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RAYGEN

A unique innovative utility scale solar energy technology that utilises a field of low cost heliostat collectors to concentrate sunlight onto an ultra-efficient multi-junction photovoltaic cell array

Total Cost €

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EC-Contrib. €

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Partnership

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 RAYGEN project word cloud

Explore the words cloud of the RAYGEN project. It provides you a very rough idea of what is the project "RAYGEN" about.

junction    mother       cell    40    srl    integrator    benefits    conventional    bridgewater    onto    presently    australian    collector    supply    installations    deploying    pv    capital    receiver    government    efficient    complete    utilises    secrets    semiconductors    holds    partnering    expenditure    lab    proprietary    combines    cells    model    land    cspv    leader    ltd    collectors    mass    energy    raygen    cheaper    extensive    university    leverages    cpv    65    establishing    world    pilot    strategy    sound    south    ultra    record    panels    4x    installation    patents    performance    thermal       area    reliability    nur    cautha    breakthrough    consequently    companies    australia    quantity    efficiency    chain    wales    business    tests    smes    offers    plan    plants    current    verified    validated    independently    mounted    nrel    integrators    trade    plant    concentrate    energie    utility    located    space    company    photovoltaic    central    solar    array    heliostat    renience    commercialization    sunlight    95    intensive    mast    maintenance    easier   

Project "RAYGEN" data sheet

The following table provides information about the project.

Coordinator
RAYGEN RESOURCES LTD 

Organization address
address: 72 GREAT SUFFOLK STREET
city: LONDON
postcode: SE1 0BL
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://www.raygen.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-05-01   to  2015-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    RAYGEN RESOURCES LTD UK (LONDON) coordinator 50˙000.00
2    CAUTHA SRL IT (MILANO) participant 0.00
3    NUR ENERGIE LIMITED UK (LONDON) participant 0.00
4    RENIENCE DI PRIVEQUIT CAPITAL MANAGEMENT SRL SAPA IT (DESENZANO DEL GARDA) participant 0.00

Map

 Project objective

Current utility PV installations require a large quantity of PV panels (semiconductors), space (land resources) and are consequently very capital intensive. RayGen offers a proprietary breakthrough utility scale solar energy technology that utilises a field of low cost heliostat collectors to concentrate sunlight onto an ultra-efficient multi-junction photovoltaic cell array located in a mast mounted central receiver. The technology combines the benefits of traditional PV with solar thermal energy installations and leverages several patents and trade secrets. The RayGen CSPV offers unique value to Energy Utility Companies and System integrators, such as 40% less collector area than CPV as well as 65% plant mass, performance 2.4x higher than conventional PV plants with only 0.1% of PV cells, cheaper and easier installation and maintenance, high reliability and most importantly capital expenditure 95% less than traditional PV. RayGen’s technology is also the leader in PV performance, since it presently holds (with the University of New South Wales, Australia) the world record solar system efficiency of 40.4%, independently verified by NREL. The technology has been validated with extensive lab tests and the Australian mother company is already testing the design in a pilot plant in Bridgewater Australia, supported by the Australian Government. The Phase 1 project will be focused on establishing a complete supply chain, a sound business model and commercialization strategy and to plan all activities for deploying a large scale pilot supported by a major energy utility company and partnering system integrator SMEs Nur Energie Ltd, Cautha Srl and Renience Srl.

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The information about "RAYGEN" are provided by the European Opendata Portal: CORDIS opendata.

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