Kanoda, Inc. today validated Sunrgi LLC’s ‘Xtreme Concentrated PhotovoltaicTM’ (XCPVTM) technology as a promising technology for the race towards grid-parity and even beyond.
The XCPV technology concentrates sunlight up to 2000 times on a highly efficient solar cell, which provides a twofold advantage. The high concentration eliminates the need for large areas for solar cells, while the high-efficiency solar cell performs far better than conventional solar cells even under harsh conditions. The high-efficiency solar cells are developed by Spectrolab, a Boeing subsidiary, using the triple-junction technology, which held the world record and is used in space by NASA.
Kanoda presented this endorsement to Dr. KRS Murthy, CEO of Sunrgi, after a thorough investigation of XCPV’s calculations, prototype and scalability. The XCPV technology qualifies for low-cost mass production, low-cost field assembly and inspection, and low-cost operation and maintenance.
Dr. Omkar Jani, founder and CEO of Kanoda said, “While bulk-silicon technologies dominate the photovoltaic market today, and thin-film technologies such as cadmium-telluride and CIGS are gaining inroads, it is the high-efficiency approach that carries a potential to dramatically diminish the cost of solar electricity.”
Dr. Murthy further added, “Using Sunrgi’s proprietary technology it is possible to produce large amounts of solar electricity at a wholesale price of 5 cents per kilowatt-hour.” Additionally, Sunrgi has developed the proprietary CoolMoveTM technology to efficiently and passively dissipate large amounts of heat generated during photovoltaic conversion, and the AccuTrackTM system to track the Sun while maintaining a low profile.
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