Cheaper Solar Concentrators

Skyline Solar is a startup that has developed a cheaper way to harvest energy from the sun. Here’s how it works: the company’s solar panels concentrate sunlight onto a small area, reducing the amount of expensive semiconductor material needed to generate electricity.

The technology will bring the cost of solar power in line with the average cost of electricity, at least in sunny areas, says Ben Eiref, Skyline Solar’s director of product management. Currently, solar power can be far more expensive than electricity from conventional sources; many governments have resorted to subsidies to increase its use.

Via: Technology Review

Clean Technology, Energy, Environment, Innovation, Renewable Energy, Solar

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