V3Solar’s Spin Cell Cones Could Produce Electricity for the Insanely Low Cost of Eight Cents per kWh

by Charley Cameron, 01/25/13

When V3Solar released information about their Spin Cell photovoltaic cones last year, the details already looked remarkably impressive; a smaller physical footprint combined with the capacity to generate up to 20 times as much energy as the flat solar panels of 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.

Read more: V3Solar’s Spin Cell Cones Could Produce Electricity for the Insanely Low Cost of Eight Cents per kWh — Inhabitat.

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