AUSTIN, Texas--If you can't get the sun to the solar cell, bring the cell to the sun.
That's one of the ideas behind SolBeam, a company that pitched to investors at the Clean Energy Venture Summit here on Tuesday.
The company, which is looking to raise $10 million, is trying to exploit the technique of concentrating sunlight to increase the electricity output of photovoltaic (PV) material. But it wants to break with traditional practices to lower power generation costs, said Daniel Colbert, the CEO of SolBeam who is also a venture capitalist at NGEN Partners.
Many large-scale concentrators … Read more