NYS-based company Prism Solar Technologies was one of the hot new tech companies featured at the Clean Energy Investor Summit this week in Boston. The company has invented a new PV technology, Holographic Planar Concentrator (HPC), a holographic optical film integrated between narrow strips of photovoltaic cells. The breakthrough technology decreases the costs of PV modules by 50%, while still maintaining product performance. Like concentrators, HPC enhances the use of light, and like flat plate modules, it has no extra apparatus for concentrating. A unique capability is that HPC can use use diffuse light, using optical enhancement.
The product is being tested at its Arizona research facility. Prism recently closed on a $5 million bridge round of financing and has raised $15 million to date. It recently moved into a 93,000 sq ft manufacturing facility in New York's Hudson Valley.
