Saturday, February 17, 2007

Solar Power Breakthrough?

If it works as promised, it has the potential to revolutionize our electrical grid. It's a new solar panel technology that is said to be able to produce electricity as for about the same cost as what we now rely on fossil-fuel powered generating plants to produce.

Behind it is John MacDonald of MacDonald Detweiler fame which became MDA Technologies, the company that created the Canadarm used on the space shuttle. MacDonald at 70 has come out of retirement to serve as chairman and chief executive of Canada's only solar panel-maker, Day4 Energy Inc.

Day 4's science genius is a Russian physicist, Leonid Ruben, who MacDonald met in Moscow. During their meeting, Rubin revealed the solar panel breakthrough. The new science allows much more electricity to be generated and harvested than from conventional, solar panels.

Of course there is a lot of difference between producing a workable prototype and ever getting the new technology into production but, with the current appetite for renewable energy, Day 4 is about as well positioned as it could ever hope to be.

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