SUNRGI Announces New Solar Energy System To Enable Production Of Price Competitive Wholesale Electricity

SUNRGI, a solar energy system designer and developer, announced a new patents pending solar energy system which it claims will soon make it possible to produce electricity at a wholesale cost of 5 cents per kWh. This price is said to be competitive with the wholesale cost of producing electricity using fossil fuels and a fraction of the current cost of solar energy.

XCPV (Xtreme Concentrated Photovoltaics) is a system that is said to concentrate the equivalent of more than 1,600 times the sun’s energy onto the solar cells. It is claimed that the technology will enable power companies, businesses, and residents to produce electricity from solar energy at a lower cost than ever before.

"Solar Power at 5 cents per kWh would be a world-changing breakthrough," said Craig Goodman, President, National Energy Marketers Association. "It would make solar generation of electricity as affordable as generation from coal, natural gas or other non-renewable sources, without requiring a subsidy."

"In a little more than a year we were able to develop and successfully test XCPV," said Robert S. (Bob) Block, co-founder and SUNRGI principal. "We expect the SUNRGI system to become available for both on- and off-grid power applications, worldwide, in twelve to fifteen months."

What is said to differentiate SUNRGI’s XCPV system from any other solar energy system includes: a proprietary, integrated low profile technology for concentrating sunlight; a proprietary technology and methodology for cooling solar cells; a low cost, modular system optimized for mass-production; less land area or "roof top" requirements than typical solar energy systems; a technology roadmap for continuous improvement; low-cost field installation; and, a custom-designed system for easy operation and maintenance.