Is the Concentrated Photovoltaic Sector Heating Up?

Is the Concentrated Photovoltaic Sector Heating Up?

Concentrated solar photovoltaic energy or CPV is a relative newcomer to the solar power arena and is showing signs of entering into a phase of very rapid growth. It works by concentrating the sun onto a small area of active PV, which operates at around twice the efficiency of normal PV, and promises savings because it requires only a fraction of the photovoltaic material that normal systems require. The DOE has announced a $90 million loan guarantee to support a planned 30-megawatt facility near Alamosa, Colorado.