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Friday, May 2, 2008

SUNRGI XCPV Solar to Produce Electricity @ 5 Cents per KWh

The SUNRGI solar system uses a special lens to magnify sunlight more than 1,600 times to produce a very bright, powerful, focused spot of light

A new patents pending solar energy system will soon make it possible to produce electricity at a wholesale cost of 5 cents per kWh (kilowatt hour).

This price is competitive with the wholesale cost of producing electricity using fossil fuels and a fraction of the current cost of solar energy.

XCPV (Xtreme Concentrated Photovoltaics), a system that concentrates the equivalent of more than 1,600 times the sun s energy onto the world s most efficient solar cells, was announced today by SUNRGI, a solar energy system designer and developer, at the National Energy Marketers Association s 11th Annual Global Energy Forum in Washington, DC.

The technology will enable power companies, businesses, and residents to produce electricity from solar energy at a lower cost than ever before

Ref: SunRGI, see also this article

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