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CPVstandsforconcentratorphotovoltaics.Aconcentrating photovoltaic(CPV)systemconvertslightenergyintoelectrical energyinthesamewaythatconventionalphotovoltaictechnology does.Thedifferenceinthetechnologiesliesintheadditionofan opticalsystemthatfocusesalargeareaofsunlightontoeachcell. Solarconcentratorsofallvarietiesmaybeusedwiththebase technologyeitherbeingrefractiveorreflective.Theotherprimary differenceisinthecells.TraditionalPVsystemsutilizelarge amountsofsiliconsolarcells.Incontrast,CPVsystemsutilizea smallamountofhighefficiencysolarcellmaterial.Thesecells usedinhighconcentrationCPVsystemsarereferredtoasmulti junctionorIIIVcells.TheCPVpanelsaremountedontokeepthe focalpointonthecellasthesunmovesacrossthesky.CPVis sometimesconfusedwithCSPConcentratingSolarPower. WhereasPVconvertslightenergydirectlytoelectricity,CSP systemsutilizeheatfromthesystemtogeneratepowerina traditionalsteamenginepowerplantenvironment.
CPVsystemshavemuchhigherefficiencythandotraditionalsystems.Becausetheyareconcentrating, theycanonlyusedirectsunlight,notindirectordiffusedsunlight.Inregionsoftheworldwherethereis highsolarresource,CPVsystemswillproducesignificantlymore energythantraditionalPVsystems.ThefactthattheCPVcellsdonot degradeinperformancewhentemperaturesarehighprovidesanother advantagetoCPVinthehighsolarresourceareaswherehigh temperaturesarecommon.CPVsystemsalsotrackthesun throughoutthedaywhichcorrelatestomoreenergyproductionthatis anexcellentmatchtopeakdemandload.CPVsystemswillproduce electricityatasteadyratelateintotheday,acapabilitynotavailable tofixedtiltPVsystems.
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What is LCOE?