New Technology Dramatically Improves Solar Efficiency
A Vijayawada-based solar energy equipment manufacturer, Jyothi Solar Power Projects has claimed that by using two new technologies together with the existing PV panel system, 91% of the Sun’s energy could be converted into electrical power. At a meeting to showcase the technologies here on Saturday, P. Lakshminarayana, Director Technical of the company said they had applied for patents.
They include ‘Twintin’, a system based on sensors that could synchronise PV panels with the Sun’s movement, thus capturing maximum heat and a Multi-Junctional Device (MJD) with Nano technology that could instantly convert solar energy into electrical power.
Asked about when the product would be available in the market, he said it would be a few more months for the necessary approvals and stamp of recognition to come. “We have already got patent approvals by the Indian Research Association,” he stated. Government of India would get royalty for 20 years for the first international research patent (Space Solar Exploratory Research).
In two months, the company’s technical team would prove the technology by generating 40 megawatts of solar power in the presence of scientists from the National Aeronautics and Space Administration, USA. A young scientist with Jyothi Solar Power Projects, Prasanna Kumar said the cost would work out to between Rs. 1 and 1.2 lakh per kilowatt of electrical power produced. Currently, he said between 14 and 16 per cent of solar energy was converted into electrical power in India.