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Quadra Solar Achieves Highest PV Module Efficiency - Company achieves 32.2% PV module efficiency, the highest reported in the industry
Quadra Solar Achieves Highest PV Module Efficiency

 

PRZOOM - /newswire/ - Ottawa, Ontario, Canada, 2010/05/18 - Company achieves 32.2% PV module efficiency, the highest reported in the industry.

   
 
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Quadra Solar Corporation today announced it reached 32.2% PV module efficiency for its iPyramid™ Concentrated Photovoltaic and Thermal (CPVT) system. The combined PV and Thermal efficiencies are over 62%. With additional planned improvements, Quadra Solar expects to raise its PV module efficiency to over 35%, in additional to a matching amount for the Thermal.

“This achievement marks a milestone in the solar industry’s evolution toward providing truly sustainable energy solutions,” said Ra’ed Arab, Quadra Solar chief executive officer. “Quadra Solar is proud to achieve the highest module efficiency and lead the way toward clean, affordable solar electricity.”

Quadra Solar's planned iPyramid™ solution not only maximizes conversion efficiencies such as PV and Thermal but also non-conversion ones such as space and tracking efficiencies. Our 3-Stage low profile tracking technology maximizes space utilization and reduces shading, thus designed to be the perfect solar solution for the commercial and residential flat rooftop markets.

The iPyramid™ system will have 4 to 6 times the overall efficiency compared to a solar panel based flat rooftop system. Mr. Arab added “Quadra Solar plans to be the leader in the commercial flat rooftop market, the largest segment of the solar market estimated at $5.5B annually in the US alone”.

Mr. Arab expressed thanks to the Canadian government for making today’s milestone possible. “Without forward-looking government programs supporting solar electricity, we would not have been able to invest in increasing efficiencies and thus bringing down the cost of solar energy.”

About Quadra Solar

Quadra Solar Corporation (quadrasolar.com) is a developer of complete solar modules and tracking provides comprehensive integrated PV and Thermal solutions that significantly reduce solar electricity costs. By enabling clean, renewable electricity at competitive prices, Quadra Solar provides an economic and environmentally responsible alternative to existing peaking fossil-fuel electric generation. Quadra Solar is focused on creating cost-effective solar energy solutions that protect and enhance the environment.

 
 
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Agency / Source: Quadra Solar Corporation

 
 

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Quadra Solar Achieves Highest PV Module Efficiency

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Contact: Ra'ed Arab - QuadraSolar.com 
613-255-5111 media[.]quadrasolar.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Quadra Solar Corporation securities in any jurisdiction including any other companies listed or named in this release.

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