BlueSolar is the first renewable technology which is able to produce dispatchable electricity (at least 4 hours of storage at nominal capacity) under fossil fuel prices. At the same time, it is the first technology to produce dispatchable heat for Industrial Processes more competitive than natural gas due to the cogeneration of the Photovoltaic panels.
The thermal energy cogenerated by the solar panels can then be used for several applications. Main and most immediate is the use of thermal energy storage (TES) as reliable and cost effective alternative to batteries for PV Plants. But many other uses of this smart combination of electricity and heat can be addressed: desalination, industrial process heat, agriculture, city heating/cooling, etc. BlueSolar is completely zero CO2 emissions, suitable for off-grid solutions, no need of fuel supply, scalable and adaptable to some other technologies. SPIRE customized filter designs can be adapted to every location, particular light spectrum and dedicated applications and operation modes.
Moving to performance and economical parameters, BlueSolar beats all: no energy dumping, less land footprint per installed power, more competitive prices than PV + batteries duplicating batteries lifecycle, no degradation as silver mirrors (filters are made of inorganic oxides), less attenuation than current CSP towers, scalable with no need of billionaire investments to get good solar dispatchable energy prices, economic-quick start turbine that allows quick response to power shortage due to clouds, etc.
From the society point of view, BlueSolar technology provides the most economical solution to face three of the most important challenges the world will have to face in the following years: Renewable energy storage, water desalination and carbon footprint reduction in industrial processes.
