In a stunning revelation, today Santa Clara based solar technology company GrumbNeeth announced a major breakthrough in solar energy conversion. The company unveiled a device called S-Gars based on nano organic materials which it claims converts the full 100% of sunlight's energy content into usable energy and stores it on site.
Details of the core technology in S-Gars were not disclosed other than that advanced nanotechnology is extensively used. "The device actually self assembles at a molecular level. There is no clean room or need for an exotic manufacturing environment. We could manufacture S-Gars outdoors in the open air." revealed GrumbNeeth CEO. "We believe that in volume production, we can manufacture S-Gars for less than a penny per Watt." Currently, one watt of power by standard photovoltaic technology is more than 300 times that cost.
An energy analyst commented, "Most companies are happy to tout efficiencies of 30% as an achievement. Nobody has even been dreaming of this kind of efficiency. If this claim bears out, the GrumbNeeth's technology would undercut the cost of wholesale Coal and Nuclear power by orders of magnitude."
Asked about the environmental impact of the manufacturing process, GrumbNeeth's CTO explained, "Not only is the manufacturing process extremely low in energy and material consumption, but when in operation, it actually removes carbon dioxide from the air."
But some challenges in production were suggested, "The manufacturing process is actually quite slow, taking six to eight weeks per batch, but we believe the batch size can be made extremely large." the Vice President of manufacturing explained. "Best of all, the self assembling nanotechnology of S-Gars allows it to be manufactured almost anywhere in the world using local materials."
The football field sized, 2MW prototype system presented converts enough energy to power a thousand homes. GrumbNeeth's Marketing Director envisions a future where "Every house in every neighborhood will be characterized by a small array of S-Gars in the front and back yard. This is going to change everything.
