Real NewEnergy signed a Letter of Intent with a technology company from The Netherlands for bringing to market a disruptive new concentrated photo voltaic (CPV) energy solution. This CPV technology can reduce kWh costs with up to 75% compared to traditional silicon PV. It is also the only CPV technology currently available offering seamless building integration without the need of large tracking systems. Real NewEnergy is aiming to develop US manufacturing, sales and installation capabilities over the next 12 months.
