If you’re keen into reading about new technologies, it’s easy to notice developments all around the world taking place by the day, if not by the hour. The renewable energy sector has been no exception – New gadgets and unique ways to harness energy are making the wildest dreams of today become the legitimate possibilities of tomorrow.
Despite most recent technological advances, if you’re familiar with solar energy it’s easy to find articles validating that the greatest vice of the industry is its inability to compete with the costs and efficiencies of energy mainstays like oil, coal, and natural gas.
With that said, V3Solar is claiming to have created a new solar device that will not only compete with big energy, but the levelized costs of energy (LCOE) will be “two-thirds the price of retail electricity and over 3 times cheaper than current solar technology’. This is a “conservative” estimate, as independent consultant Bill Rever confidently puts it, but tests show the new device is achieving 8 cents per kilowatt hour of generation. On a larger scale, if 8 cents per kWh becomes attainable for solar energy, it would silence the pundits who express discontent about the sector receiving a substantial amount of tax breaks and exemptions that currently aid solar companies.
Because it’s dubbed the ‘Spin Cell,’ most can probably guess one part of what makes the new device so special. The rotating motion of the device works to keep it cool, much like a summer breeze hitting our skin to prevent us from overheating. As a result, its performance is impossible for a regular panel to match. In fact, one photovoltaic (PV) cell can handle a concentration of energy equal to 30 suns, improving the efficiency of the PV by 20% over most standard panels. As V3Solar’s informational video says, “we make the photons dance!”
The Spin Cell also has one more trick up its sleeve – it’s not a flat panel. Their report states, “For too long, the world believed solar was flat…[but] using specialized lensing and a rotating, conical shape, the Spin Cell can concentrate the sunlight…with no head degradation.” In other words...
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