Concentrating Photovoltaic Power (CPV) is hard to do.
If you’re in the High Concentration PV sector, you’re faced with the challenge of precision optical design, precision tracking and mechanical feedback requirements, and material issues. You’re also using compound semiconductor photovoltaic chips, which is a good thing because they’re a very efficient material but a bad thing because their suppliers are low efficiency firms who are just starting to enter commercial commodity production. Solfocus, Concentrix Solar, and Amonix are amongst the many players in this crowded zero-billion-dollar market.
HCPV players are also subject to be victimized by their own hype and bad poetry (see Poetry Slam With Sunrgi).
If you’re a Low Concentration PV player, you were likely funded when the price of silicon was very high a few years ago. And now that the price of silicon has stabilized – most of your value proposition has vanished (see SV Solar RIP).
Skyline Solar is stepping into this fray with a very different approach.
We broke news of Skyline Solar’s funding in October of last year (see VC Rumor Mill: Skyline Solar Funding). But now the firm is officially emerging from stealth-mode and we had a chance to speak with their Vice President of Marketing, Tim Keating, about Skyline’s technology and market strategy.
“We’ve been a quiet company – focusing on our product. We are tooling for higher production, collecting data and working on certification,” said Keating.
“Soon we’ll be unveiling a demo power plant,” he added.
Skyline Solar is working on what they call High Gain Solar, aiming to get tracking silicon performance at thin film prices. In order for it to meet pricing goals, “It has to be built, shipped and deployed in a very inexpensive fashion.” The company claims to be using “excess capacity from the auto industry” to do some of its metal bending and fabrication which stacks compactly for easier shipment and assembly.
The system (see picture above) uses silicon rather than triple-junction PV cells, slightly curved reflectors, integrated single-axis trackers and passive heat sinks. The concentration is in the 10X range, and according to the company uses one tenth of the silicon of flat panel PV with the same Watts per area as conventional solar panels.
The system is vaguely reminiscent of Ausra’s linear fresnel design which uses reflectors to heat water rather than focus on silicon modules.
“Skyline Solar is focused on a single goal as a company – accelerating the deployment of solar energy to meaningfully offset fossil fuel consumption. This requires rapidly achieving grid parity and dramatically improving scalability of PV systems.” said Bob MacDonald, CEO of Skyline Solar.
Skyline received $24.6 million in Round A funding from New Enterprise Associates (NEA), Alf Bjorseth, founder of Renewable Energy Corporation and Scatec Solar, et al. as well as a $3M DOE Solar America Initiative grant (see CPV: Stuck in the Middle and 150 Solar Startups Part 2: CPV).