Banyan Energy ceased operations in August 2016.

 

Solar manufacturers are struggling to stay cost-competitive in an over-supplied industry with rapidly falling prices. Banyan Energy’s OptiWave™ solar concentration technology fundamentally transforms the economics of the solar power industry.

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Banyan optics integrate into standard solar modules, allowing the world’s leading manufacturers of high-efficiency crystalline silicon solar cells and modules to dramatically lower costs and increase return on capital.

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Banyan’s OptiWave™ technology, based on a breakthrough in waveguide optics, increases power output from each cell by 5-10x.

 

This enables manufacturers to produce modules with high power output using a fraction of the number of cells by 80-90%. And OptiWave™ technology leverages existing infrastructure: the same cells, manufacturing processes, and system integration practices that dominate the solar industry today.

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Modules containing Banyan technology are deployed in one of the fastest growing market segments in the solar industry: large, ground-mounted, single-axis tracked installations. The cost of electricity is reduced, thus giving manufacturers a strong competitive advantage.