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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. €

0

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.

south    receiver    sound    cheaper    raygen    photovoltaic    independently    government    renience    bridgewater    collectors    integrator    space    utilises    sunlight    breakthrough    university    wales    located    tests    verified    solar    australia    holds    1    central    commercialization    mass    lab    area    companies    patents    65    utility    easier    energy    quantity    cautha    establishing    4x    plants    expenditure    leader    onto    offers    efficient    plan    40    proprietary    plant    srl    world    integrators    current    nrel    collector    supply    strategy    installations    energie    installation    smes    4    leverages    mast    company    ultra    land    semiconductors    reliability    concentrate    performance    pilot    pv    cells    validated    combines    australian    complete    trade    partnering    model    efficiency    heliostat    cell    nur    business    chain    mounted    intensive    cpv    mother    presently    thermal    deploying    secrets    capital    conventional    cspv    record    95    consequently    extensive    junction    ltd    benefits    array    panels    maintenance   

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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