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IAUS Announces Manufacturing Breakthrough for Affordable Solar
First 24-hour run of 1,000 kW worth of lenses sets production record
for speed and cost, bringing commercial solar into a price range that competes
with grid wholesale pricing.
by Sterling
D. Allan
Pure Energy Systems News
Copyright © 2007
Artist rendition of IAUS lens pod which tracks
the sun to maintain at perpendicular exposure. A 10 kW array will
have outer ring diameter of approximately 30 feet. |
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The focal point of the IAUS lens array is
adjustable to maintain the heat at an optimal temperature. |
SALEM, UTAH, USA -- International Automated Systems, Inc. [IAUS.OB] announced
yesterday that it has successfully finished its first high-volume run of its new
breakthrough solar panels.
Nearly 1,000 Kilowatts of IAUSs solar panels were manufactured in a short
24-hour run. The company estimates that on a 24/7 operating schedule, an
estimated 350 Megawatts of IAUS panels could be produced annually.
The IAUS system consists of panels which serve as lenses to focus the sun's heat
on a heat exchanger that then produce steam or other high-temperature fluid that
is then passed through a simple, patented turbine which is connected to a
generator to produce electricity.
The patented Johnson Steam Turbine is extremely simple to make, being small and
composed of very few parts. The generator component is off-the-shelf
technology, e.g. from General Electric. The company is yet refining the
liquid salt heat exchanger portion of the system for optimal efficiency.
The IAUS panel manufacturing plant costs more than ten times less than than a
traditional photovoltaic (PV) solar module manufacturing plant with a yearly
capacity comparable to the IAUS output.
The bottom-line energy generation cost with the IAUS technology is calculated to
be less expensive than the cheapest conventional energy generation sources such
as coal, nuclear, hydro or natural gas. Many experts had predicted that no
solar power technology would likely accomplish this milestone before the year
2025.
The company is presently accepting orders for the 10 kilowatt arrays, priced at
around $30,000 USD. Adding US tax incentives makes the system even more
attractive. The system can be purchased for $9,000 down, all of which can
be written off as a tax break. Payments don't have to be made on the
balance for six years, after which the payments can be made interest-free, or
the array can be removed. The energy-generating capacity of the array can
save or earn the customer around $2,000 per year. Individuals with
millions of dollars can buy a solar power plant and write-off their entire tax
burden, while making money on the power generated.
The system comes with a 35-year warranty. The lenses don't go yellow or
turn brittle. The system is modular, so if one of the panels is damaged,
it can be replaced.
A month ago, the company completed an installation where interested parties can
view the technology in operation.
The company is also developing a waste-to-energy technology that could be used
in conjunction with solar array to provide continuous power.
IAUS plans to quickly expand its annual solar panel production capacity this
year to 1 Gigawatt, which is enough to supply an estimated $2 Billion in sales
per year.
"The discovery of economical solar energy is more valuable than oil,"
said Neldon Johnson, President and CEO of International Automated Systems, Inc.
"The suns energy is free, clean and virtually unlimited. IAUSs new
solar technology is a discovery of historic proportions that we hope will
revolutionize energy production throughout the world.
The world energy market is $3 trillion dollars per year. This $3 trillion does
not represent nearly 30% of the world that exists without electricity.
Other Salem News
IAUS is located in Salem, Utah. Ironically, on the day this
story was published, an anonymous caller threatened to open fire on
a school in Salem, causing a lockdown in two schools in the small
town situated 1.5 hours south of Trolley Square where a shooting
tragedy occurred two days prior. (Salt
Lake Tribune; Feb. 14, 2007) |
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About International Automated Systems, Inc.
Founded in 1987, International Automated Systems, Inc. (IAUS:OB) develops and
markets high-technology products. The company, which has been publicly traded
since 1988, has patented and patent pending technology for diverse markets
such as renewable energy production, wireless communications, self-service
consumer purchasing and secured financial transactions.
# # #
SOURCES:
- IAUS Press Release, Feb.
13, 2007
- Steve Brooks, IAUS Distributor (http://www.iassolarenergy.com) <sdbrooks2012 {at} hotmail.com >
See also
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Page composed by Sterling
D. Allan Feb. 14, 2007
Last updated February 15, 2007
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