Results for tag: "Concentrated Photovoltaic"

Concentrated Photovoltaics (CPV) is a type of photovoltaic technology that uses lenses or mirrors to concentrate sunlight onto a small area of photovoltaic cells. This allows for higher efficiency than traditional photovoltaic systems, as the concentrated light increases the amount of energy produced per unit area. CPV systems are typically used in areas with high levels of direct sunlight, such as deserts, and are often used in large-scale solar power plants. CPV technology is still relatively new, and the market is still in its early stages of development. However, the technology is gaining traction as the cost of photovoltaic cells continues to decrease. CPV systems are becoming increasingly popular for large-scale solar power plants, as they offer higher efficiency and lower installation costs than traditional photovoltaic systems. Some companies in the CPV market include SunPower, Soitec, Solar Junction, and Suncore Photovoltaics. Show Less Read more