Antinuclear

This is the world’s first concentrated solar photovoltaic (CSPV) power station just launched by research and development company, RayGen Resources.”The end result is very low cost solar electricity and we think it’s going to really revolutionise solar energy,” said Robert Cart, CEO and co-founder of the company.

The tower acts as a receiver that collects sunlight from the mirrors that are computer controlled to move as they track the sun.”The collector field focuses the light on the receiver. The receiver directly converts that light to electricity,” said co-founder and technical director of RayGen, John Lasich.

The very small receiver is the unique part of this technology. “This is the only commercial version of this technology in the world,” said Mr Lasich.”It combines heliostats and denser photovoltaic cells, which when combined give very low cost and high efficiency.”

At this stage the $3.6 million project is a pilot testing facility. But the company are happy with the results.”It looks and feels pretty much like the real thing does,” said Mr Lasich.

High efficiency meets low costThe small plant generates enough power to run about 75 to 100 homes and the company says the technology is cheaper and more efficient than placing solar panels on roofs……….

The company recently signed a Memorandum of Understanding with their Chinese commercial partners. Juye Solar have invested $6 million which will allow RayGen to expand its manufacturing. They are currently in the process of building a larger facility at the same location.

A further $15 million will be invested by Juye Solar to develop the business in China to meet the large demand……

The ultimate aim for RayGen is to have distribution around the world. “We build the high tech components and software and sell that to the companies and they build the balance of system and put the whole plant together,” said Mr Lasich. http://www.abc.net.au/local/photos/2015/03/31/4207919.htm