Sunrgi, the Silicon Valley start up that says that they will delivery solar power in about one year at prices competitive with coal produced electricity, has been selected to be the only solar company featured at Wired NextFest 2008, a showcase of global innovation that’s transforming the world.
Sunrgi, who I wrote about this spring, has developed a concentrated photovoltaic system that uses lenses to magnify the sun’s rays- as much as 2,000 times, while keeping the solar cells and the solar panels cool. Sunrgi recently unveiled their new patent pending solar system (called the XCPV (Xtreme Concentrated Photovoltaics)), that they say will soon make it possible to produce large amounts of electricity at a wholesale cost of 5 cents per kilowatt hour (kWh) – and that cost includes the cost of the concentrator and 2 axis sun tracking system.
“Solar power at 5 cents per kWh would be a world-changing breakthrough,” said Craig Goodman, president, National Energy Marketers Association. “It would make solar generation of electricity as affordable as generation from coal, natural gas or other non-renewable sources, without requiring a subsidy.”
“In a little more than a year we were able to develop and successfully test XCPV,” said Robert S. (Bob) Block, co-founder and Sunrgi principal. “We expect the Sungri system to become available for both on and off-grid power applications, worldwide, by Q2 2010.”