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.
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.
The units are modular and thus easily deployable on or off-grid, and they can be easily upgraded to accommodate future advancements in solar cell technology. To deal with the tremendous temperature of focused sunlight (more than 3,000 ºF!), Sunrgi has developed a proprietary cooling system that keeps the panels safe and sound. Rounding out the tech is a sun-tracking system and a PV cell composition that doesn’t depend on the world’s depleted silicon reserves.
Craig Goodman, president of the National Energy marketers Association, has 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 require and subsidy.”
Sunrgi has built and tested working prototypes, and has announced plans for commercial production in 12-15 months.