With the help of a $1.9 million ARPA-E grant, Cogenra Solar will develop a hybrid solar system with the cost structure of photovoltaic (PV) and the storage capabilities of concentrating solar power (CSP). The system cost point will enable storage not just for utility-scale power plants but also for distributed commercial and industrial market segments.
The grant comes from the Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) under its new program, Full-Spectrum Optimized Conversion and Utilization of Sunlight.
Cogenra Solar CEO Gilad Almogy, said “This proposed system has the potential to not only meet the cost structures needed for wide adoption of large-scale storage, but it could also do so for the distributed behind-the-meter customers.”
CSP has not followed the PV cost reduction curve and is today viable only for very large, utility-scale projects. Cogenra says it plans to extend its existing low temperature storage solution to higher temperature CSP operation to create a model for energy storage with distributed generation.