Bolymedia Holdings Co. Ltd., a global high-tech company headquartered in Silicon Valley, will announce the company’s first technology for renewable energy at Intersolar Munich, Germany on June 22-24, 2016.
BolySolar is a complete set of solar system technologies aiming to provide the entire world with affordable renewable energy while solving the problems of energy and water shortages. At Intersolar Munich and North America, it will showcase its first prototype of BolySolar Concentrators, a concentration lens system specifically designed for solar energy applications.
The Magic Box is a versatile heat utilization device. Although all existing heat utilization devices can be used in the above system, the company is currently finalizing a new, advanced heat utilization device.
The BolySolar Post utilizes a reflective Fresnel lens to concentrate light into the focal area supported by the Post or any other support structures. Several additional configurations of the BolySolar Concentrators will be announced in the coming months.
“As more than 90% of the PV panels or parabolic/curved mirrors currently in use can be replaced with our flat glass or plastic reflective lenses, the cost of a solar system with the BolySolar Post configuration can be saved more than 50%,” said Dr. Xiaoping Hu, President and CEO of Bolymedia. “BolySolar can achieve a minimum of 40% efficiency by using the highest efficiency PV panels and achieve greater than 60% efficiency with a serial combined use of PV panels and a thermal power device. This increases the utilization rate of the current solar systems by 300%-400%.”
Besides, it can be configured to create useful by-products such as artificial fuel and desalinated water; it produces almost no light pollution, as the reflective lens confines light between the solar energy utilizer and reflective Fresnel lens; it is ideal for street lighting and roadside installations, especially where space is limited.