"This report confirms that concentrating sunlight onto a PV cell is gaining in popularity as a viable solar solution," said Tim Young, CEO, HyperSolar, Inc.

"But, to really drive this idea home and bring the cost per watt of solar energy down to prices equal to conventional electricity, the market needs a product that uses concentration techniques in mainstream applications - such as conventional flat silicon panels. This is exactly what HyperSolar offers."

The "CPV Technology Market Status Update and Future Prospects" report by Strategy Analytics concluded the CPV sector is expected to grow by 174 per cent through 2015 to account for four percent of the global solar supply. It was presented last week at Solartech World 2011 in Gwangju, Korea.

The report also highlighted the intrinsic barrier the sector faces due to the fact that most CPV technologies require direct sunlight.

Mr. Young added, "HyperSolar's innovative new CPV approach does not require direct sunlight, nor does it require bulky optical elements or failure-prone tracking devices, as do other CPV technologies."

The HyperSolar layer takes the form of an acrylic "top sheet" that allows a solar cell to produce as much as 400 percent more power. By adding the concentrator, manufacturers can use significantly fewer solar cells, thus dramatically reducing cost.

del.icio.us	Digg	Reddit
YahooMyWeb	Google	Facebook

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS Solar Energy Solutions Tempur-Pedic Mattress Comparison ... Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News