Sunvalley Files SBIR Grant Proposal Based on Efficient Solar System Technology
PR Newswire “Press Releases US – English”
WALNUT, Calif. , Nov. 19, 2010 /PRNewswire/ — Sunvalley Solar , Inc. (OTC Bulletin Board: SSOL), a leading solar power technology and solar system integration company, announces the filing for a SBIR ( Small Business Innovative Research ) grant offered by the Department of Energy (DOE).
Concentrated PV structures are believed to offer a low cost solution for solar energy systems. However, the current PV concentrators are focused on lowering the costs of PV systems built with bulk Si or other semiconductor materials. No currently available PV concentrators are suitable for thin film PV cells because of their thinner layer and lower manufacturing costs. Sunvalley Solar proposed a “Surface Plasmon PV Concentrator” that is designed for thin film PV cells. This will be the first PV concentrator based on surface plasmon resonance and specifically designed for thin film PV cells. This innovative design is based on Sunvalley Solar ‘s patent pending technology.
” Sunvalley Solar , Inc. maintains a strong and efficient research and development team focused on solar energy application technology, especially the advanced research and development needed to increase PV panel efficiency and reduce its cost. The technology we patented can potentially be commercialized for solar panel manufacturing allowing an increase in the efficiency of solar cells while at the same time reducing their cost,” said Fang Xu, CTO of Sunvalley Solar , Inc. He added, “This is just a start. We will continuously work towards design optimization and develop more innovations in this field.”