolithically integrated and ultra-lightweight thin film photovoltaic modules, enables the 25 lb. Silent Falcon UAS a remarkable six to twelve hour flight endurance.


“These first flights represent the culmination of tremendous collaboration between Ascent Solar, Bye Aerospace, and Silent Falcon UAS,” states Joseph Armstrong, Chief Technology Officer of Ascent Solar.


“Overcoming technological challenges, our teams have June 2014 www.compoundsemiconductor.net 95


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