According to the Solar Energy Initiatives Association, as of mid-‐2012, businesses as well as non-‐profit organizations and governments across the United States have deployed more than 2,300 megawatts of solar electric (photovoltaic or PV) systems on more than 24,000 individual facilities. The US Energy Information Administration projects that total renewables use for electricity and heat generation will grow by 2.1% in 2014. EIA expects continued robust growth in solar electricity generation, although the amount of utility-scale generation remains a small share of total U.S. generation at about 0.6% in 2015. Because solar provides predictably priced electricity for 20 to 30 years in addition to the multiple tax benefits, companies like Wal-Mart Stores, Costco, IKEA, Johnson & Johnson, and even FedEx are all adopting solar energy in a big way. This being said, I think the time to look at the industry is now and solar developers are expecting efficiencies to improve materially in the next few years. As technology matures, investments in manufacturing continue, and volume growth enables lower per unit costs. Based on these reasons one solar company that I’ve found to be more undervalued when actually looking at what the company has accomplished to date is XsunX, Inc (XSNX). XSNX has actually identified a niche where it can efficiently generate revenue from projects that much larger solar companies simply pass on because of the overall cost vs profit margin. The company recently announced some good results from the quarter. Revenues continued to improve growing by 60% in its third period while gross margins remained on target in excess of 30%. Now this time last year, the company was still in its development stages but since focusing on commercial solar sales & installation, XSNX is well on its way to having a milestone year. “The other great news is that we are continuing to build sales momentum with a rapidly growing project bid channel now in excess of $10 million in commercial solar system proposals, ” states CEO Mr. Tom Djokovich. For now, I think that solely based on progress and the 3-6 month outlook on the closing potential of its $10m pipeline, this should be one small cap company to watch. Within the last 3 weeks, XSNX also announced that it will be offering unique options for financing and will begin bundling a commercial power management “CPM” technology with its solar power systems. The company’s new offering provides clients with access to increased energy savings and faster payback times for solar energy investments while only adding pennies to the per/watt costs of its systems. As opportunities in this niche continue to arise and XSNX keeps the $10M pipeline full, the opportunity for investors should become even greater. The industry is slated to grow for the next 20-30 years and big business has found that taking advantage of this power solution not only saves on overhead but also helps during tax time! For these reasons XSNX should be something to keep an eye on.
Don’t ever invest based on what I say. Do your own research and consult with a licensed profession before investing. Any statements and opinions given are amateur and biased and should be treated as such. Past performance does not indicate future performance in any way. The performance of all alerts uncompensated and compensated in no way predict the performance of current and/or upcoming alerts. Check the latest SEC filings before investing, and research other information on the risks of investing in microcap companies at www.sec.gov. Investor News Source has been compensated thirtythree thousanddollars by the Company for coverage and market awareness on XsunXInc. A member of INS owns twenty thousand shares of XsunX purchased in the open market which may be sold at any time and could negatively effect price. For important information concerning this email, including applicable disclaimers, compensation consideration, and additional information please make sure to read the information contained within. To view our full disclaimer, click HERE.