Yes! Says a new Start-up based in Silicon Valley called "SUNRGI". They've developed a "concentrated photovoltaic" system that uses lenses that magnify sunlight 2000 times. This smaller system will produce as much electricity as standard sized panels.
Long story short-they aim to have this system producing electricity at 7 cents a kilowatt hour and that will include installation! SUNRGI plans to debut the lens based system in mid 2009.
Here's the rest of the story by Paul Davidson at USA Today.
3 comments:
This would be great if this thing can do as advertised!
I have a few ideas where I could put it in my yard to generate power.
nice, i think solar power will be the next big thing to come out. people and the government itself are finding a way to generate solar power as the next source of energy and it will be expensive or affordable depends on the market or upon advertising! Solar Power in Queensland
Analysts that follow the solar power industry are predicting the cost of solar installations will be lowering to the point subsidies won't be needed.
This will take years for a lot of regions but it will eventually happen.
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