Home > Press > RUSNANO invests in production of new generation high-efficiency solar power plants
The Supervisory Council of the Russian Corporation of Nanotechnologies (RUSNANO) approved the project aimed at production of nano-heterostructure photoconverters with the efficiency reaching 37-45%. Solar modules and new generation power plants, equipped with Fresnel lenses and sun tracking system will also be produced under the auspices of the project. It will commercialize the outcomes of research conducted in the Ioffe Physical Technical Institute in the field of fundamental scientific and technical principles and technological basis for constructing the main blocks of concentrator solar photovoltaic plants.
RUSNANO invests in production of new generation high-efficiency solar power plants
Russia | Posted on December 13th, 2009
The concentrator solar power plants will employ: 1) new generation of cascading solar cells, based on nanoheterostructures for photoelectric conversion of concentrated light; 2) Fresnel lenses, that provide 900-fold solar power concentration; 3) high-precision sun-tracking systems.
The proposed concentrator photovoltaic modules accurately focus the solar light falling on the 50x50 mm Fresnel lens surface to the highly efficient cascade solar cell with size of less than 4 square millimeters. This way solar modules do not overheat due to specially designed naturally cooling heat sinks.
Cascade solar cells used in tandem with the concentrators will be produced with a CVD (chemical vapor deposition) method modified for use with different semiconductor materials on germanium substrate.
"It should be noted that concentrator technologies are more efficient and provide the most cost effectiveness in the long term. Development of concentrator technologies is more preferable while in the situation of silicon shortage", says Sergey Polikarpov, RUSNANO managing director.
A full production cycle, which includes cultivation of nanoheterostructures, chip manufacture, modules assembly, sun-tracking systems production and solar photovoltaic plants assembly, will be created under the project. The total capacity of the new power plants is to be about 85 MW per year. It is expected that in 2015 the project company's revenue will exceed 130 million Euros. RUSNANO, Module Solar AG and "Solnechniy Potok" (Solar flux) company, established by the key developers of technology, are taking part in the project company chartered capital. RUSNANO will invest 1 290 mln rubles in cash and the other members of the project will also provide funds and intellectual property totaling 1290 mln rubles. In addition, the project is expected to raise 3150 mln rubles from investors. The total budget of the project is estimated as 5730 mln rubles.
The Russian Corporation of Nanotechnologies (RUSNANO) was established in 2007 by the Federal law ¹ 139-FZ to enable Government policy in the field of Nanotechnology.
To accomplish this task, RUSNANO co-invests in nanotechnology industry projects that have high commercial potential or social benefit. Early-stage investment by RUSNANO lowers the risk of its investment partners from the private sector.
RUSNANO participates in building nanotechnology infrastructure, which includes the nanotechnology centers of excellence, business incubators and early stage investment funds. RUSNANO provides scientific and educational programs that are required for its investment projects to succeed, and also supports the popularization of nanoscience and nanotechnology. RUSNANO selects promising spheres for investment based on longer-term foresight created by the leading Russian and world experts.
To assist the Russian nanotechnology industry advance to the global market and strengthening of its international links RUSNANO develops partnerships with the leading nanotechnology centers in the world and organizes the annual Nanotechnology International Forum in Russia.
For more information, please click here
P.: +7 495 5424444
F.: +7 495 5424434
Copyright © RUSNANO
If you have a comment, please Contact
Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.
News and information
Pioneering breakthrough of chemical nanoengineering to design drugs controlled by light June 18th, 2013
Study Shows How the Nanog Protein Promotes Growth of Head and Neck Cancer June 18th, 2013
New Method to Synthesize Zinc Oxide Nanoparticles with High Catalytic Activity June 18th, 2013
Production of Polyaniline Biosensors Modified with Conductive Polymer Composites June 18th, 2013
3-D printing could lead to tiny medical implants, electronics, robots, more June 18th, 2013
Working backward: Computer-aided design of zeolite templates: Rice scientists apply drug-design lessons to production of industrial minerals June 17th, 2013
An Innovative material for the Green Earth: Simple and inexpensive process to make a material for CO2 adsorption June 17th, 2013
Discovery of new material state counterintuitive to laws of physics June 14th, 2013
Dr. Ben J. Lipps designated as Chairman of the Management Board and Chief Executive Officer of Nanostart-holding MagForce AG June 17th, 2013
Harris & Harris Group Notes Carl Zeiss' Planned Acquisition of Xradia June 13th, 2013
Long Island Capital Alliance Announces Participants for Biotech Technology Transfer Capital Forum: Event to Be Held on June 14 in Collaboration With Cold Spring Harbor Laboratory June 8th, 2013
Iran to Hold Int'l Forum on Nanotechnology Economy (IFNE2013) May 30th, 2013
Imec presents 4K2K CMOS image sensor together with Panasonic: The co-developed imager sensor chip targets high speed, high resolution imaging applications such as next generation HDTV June 18th, 2013
European Technology Platform for Nanomedicine and Nanomed2020 European Consortium Launch the Nanomedicine Award June 17th, 2013
SEMATECH to Address Critical Supply Chain Challenges and Present Latest Technology Advances at SEMICON West 2013 June 17th, 2013
SEMATECH Names William R. Rozich Chairman of the Board June 13th, 2013
Polymer-coated catalyst protects "artificial leaf" June 17th, 2013
Further research on effects of nanomaterials: BASF participates in BMBF research project on safety of nanomaterials: Results allow easier and faster evaluation of nanoparticle behavior June 12th, 2013
Graphene and semiconductor technology together: smaller, cheaper, better June 12th, 2013
Space Solar Power: Key to a Livable Planet Earth June 10th, 2013