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Utah Solar Cell Factory Ready To Churn Out 350 Megawatts A Year
Salem, Utah (SPX) Feb 14, 2007 International Automated Systems has finished its first high-volume run of its new breakthrough solar panels. Nearly 1,000 Kilowatts of IAUS's solar panels were manufactured in a short 24-hour run. On a 24/7 operating schedule, an estimated 350 Megawatts of IAUS panels can be produced annually. In comparison, a traditional photovoltaic (PV) solar module manufacturing plant with a yearly capacity equal to IAUS would cost an estimated $840 Million to construct. IAUS's unique thin-film solar lens can be produced at a fraction of the cost of today's traditional photovoltaic solar panels. IAUS believes its new product is the first solar power technology with legitimate potential to compete with gas and other fossil fuels in the immediate future. Low-cost energy produced by IAUS's new patented and patent-pending solar technology can be used to generate electricity or produce clean fuels such as hydrogen and green methanol (gasoline replacements) at a competitive price. Many experts had predicted that no solar power technology would likely accomplish this milestone before the year 2025. IAUS plans to quickly expand its annual solar panel production capacity this year to 1 Gigawatt, which is enough to supply an estimated $2 Billion in sales per year. "The discovery of economical solar energy is more valuable than oil," said Neldon Johnson, President and CEO of International Automated Systems, Inc. "The sun's energy is free, clean and virtually unlimited. IAUS's new solar technology is a discovery of historic proportions that we hope will revolutionize energy production throughout the world." The world energy market is $3 trillion dollars per year. This $3 trillion does not represent nearly 30% of the world that exists without electricity. Related Links International Automated Systems Powering The World in the 21st Century at Energy-Daily.com Our Polluted World and Cleaning It Up China News From SinoDaily.com Global Trade News The Economy All About Solar Energy at SolarDaily.com Civil Nuclear Energy Science, Technology and News All About Solar Energy at SolarDaily.com
HelioVolt And Exeltech Announce Collaboration For CIGS-Enabled Solar Energy Systems
Fort Worth TX (SPX) Feb 07, 2007HelioVolt and Exeltech have announced a joint development agreement to commercialize turnkey systems for cost-effective, reliable solar energy generation. The collaboration will draw on HelioVolt's proprietary FASST technology for rapid CIGS thin-film production and Exeltech's core competencies in high performance AC power system design and manufacture. Development and manufacture of the planned solar energy systems will take place at company headquarters in both Austin and Fort Worth. |
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