DayStar to buy technology to make solar power available at night

Nov 12, 2012 by George Avalos

DayStar Technologies has struck a deal to buy a company whose technology could solve a problem that has chilled the solar energy industry: How to make solar power available for electricity usage at night when the sun is gone.

DayStar is planning to buy Premier Global Holdings. Premier Global has rights to a for a solar conversion unit that can generate and store solar energy within a single unit. Terms of the deal weren't disclosed.

The technology is based on photosynthesis, a process that's similar to the way plants convert light to usable energy.

Union City, Calif.-based DayStar believes the technology can reduce overall power usage in an .

"This system is a major change for the solar generation industry and has the potential to be worth billions of dollars in new revenues for the industry," DayStar said.

Explore further: Next-generation nuclear reactors that use radioactive waste materials as fuel

4.1 /5 (8 votes)
add to favorites email to friend print save as pdf

Related Stories

Desert power: A solar renaissance

Apr 01, 2008

What does the future hold for solar power? “Geotimes” magazine looks into more efficient ways of turning the sun’s power into electricity in its April cover story, “Desert Power: A Solar Renaissance.”

Comparing energy conversion of plants and solar cells

Jan 16, 2012

Scientists now have a way to more accurately compare how efficiently plants and photovoltaic, or solar, cells convert sunlight into energy, thanks to findings by a research consortium that included a U.S. ...

No more cloudy days for solar

Jun 14, 2012

For a country with so much sunlight, some might think Australia has been slow to adapt its electricity generation mix to include solar power. One of the main reasons for this is solar intermittency.

Recommended for you

Cool roofs in China can save energy and reduce emissions

15 hours ago

(Phys.org) —Working with Chinese researchers, the Department of Energy's Lawrence Berkeley National Laboratory (Berkeley Lab) has conducted the first comprehensive study of cool roofs in China and concluded ...

Indonesia passes law to tap volcano power

Aug 26, 2014

The Indonesian parliament on Tuesday passed a long-awaited law to bolster the geothermal energy industry and tap the power of the vast archipelago's scores of volcanoes.

Expert calls for nuke plant closure (Update)

Aug 25, 2014

A senior federal nuclear expert is urging regulators to shut down California's last operating nuclear plant until they can determine whether the facility's twin reactors can withstand powerful shaking from ...

User comments : 0