Is Five Cent/kWh Solar PV on the Horizon?

On April 29, 2008, a company called Sunrgi announced at the National Energy Marketers Association annual conference that they have a new technology called Extreme Concentrated Photovoltaics which will soon be able to produce electricity at a wholesale cost of 5 cents/kWh. Sunrgi co-founder Robert Block said that the Sunrgi system will become commercially available for both on- and off-grid systems within 12 to 15 months.

The characteristics of this breakthrough technology include: a modular design, making it optimal for mass production, and suitable for small, large, or dispersed applications; a “footprint” which requires sixteen times less land or roof-top space than typical PV systems; solar cells which are one-third the size of today’s thin film solar cells, thereby reducing the cost of solar material; and, the ability to convert 37 percent of the sunlight it receives directly into electricity, while its patented heat transport system keeps the cells cool.

 

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