Capterra Glossary
High-concentration Photovoltaics (PV)
High-concentration Photovoltaics (HCPV) are systems that use concentrated sunlight to generate solar power. Businesses might benefit from HCPV if they use solar panels to produce electricity. Here's the science: HCPV systems use solar optical devices made of dish reflectors and Fresnel lenses. These optical devices concentrate sunlight onto photovoltaic cells found in solar panels that some business owners install on their roofs. HCPV systems can concentrate sunlight onto solar panels 100-1,000 times, making them more energy efficient than low-concentration and medium-concentration PV.
What Small and Midsize Businesses Need to Know About High-concentration Photovoltaics (PV)
SMBs might invest in solar paneling that utilizes HCPV because it generates more solar power than other technologies. This increased energy efficiency can lessen an organization's environmental impact and reduce the soaring energy bills that come from traditional methods of power generation—expenses that, unlike some large companies, many smaller businesses can't afford.
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