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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.

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

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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