Solar system designer SUNRGI said that its patent-pending technology will make it possible to produce electricity at a wholesale cost of $0.05 per kilowatt hour (kWh).
According to a company release, Xtreme Concentrated Photovoltaics (XCPV) uses low-profile technology to concentrate sunlight onto solar cells, which include a cooling system and will be produced in modular systems to optimize mass production and lower the cost of installation.
"We expect the SUNRGI system to become available for both on- and off-grid power applications, worldwide, in 12 to 15 months," says Robert S. Block, co-founder and principal of SUNRGI.
SUNRGI has offices, in Reno, Silicon Valley and Los Angeles.
Website: http://www.sunrgi.com/
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