Sunvalley Solar to File for SBIR Funding for Surface Plasmon PV Concentrator Solar Technology

Sunvalley Solar, solar systems solutions providing company, declared that it has made an application for Small Business Innovative Research (SBIR) funding provided by the Department of Energy (DOE) for its Surface Plasmon PV Concentrator.

Solar technology of today utilizes concentrated PV modules to provide cost effective power solution for solar systems. Most of the currently available PV concentrators are manufactured to lessen the costs of photovoltaic systems that are built with bulk Si or other type of semiconductor products. None of the currently offered PV concentrators can be used with the thin film PV cells because of the used thinner sized layer and its lower level of production costs. The Surface Plasmon PV concentrator invented by SunValley Solar is meant for use along with thin film photovoltaic cells. The first of its kind concentrator utilizes surface plasmon resonance especially made for use with thin film PV cells.

Fang Xu, Sunvalley Solar’s CTO, said that his company has an efficient research team that concentrates on advanced solar energy application expertise that aids in increasing the production efficiency of the PV panels while reducing the cost of its production. He added that the technology patented by his company is suitable for commercial production of solar panels at reduced cost. He concluded saying that his company will work on the product for further innovations.