RayGen

Concentrated Photovoltaics (CPV) That Can Deliver $60/MWh?!

A new Australian solar start-up predicts that its concentrated solar photovoltaic technology (CPV) will undercut both conventional flat plate solar PV technologies and fossil fuel technologies. The Melbourne-based RayGen Resources has raised $1.6 million in a funding round from private investors, including software entrepreneur Craig Winkler, which will allow it to match grants from the Victorian government and the Australian Solar Institute (totalling $2.75 million). […]