A recent decrease in the cost of photovoltaic (PV) panels resulted in a 
large number of cases in which solar energy companies could not stay 
afloat. In particular, companies that had developed alternative systems 
to standard silicon PVs found it difficult to provide competitive 
systems. Alternative systems include concentrated solar power (CSP) and 
concentrated PV (CPV) systems.
On the one side, a large increase in the CSP supply volumes is 
required to decrease their cost and enable them to compete with 
conventional PVs. On the other, the use of CPVs is limited as they can 
only be installed in countries that are Sun-rich.
With EU funding of the project 'Transparent Fresnel based concentrated photovoltaic thermal system' (
INTENSOL),
 researchers developed an innovative concept of a low-cost 
high-concentration PV (HCPV) solar thermal system. Based on a 
combination of the latest developments in PV technology and solar 
thermal components, this integrated system is able to produce 
electricity and heat. Except for Sun-rich regions, its 
high-concentration factor and efficiency make it also suitable for 
central Europe.
Contrary to conventional PV systems, the INTENSOL solution uses 
cost-effective Fresnel lenses to focus sunlight onto multiple-junction 
solar cells. To further increase efficiency, the system is equipped with
 an integrated cooling and heat recuperation system, and a two-axis 
tracker orienting the system toward the Sun. Furthermore, it is 
lightweight and easy to maintain.
The INTENSOL system is a modular arrangement, consisting of the core
 HCPV system plus optional solar thermal components — so-called 
afterheaters. For example, the pure HCPV cooling system is unable to 
deliver hot water at useful temperatures. To this end, a one-axis 
concentrator system can be added to raise the temperature up to 150 
Celsius degrees. This is particularly useful for heating and drying in 
industrial uses.
Except for industry, the INTENSOL system will benefit hotel resorts,
 campsites, sports centres, shopping malls, hospitals and offices.