Northwest Renewable News

Your Daily Source for Renewable Energy News in Oregon, Washington, Idaho, Montana & Northern California

XSunX drops $50M plan in Wood Village, OR September 12, 2009

Filed under: Manufacturing,Oregon,Solar — nwrenewablenews @ 7:58 pm
Tags: , , ,

The CEO of a once-promising solar company is furious at state lawmakers for rejecting a tax break and has abandoned plans to build a manufacturing plant in Wood Village.

Aliso Viejo, Calif.-based XSunX Inc. arrived in Portland in 2007 with plans to open a 90,000-square-foot plant to make thin-film solar modules with an initial capacity of 25 megawatts.

The company planned to grow to a capacity of 33 megawatts and 150 workers, leasing a facility owned and recently vacated by Merix Corp.

CEO Tom Djokovich said the company had nearly $50 million in financing lined up to outfit the plant and was awaiting state approval for its Business Energy Tax Credit application.

Erik Siemers, Portland Business Journal – http://portland.bizjournals.com/portland/stories/2009/09/14/story1.html

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One Response to “XSunX drops $50M plan in Wood Village, OR”

  1. Jens Jacob Sander Says:

    Your comments on XsunX Inc. seems outdated, see the company’s web site.


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