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: Scientists invent award winning 2-in-1 motor for electric cars

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

First self-contained step dimming LED tube

14 hours ago

Samsung Electronics today introduced the industry's first AC Direct step-dimming LED linear replacement for T8 and T12 fluorescent tubes at the National Electrical Contractors Association (NECA) Convention ...

Battery system will be able to light 2,500 homes

14 hours ago

One of the largest, most environmentally-friendly, battery-based energy storage systems in the nation will be installed at the University of California, San Diego the campus announced today (Sept. 29).

NREL software tool a boon for wind industry

17 hours ago

Wind energy is blowing away skeptics—it's so close to achieving cost parity with fossil fuels that just a little extra efficiency is all that is likely needed to push it into the mainstream and past the ...

Harvesting energy from walking

17 hours ago

A device that fits into a shoe harvests the energy made by walking and successfully uses it in watch batteries.

User comments : 0