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BGU Licenses Solar Energy Technology to Israeli Start-up

BGU Licenses Solar Energy Technology to Israeli Start-up

July 30, 2008

Alternative Energy, Business & Management, Press Releases

NEW YORK, May 27, 2008 — Zenith Solar, an Israeli startup technology company, has reached agreement with BGU’s technology transfer company, BGN Technologies, to license solar energy technology developed at BGU.

Professor David Faiman led the team that worked on the new technology. He chairs the Department of Solar Energy and Environmental Physics at BGU’s Jacob Blaustein Institutes for Desert Research, and is the director of Israel’s National Solar Energy Center on the Sede Boqer campus.
The solar technology uses mirrors and lenses to focus and intensify sunlight. The system converts the light to electricity, producing much more electricity than traditional flat photovoltaic panels, which are made of silicon. Tested over the past few years, a prototype of the technology achieved a solar energy concentration more than 1,000 times greater than that produced by standard flat panels. The system is up to five times more efficient than standard solar technology, which could make it competitive with oil and natural gas.

The innovative technology is especially attractive because it uses only limited amounts of polysilicon. The cost of that material has increased tenfold in the last few years because demand for traditional photovoltaic panels has skyrocketed, and caused a worldwide silicon shortage.

Zenith plans to test the system at Kibbutz Yavne, an agricultural village near Tel Aviv. The company intends to provide the 250-family community with more than a quarter of its energy needs. Once the kibbutz project is operational, Zenith Solar will begin commercial sales of the technology in Israel and eventually take it abroad.

About American Associates, Ben-Gurion University of the Negev

American Associates, Ben-Gurion University of the Negev (AABGU) plays a vital role in sustaining David Ben-Gurion’s vision: creating a world-class institution of education and research in the Israeli desert, nurturing the Negev community and sharing the University’s expertise locally and around the globe. As Ben-Gurion University of the Negev (BGU) celebrates its 50th birthday this year, AABGU imagines a future that goes beyond the walls of academia. It is a future where BGU invents a new world and inspires a vision for a stronger Israel and its next generation of leaders. Together with supporters, AABGU will help the University foster excellence in teaching, research and outreach to the communities of the Negev for the next 50 years and beyond.

Media Contact:
Andrew Lavin
A. Lavin Communications