The Energy Innovations mission is to deliver cost effective, grid-competitive solar electric power.

Our immediate goal is to reduce the payback time for a solar power system so that it becomes a sensible and logical investment to electricity users around the world, whether they are grid-connected or not. Our strategy is to exceed the cost-effectiveness of existing photovoltaic-based systems through innovations in both the collection of solar energy and the generation of electric power from it.

To execute this strategy, we have developed two product families. The first is Sunflower™ – an innovative high-concentration photovoltaic generator based on the highest efficiency solar cells available. The second is RayTracker™ – single-axis solar trackers that increase the energy yield of traditional PV solar panels. Both product lines focus on maximizing usable energy from the sun beyond that of existing products in the market, with a better rate of return.

Idealab, the Pasadena, California based technology incubator, has assembled a world-class team of design and engineering talent to bring this vision to reality. This group of professionals, headed by Bill Gross, the founder of Idealab, represents a blend of talents from the academic, research and business worlds. The funds required to date for the conceptual design, fabrication and other development efforts have been provided by Idealab, MDV-Mohr Davidow Ventures and private investors.