Same Energy as Traditional PV at 1/3 the Cost
Because of its tremendous efficiency and energy output advantage, Solergy Cogen CPV™ can cost as little as 1/3 of the price of an equivalent solar power plant using traditional solar panels.
For example, an air conditioning application in a sunny location such as Sicily, Italy, would necessitate the installation of up to 3x more traditional solar panels compared to the Solergy Cogen CPV™ system to generate sufficient energy to power the air conditioners.
Lower Balance of System, Installation, and Maintenance Costs
Since fewer installed units are required with Solergy CPV and Cogen CPV™, customers also save on all auxiliary costs beyond the basic panel cost.
Pays For Itself within 5 Years
In sunny locations with solar energy incentives, such as southern Italy and California, a Solergy CPV system can pay for itself within five years. All of the energy produced after that point translates to profit for the customer.