What drives down costs for CPV?

The drivers of cost reduction for CPV are the same as those for other solar technologies: efficiency, capacity and reliability.

CPV solar cell efficiency today is 40% in production, considerably higher than traditional PV, which is about 25%. In terms of capacity, CPV systems can generate 40% more energy throughout the day per rated capacity than conventional fixed tilt solar panels in sunny locations. Reliability is tied to CPV technology, CPV systems and to the company designing and manufacturing them. A third-party engineering firm has certified Amonix systems as having a useful life of 50 years.

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