In an innovative step forward, RayGen of Australia has combined concentrated solar with utilization of waste heat (through the Rankine cycle) to create cost-effective long-duration energy storage (LDES). I’ll do my best to explain, but if you prefer moving pictures, you can watch the video here. RayGen is touting its … [continued]
Originally published on RenewEconomy. By Sophie Vorrath Award-winning Australian solar technology start-up RayGen Resources is one step closer to building a $5 million manufacturing plant in its home town of Melbourne after securing $2.5 million in funding for the project from its Chinese joint venture partner, JuYe Solar. The proposed … [continued]
Originally published on RenewEconomy by Sophie Vorrath Melbourne-based solar technology start-up RayGen Resources has strengthened its strategic foothold in the booming Chinese market, after sealing a new deal with state-owned renewables giant China Three Gorges allowing for a minimum of 500 MW of capacity to be built using its Australian-made … [continued]
The Australian concentrated solar PV technology (CSPV) company RayGen appears to now be firmly on the incline with its recent winning of the People’s Choice Award in the Australian Technology Competition, as well as its lining up a new deal for a 10 MW demonstration project in China. With the … [continued]
Time for another solar energy news roundup. Enjoy! 3D printing of solar panels may soon be coming to a home near you. (Solar Love) Duke Energy is investing $500 million into solar power in North Carolina. (Solar Love) Goldman Sachs is offering solar PV financing for lower than banks in Japan. (Planetsave) … [continued]
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). […]
