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Sign upMotion free optical tracking for solar panels
Smart glass design that Boost Energy Generation in Solar Panel by upto 20%
01.
Identification
The biggest challenge in solar generation is the continuous movement of the sun. As the sun moves, the angle of the light that falls on the solar panel changes and hence panels are unable to generate their peak power at all times. Until now, solar farms have only two options. Accept the inherent inefficiency or use mechanical trackers that manually move panels throughout the day. And if you consider residential homes, today they are left with no option but to accept the inefficiency as trackers are not viable for homes. The solution of Motion Free Optical Tracking technology rethinks the possibility of tracking by means of a new solar panel design. And we unleash the possibility of tracking across all solar segments from the farms to the residential homes. Our product is a new type of solar panel with a patent-pending light redirecting prism. Like a sunflower, the smart panel captures more light and bends it towards the solar cell thereby increasing the energy yield by up to 20%.
Label Date
August 25, 2023
By
Renkube
From
India
Maturity stage
Prototype testing in the real world
Looking For
Réseau, Nouveaux clients, Financement
02.
The environmental benefits
- •Motion Free Optical Tracking enabled with Renkube's AI based smart glass design increases the energy yield in solar panels by 20% more
- •The Renkube's prisms redirects the excess light that is not needed for the solar cells towards the ground underneath there by providing 40% PAR (Photosythentic Active Radiation) for plants to grow
- •1 GW of utility solar farm with traditional panels save 1.4 Mega tones of CO2 emission per year (when compared to coal based power), those saving are increased to 1.68 Mega tons CO2 with the Solution
- •This translates to 7 Mega Tonnes of Co2 emissions saved cumulatively for 25 years for a 1 GW scale
- • Dual usage of land: Renkube has built a new type of panel for AgriPV that can enable a farmer to use his 100% land for solar and 100% for agriculture as well
03.
The Financial benefits
- • A 100 MW solar farms spends an additional capital cost of $13M just for the trackers which gives an annual revenue of $3.5M. However with Renkube the additional Capex is $5M for the same benefits
- •The overall payback time for going solar reduces by an year with Renkube's solution
- •Now a farmer can lease his land to the solar developers and get a steady income for renting this land (2.5%- 5% royalty)
05.
Company Profile
Renkube
Renkube is a Solar R&D company who are pioneers in the field of Motion Free Optical Tracking of solar panels.
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Headquarters
06.
Networking Partner
New Energy Nexus
New Energy Nexus (NEX) is a global nonprofit that supports diverse climate & energy entrepreneurs to accelerate the transition to 100% clean energy for 100% of the population.
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Solutions Associated
9
Cleantech Group
The Cleantech Group is a company that supports the development and marketability of clean technologies. The Cleantech Group provides members of its Cleantech network access to capital, investors, research and promotional opportunities. The group also provides advisory services for large corporations and governments. Founded in 2002, the Cleantech Group owns the term "cleantech" as a registered trademark.
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Solutions Associated
49
Cleantech Open
Cleantech Open and the Solar Impulse Foundation, through its World Alliance for Efficient Solutions, have established a synergistic collaboration with the goal of expediting the impact of clean and efficient technologies from all sectors of industry.
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Solutions Associated
12
07.
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Renkube has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.