NovAccess Global Inc (XSNX)

[SolarGuy1977]

Will, you make some good points. CIGS does have some advantages over Si technology, and as you indicate, the actual cell is far more robust. CIGS also does not degrade over time like Si cells do.....most Si module manufacturers only guarantee 80% of the module's nameplate rating over 25 years. Degradation rates are typically between .5% to .75% per year.

But even with the kerf losses associated with slicing Si, and breakage of the ingot during the doping process, financially speaking Si still has a big advantage in dollars/kWh generated.

We could wish CIGS were a viable alternative to Si solar cells, but the market says otherwise. The bottom line: If CIGS modules were even remotely marketable on a competitive basis Tom would still be actively pursuing his CIGS business model. But he's not. Throwing good money after bad is a losing proposition and Tom has recognized this with regard to his CIGS manufacturing technology.

We also need to keep in mind that he does not yet even have a working prototype.....most of the updates we were getting during the R&D period pertained to milestones......the one we never reached was actual production, no small problem.