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Morgan Solar announced today that it has surpassed its fund-raising goal and will soon begin work on something they’re calling a Concentrated Photovoltaic (CPV) solar panel.

Solar Panel Diagram
Image by Dave Dugdale via Flickr

Their marketing edge comes from the low cost of the process to make these cells. Most of this advantage comes from a new type of optical focussing system called the Light-Guide Solar Optic, or LSO. Current technology for concentrating optics and panel structures rely on mirrors and lenses. This new system is simpler and will allow the production of a simple, low cost, efficient solar panels that are perfect for the utility companies and distributed generation solar power markets. They are already planning to create products for other markets, including building-integrated solar applications.

After first raising $4.7 million in October, they recently announced they’re now up to $8.4 million, which is enough to  finance activities through to the commercial release of Morgan Solar’s unique Concentrated Photovoltaic (CPV) solar panel – the Sun Simba HCPV.

Here’s a link to their press release.

Related articles about new solar technology:
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This entry was posted by Les on January 6, 2010 at 6:33 pm under Solar Future. Tagged , , , , . You can leave a response, or trackback from your own site. Follow any responses to this entry through the RSS 2.0 feed.

6 Comments

  1. Marc Siegel says:

    Hello,
    I enjoyed learning about Morgan Solar’s work. Thanks.

    Unless I’m missing something, it seems like the attached drawing is not specific to the article. I was hoping for a diagram that helped me understand the optical focusing system but instead I found what looks like a generic solar system electrical block diagram.

    How does that diagram relate to the article’s essence: breakthrough efficiency?

    Thanks in advance for additional insights.
    yours, Marc

    January 7, 2010, 10:38 pm

  2. SolarDave says:

    Les,

    Thanks for using my diagram on your blog. I was wondering if you link to my site instead of the Flickr page? Thanks, SolarDave.

    January 7, 2010, 10:51 pm

  3. admin says:

    Got it done, Dave. Thanks for putting it out there! Les

    January 8, 2010, 8:27 am

  4. admin says:

    Marc, you’re exactly right about the diagram. It’s not specific to the article, but I thought it looked good. Didn’t expect anyone to actually understand it! I don’t claim to be able to make much sense of it with my limited background. I’ll look for a more specific drawing and if I find one I’ll let you know. If you find one first, I’d appreciate a link!
    Thanks
    Les

    January 8, 2010, 8:31 am

  5. Marc Siegel says:

    Hi Les,
    Dunno about a diagram to Morgan’s LSO since their website had squat. No matter, since your article has made me really curious about the current state of optics in panels. Thanks for firing up a new line of inquiry in my solar education.
    Yours, Marc

    January 8, 2010, 9:18 am

  6. SolarDave says:

    Les, thanks for the attribution to my photo.
    Dave

    January 8, 2010, 9:58 am

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