XsunX, Inc. Investment Into New Market Segment Results in an Immediate Increase for New Solar Canopy Estimates and Sales

XsunX, Inc., a leading solar and energy saving technologies provider, announced on May 17 that the Company’s recent investments into its line of commercial solar carports and canopies is developing a wave of interest, yielding a heightened number of requests for solar carport structure proposals. By enabling the Company to now serve clients looking to turn energy liabilities into energy assets through the diverse use of open areas, management prepares to enter a new and exciting phase of growth.
The Company had foreseen multiple use opportunities by commercial property owners for its carports, canopies, and awning structures that could allow the Company to broaden its appeal and revenue generating opportunities. A recent sale of a canopy to be placed over the exterior storage and work area of a manufacturing company underscored the Company’s anticipated diversity of applications and market interest for canopies.
"This is an enormous market opportunity which makes fabulous use of open space, solar energy, and most importantly, offers clients compelling renewable energy investment advantages for their capital. Being able to empower clients with a range of installation options, without substantial cost increases, greatly enhances the revenue generating potential of our territory. Our corporate vision, as carport and canopy applications gain popularity, shifts to the emergence of new and resourceful ways to put solar energy to use." stated Tom Djokovich, CEO of XsunX, Inc.
He continued: "This is a very exciting time for us. A recent proposal, in review with a commercial client, provided the option to add solar carport structures to reduce monthly utility costs by 85% versus 72% for a roof-top only system. And, most importantly, we were able to offer this client the same per watt pricing for the addition of a solar canopy as our roof-top only system. We believe this provides us a significant advantage in the marketplace."
Having recently completed its strategic changes resulting in substantial cost reductions for its solar canopies, and having revamped its corporate website, the Company plans to aggressively market its line of commercial solar canopies where the Company foresees the opportunity for substantial future revenues and growth.

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XsunX, Inc., a leading solar and energy saving technologies provider, announced on May 17 that the Company's recent investments into its line of commercial solar carports and canopies is developing a wave of interest, yielding a heightened number of requests for solar carport structure proposals. By enabling the Company to now serve clients looking to turn energy liabilities into energy assets through the diverse use of open areas, management prepares to enter a new and exciting phase of growth.

The Company had foreseen multiple use opportunities by commercial property owners for its carports, canopies, and awning structures that could allow the Company to broaden its appeal and revenue generating opportunities. A recent sale of a canopy to be placed over the exterior storage and work area of a manufacturing company underscored the Company's anticipated diversity of applications and market interest for canopies.

"This is an enormous market opportunity which makes fabulous use of open space, solar energy, and most importantly, offers clients compelling renewable energy investment advantages for their capital. Being able to empower clients with a range of installation options, without substantial cost increases, greatly enhances the revenue generating potential of our territory. Our corporate vision, as carport and canopy applications gain popularity, shifts to the emergence of new and resourceful ways to put solar energy to use." stated Tom Djokovich, CEO of XsunX, Inc.

He continued: "This is a very exciting time for us. A recent proposal, in review with a commercial client, provided the option to add solar carport structures to reduce monthly utility costs by 85% versus 72% for a roof-top only system. And, most importantly, we were able to offer this client the same per watt pricing for the addition of a solar canopy as our roof-top only system. We believe this provides us a significant advantage in the marketplace."

Having recently completed its strategic changes resulting in substantial cost reductions for its solar canopies, and having revamped its corporate website, the Company plans to aggressively market its line of commercial solar canopies where the Company foresees the opportunity for substantial future revenues and growth.