Published: January 29, 2013
Via Clean Technica
When V3Solar released information about their Spin Cell photovoltaic cones last year, the details already looked remarkably impressive; they have a smaller physical footprint than flat photovoltaic cells and the capacity to generate up to 20 times more energy for the same surface area. Now Clean Technica has estimates for the Levelized Cost of Electricity from these cones, and—if V3Solar’s calculations are correct—the Spin Cell could be truly revolutionary. Citing a “conservative” estimate, V3Solar states that the cones can generate electricity for eight cents per kWh. Not only is that radically cheaper than current averages for solar PV electricity—28 cents per kWh—but it’s two-thirds of the cost of current retail electricity.