Soltec Renewable Energies has presented its new ultra-high-concentration PV (CPV) module, the SOLTEC GP-1500, at the Solar Power International Exhibition (Anaheim, Oct. 27-29). The release follows more than two years of research and development.
According to Soltec, the main features of these modules are high efficiency, wide acceptance angle, compact size, cost effectiveness and high reliability.
The optical design, based on the well known Cassegrain reflecting telescope, uses mirrors to concentrate sunlight approximately 1500 times over triple-junction cells of the highest efficiency.
The SOLTEC GP-1500 modules have 80% more power density than conventional modules, which allows a significant reduction in the Levelized Cost of Energy (LCOE), the company says.
Soltec expects to achieve grid-parity once multi-Megawatt production volumes are reached. Low cost optics and high module efficiency – over 25% – will make this possible.
The company is active in turn-key photovoltaic installations, providing everything from the planning stages, to EPC, finance and maintenance of the plants. It additionally may provide single or dual axis trackers, according to the project. Soltec is in the process of opening up offices in the US to serve the North American market.