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May 09, 2008
SUNRGI Develops XCPV System That Produces Solar Power As Cheap As Fossil Fuels
SUNRGI Develops XCPV System That Produces Solar Power As Cheap As Fossil Fuels
SUNRGI is a company which designs and develops solar energy systems, and they presented their latest project at National Energy Marketers Association’s 11th Annual Global Energy Forum in Washington, DC. They created a technology what could produce electricity from solar power as cheap as coal.
The technology is based on XCPV (Xtreme Concentrated Photovoltaics) which amplifies by 1,600 the energy coming from the Sun. This energy is concentrated on very efficient solar cells which will produce the electricity at a cost of 5 cents per kWh.
Craig Goodman, president of the National Energy Marketers Association, was very excited by this technology and he stated that "Solar Power at 5 cents per kWh would be a world-changing breakthrough. It would make solar generation of electricity as affordable as generation from coal, natural gas or other non-renewable sources, without requiring a subsidy".
Posted by Sun at May 9, 2008 11:07 PM