Solar, Storage

WEF Names Energy Innovations a 2006 Technology Pioneer

[RenewableEnergyAccess.com] The World Economic Forum (WEF) announced that Energy Innovations was selected as one of its 36 Technology Pioneers for 2006. Energy Innovations is developing a low-cost rooftop photovoltaic (PV) solar concentrator system called the Sunflower. Each Sunflower module is composed of an array of mirrors that track the sun throughout the day and year, concentrating its light onto a small panel of PV cells that generate electricity. By replacing large amounts of very expensive, silicon-based PV cells with inexpensive mirrors, Energy Innovations expects to drive down the cost of solar electricity by half or more. Technology Pioneers are companies that have been identified by the Forum as developing and applying highly transformational and innovative technologies in the areas of energy, information technology, biotechnology and health. The criteria for selection include innovation, potential impact, growth and sustainability, proof of concept and leadership. This year’s class of companies has been selected not only for their cutting-edge work but also because their work has potential long-term impact on business and society.