Pasadena-based Energy Innovations, the Idealab-backed solar concentrator startup headed by Bill Gross, announced a new solar tracking product Thursday. According to Energy Innovations, its RayTracker GC product can be used to maximize the energy yield of a photovoltaic system, and supports not only the firm's concentrators but also other available PV panel types. The company said the tracking system uses microprocessors and GPS-based controllers, and has a 25-year design life. Energy Innovations is looking to develop economically feasible, low-cost, photovoltaic products. The firm has received more than $40M in venture capital, from Idealab; Mohr, Davidow Ventures, and others.
posted on Thursday, May 1, 2008
> Energy Innovations Discloses Customer Wins
> Energy Innovation Spins Off RayTracker
> Energy Innovations Names New CEO
> Energy Innovations Raises $16.5M
> Energy Innovations Acquires Solar Power Integrator