"Our business expansion into solar power project development and construction services received the necessary California state licensing this week,” said XsunX CEO, Tom Djokovich. “The approved license is the last milestone necessary for us to initiate this new programme and publicly market these services. We are very hopeful about closing solar project deals soon.”
The company wants to take advantage of the revenue opportunities for solar power systems development. Current market trends indicate high growth occurring in the solar power market. Moreover, XsunX’s management has extensive solar technology, construction, and project development experience as well as a finance background.
XsunX has been in discussions and reviewing solar power system projects totalling nearly 750 kW for commercial and industrial sites. "Now that we are licensed we can work towards closing these deals and turning our new business development efforts into a success," added Djokovich.