© Solecta 2008

Global demand for solar energy is increasing, with revenues growing 30 to 35% annually. Amid rising concerns about global warming and pollution, solar energy is widely recognized as the ultimate clean and 100% renewable energy resource. The strong growth of solar energy market is expected to continue for many years to come. This growth is however hindered by two factors: the worldwide shortage of silicon and  the cost of generation of solar energy, which is 2 to 3 times higher than that of fossil fuel energy.

Solecta developed a breakthrough active solar panel technology that allows a sustained two-fold reduction of cost of solar energy. This is achieved through a ten-fold reduction of consumption of silicon, the most expensive and scarce component in the production of solar panels.

Combining the reliability and the ease of use of market-proven conventional  solar panels with dramatically reduced production costs, Solecta targets energy generation at residential and business premises, at a cost equal to or lower than electrical utility retail prices.