Green Options

A new study from Greenpeace, the European Solar Thermal Agency, and the International Energy Agency’s SolarPACES Group has shown that concentrated solar power (CSP) could generate a quarter of the world’s energy needs by 2050–and create thousands of new jobs and prevent millions of tons of CO2 from being released.

Earlier today, concentrated solar company SolFocus announced that it has signed a deal to install over 10 MW of its systems in Spain for EMPE Solar. Upon its completion in 2010, the $103 million, multi-site project will be the largest concentrated solar deployment in the world. SolFocus estimates that the project will be able to meet the domestic energy requirements of 40,000 homes.

A few weeks ago, I posted a brief introduction to Morgan Solar, a Toronto-based start-up that has invented a new method for building simple and cheap solar concentrators. Many of you asked for more details, so I asked Nicolas Morgan, the company’s Director of Business Development, some in-depth questions about Morgan Solar.

The Republican presidential nominee expects a 29% increase in electricity demand by 2030, and wants 45 new nuclear power plants built by then. Industry estimates put their cost at $7 billion each.

Morgan Solar, a Toronto-based company launched last summer, believes it has the answer to creating simple and cheap solar concentrators.

While other companies are working to make solar cheaper by using mirrors or lenses to magnify sunlight that is directed into solar cells, Morgan Solar takes a different approach. Their system uses a thin sheet of acrylic to concentrate sunlight 750 times. The sunlight is directed to a tiny cell on the edge of the plastic, greatly reducing the amount of material needed.