Saturday, May 10, 2008

Solar Energy as Cheap as Coal

From InHabitat.com May 8, 2008 by Mike Chino:SOLAR ENERGY AS CHEAP AS COAL! "Energy company Sunrgi recently announced an astounding new solar system that will break our grids free from the fossil fuel lockdown. Their Xtreme Concentrated Photovoltaics promise a low-cost, high-efficiency system with an incredible projected energy pricing of 5 cents per kilowatt. This breakthrough puts solar on par with the cost of coal, natural gas, and other non-renewable energy sources." If solar energy is ever going to live up to it’s world-changing potential, it’s going to have to mesh with our existing energy infrastructure, competing with coal and natural gas on price point. While traditional photovoltaic arrays span great expanses and struggle to keep costs down, Sunrgi’s system proposes a novel idea, making better use of fewer expensive materials. The XCPV system is based on a principle blinding in its simplicity: use a magnifying glass to concentrate the sun’s energy into a single high efficiency solar cell. Each unit features a lens that magnifies the sun’s rays 2,000 times, focusing it onto a solar cell that converts more than 37% sunlight to energy. The result is a system that maximizes the potential output of each solar cell while minimizing cost and space required."