New CVP Cell has been created to capture solar energy at a higher efficiency. JDSU recently announced the release of a new concentrator photovoltaic (CPV) cells with the potential to further harness sunlight within solar panels.
The organisation is currently cooperating with large solar system integrators. They are aiming at installing CPV cells in solar module installation at a global agenda.
Here is clip from JDSU, demonstrating their approach of harnessing solar energy:
Solar concentrated Photovoltaics is a highly efficient technology helping to boost up the productivity of solar power generation. The CPV Industry Report 2010 suggests that CPV system installation will expand with $70 million in America and is expected to exceed $3 billion by 2015. Currently, the CPV market is mainly used by power plants at shopping centers, college campuses and industrial buildings generating between 500 kilowatts to 10 megawatts. The residential roof-top housing market installation generates only 5 KW for each household.
Alan Lowe, president of Communication and Commercial Optical Production at JDSU says that the demand for electricity will rise constantly over the coming years, and there will be a need for affordable and sustainable energy. The technology proposed by JDSU supports this expansion in energy demand.
Greg Sheppard, chief research officer at an analyst firm known as iSuppli says that CPV technology has already shown its efficiency and now larger projects are being launched. In 2011, CPV installations will account for around 100 MW, and it is expected to reach 1 GW by 2015. This particular technology will have a competitive advantage over conventional solar technology, especially in sunny areas like deserts.
Competitive Advantage of JDSU CPV Cells
The JDSU CPV cells are designed to collect the sun’s spectrum in various junctions, enabling a conversion efficiency of nearly 40 percent. It is thus a very competitive system for solar system integrators. The main purpose of the CPV cells is to collect concentrated sunlight at an amplified power of 500 to 1000 times its normal energy volume. There is a multiple of advantages that are derived from the technology such as cost efficiency as cost per KW generated is lower than typical photovoltaic technologies and fewer semiconductor materials used are as well..
JDSU has for several years been concentrating on creating performing solar power technology for the satellite industry. It is only recently that JDSU introduced the CPV technology for land installation. The company does also provide other associated products to solar energy such as digital monitoring technology for smart grids.