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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.

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

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

Leaflet | Map data © OpenStreetMap contributors, CC-BY-SA, Imagery © Mapbox

 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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