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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.

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

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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