Clean Enviro Tech (OTCBB: CETC) (BERLIN: A1KB22) (ISIN: US18452C1080) (SYMBOL: SO3A) (www.cleanenvirotech.com), an emerging leader in the development and marketing of next generation lithium-ion powered batteries worldwide and a leading developer of residential, Solar Concentrating, Electric Power Generation Systems able to produce in excess of 2,000 WATTS (2 Kilowatts (kw)) of electric power, with zero emissions using sunlight as the only fuel, has achieved significant advancements in the area of heat dissipation utilizing proprietary technology, combining two components into one unit enhancing the overall operation and functional aspect of the device.
Based on the recent ground breaking developments in technological advancement of the proprietary Heat Sink to dissipate the heat associated with concentrating 500 Suns to a focal point, the company has elected to amend its filings associated with the intellectual property for the design of the Clean Enviro Tech, Residential, Concentrating, Solar Electric Generation unit.
Clean Enviro Tech has achieved success where others have failed and it's to the utmost importance to secure protections for this new, game changing technology.
Using a Parabolic Dish, the Clean Enviro Tech unit concentrates the power of 500 SUNS onto a focal point creating a tremendous amount of heat in addition to the electrical output generated from the Concentrating Photovoltaic cells. This recent breakthrough provides efficient heat dissipation while allowing the Photovoltaic Cells to function within a safe temperature range under normal operating conditions, preventing damage to the unit related to the extreme heat associated with concentrated sun light.
Individual Photovoltaic (PV) Cells are mounted to a proprietary heat sink insulator, which in turn is mounted to a larger copper heat sink that is fluid cooled. Recent testing of the redesigned Heat Sink showed enhanced heat dissipation with outlet temperatures 30% lower than previous versions. Volumetric flow rate of the coolant has been reduced to less than 2 liters per minute and is circulated by a small pump in a closed loop.
By mounting the cells to the heat sink in this manner, Clean Enviro has been able to create a modular cell that can be mounted in many different arrays with a very high packing factor, therefore attaining the most energy possible from the concentrated sunlight.
The unique design of the Clean Enviro Tech Residential system gives homeowners, for the first time, access to advanced concentrating Photovoltaic technology combined with sun tracking while taking only about 1/3 the space compared to standard solar Photovoltaic panels.
The Clean Enviro Tech residential solar power station will have the ability to reduce the average user's monthly electric grid consumption by up to 30-40% with ZERO emissions using only the power of the Sun.
The entry level price point for a Clean Enviro Tech-Concentrated Solar electric system is estimated to be $5,000 upon release. Many financial incentives are available which reduce the user's actual costs and vary by location. Multiple units can be combined for increased capacity.
The Energy Information Administration reports that the growth of electric generating capacity is expected to decline after 2012 and remain below 7 gigawatts per year until 2025. A construction boom in the early 2000s saw capacity additions averaging 35 gigawatts per year, much higher than had been seen before. More recently, average annual builds have dropped to around 16 gigawatts per year creating a significant shortfall looking forward. Growth of consumption is expected to far exceed the growth of capacity resulting in the need to accommodate the demand. Clean Enviro Tech realizes growth in consumer acceptance of all electric cars will place an increased burden on the US and other countries' Electric Grids. At the same time growth of electrical power capacity is expected to decline. Clean Enviro Tech is geared to respond to this need with the development and potential sales of our proprietary Residential Stand-Alone, Solar concentrating, electric generation system.
Electric consumption in the United States is increasing at a rate that will outpace the anticipated expansion of the US Electric Grid's capacity and Clean Enviro Tech is poised for expansion into the Residential Electric Power Generation market to allow end users to generate and return 30-40% of their electric usage back to the grid using "Net-Metering" and the Clean Enviro Tech System. Clean Enviro Tech is moving to meet this demand by lowering grid consumption of the users of the Residential Solar Generation System. This will augment the Electric Grid by producing and sending electricity from the residential users' surplus into the grid, thereby causing the users' electric meters to run backwards, reducing their electric bills, and more importantly adding needed power to a stressed grid.
FORWARD LOOKING STATEMENT:
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ.
CONTACT INFORMATION:
About Clean Enviro Tech:
www.cleanenvirotech.com
www.cleanenvirotech.de
For further information: info@cleanenvirotech.com |
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