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Start-up: Affordable solar power possible in a year. SUNRGI

April 28, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

A Silicon Valley start-up says it has developed technology that can deliver solar power in about a year at prices competitive with coal-fired electricity, a milestone that would leapfrog other more established players and turbocharge the fast-growing industry.

SUNRGI’s http://sunrgi.com/ "concentrated photovoltaic" system relies on lenses to magnify sunlight 2,000 times, letting it produce as much electricity as standard panels with a far smaller system. Craig Goodman, head of the National Energy Marketers Association, is expected to announce the breakthrough today.

By Paul Davidson, USA TODAY

Full Story: http://www.usatoday.com/money/industries/energy/environment/2008-04-28-solar-power-sunrgi_N.htm