Concentrated solar power, which includes Sun Edge's concentrated photovoltaic technology, is the fastest growing segment within the solar technologies, going from $700 million in 2010 to $3 billion in 2014, a compound annual growth rate (CAGR) of 42% for the period.
Applications
The Sun Edge RCA (rooftop concentrator array) is an ideal solution for peak shaving during periods of high power consumptions, such as hot summer days with high air conditioning demands.
Typical applications include:
- Distributed power for commercial operations (office parks, malls, factories, hospitals, etc.)
- Residential rooftops
- Ground-based or rooftop utility-scale solar power plants