Utility Scale Solar & CPV Technology With Low Energy Production Costs

Business decisions for utility-scale solar applications often come down to whether or not energy production costs are favorable against traditional as well as against competing renewable technologies.

In a competitive marketplace, Amonix has a strong cost story to tell. The company’s eight generations of technology have enabled the evolution to larger system capacity, higher energy generation per acre deployed, and increased efficiencies.

The introduction of the highly-efficient multijunction cell has been an important aspect in the advancement of CPV technology, bringing utility-scale applications in sunny and dry regions into near grid-parity.

The cost of electricity generation for any resource includes fuel, operations, capital, and finance costs. Although many factors are involved in the calculation, the long term effect of 'free fuel' from a renewable resource, higher related efficiencies, the robust and utility-grade quality of the product, and longer lifetime expectancy result in a lower overall cost of energy-generation for solar power.

Below is a simple comparison of effiencies to other solar solutions as one element of production costs.

Efficiency Comparison Chart

Comparisons based upon published data.

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