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HyperSolar, Inc. (HYSR.OB) Announces Successful Completion of Prototype Design of their Thin Solar Concentrator

HyperSolar, Inc. announced yesterday that they successfully completed a prototype design of their innovative thin solar concentrator.

Mr. Tim Young, Chief Executive Officer of HyperSolar, Inc., commented, “Our ultimate goal is to develop an inexpensive and thin solar concentrator for use in replacing expensive solar cells in conventional flat solar panels. After a year of intense research and development, we are excited to report that we have finally achieved a prototype design that we believe can be refined into a commercial product. While this initial prototype is designed to provide 300 percent light magnification, we are aiming for at least 400 percent in our final commercial product.”

HyperSolar, Inc. anticipates the commercial version of the HyperSolar concentrator will be approximately 1 centimeter thick and will be applied as the top sheet on flat solar panels. The initial prototype will be a single micro-concentrator module fabricated at a larger size to facilitate testing and validation of its real-life performance. Once the photonic and optical characteristics of the micro-concentrator module are validated and refined, the design can be easily miniaturized for use in the mass production of the commercial version HyperSolar concentrator.

Upon successful commercialization, a HyperSolar concentrator delivering 400 percent light magnification can reduce the number of solar cells in a solar panel by 75 percent. This significantly reduces the cost per watt of solar electricity.

Mr. Young concluded, “Unlike current concentrated photovoltaic solutions that require bulky mirrors or lenses and sun tracking mechanisms, the HyperSolar concentrator will be a thin and flat self-tracking solar concentrator that conventional solar manufacturers can use in conventional flat solar panels. A HyperSolar concentrator is a concentrator like no other with a multi-billion square feet opportunity. Every square foot of solar panel demand is an opportunity to reduce the number of expensive solar cells by incorporating a square foot of HyperSolar.”

Headquartered in Santa Barbara, California, HyperSolar is developing an innovative technology that magnifies the power of the sun to increase substantially the power output of solar cells. Using innovative photonics and low-cost manufacturing processes, the Company is developing the world’s first thin and flat solar concentrator for standard solar cells. Applied on top of solar cells, the low-cost HyperSolar concentrator can increase solar cell power output by as much as 400 percent. By adding the HyperSolar concentrator, manufacturers can use significantly fewer solar cells in the production of solar panels.

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