Professor David Wright of the Telfer School of Management will help develop a model for the return-on-investment of “Concentrated Photovoltaics” (CPV) used in next-generation solar-cell products.
Dr. Wright’s contribution is part of a larger project involving researchers from the University of Ottawa’s SUNLab and Toronto-based Morgan Solar Inc. who will develop an advanced energy yield model for CPV. The Principal Investigator is Dr. Karin Hinzer, Canada Research Chair in Photonic Nanostructures and Integrated Devices and associate professor of the School of Electrical Engineering and Computer Science (EECS) at uOttawa. This project was recently awarded a new grant from the Natural Sciences and Engineering Research Council of Canada (NSERC).
In addition to the technical/engineering aspects, the work aims to address the complex intersection of technology and business that derives from putting solar technology into use, and to that end, Professor Wright will help develop a financial model for CPV that addresses profitability and return on investment. The findings will be of interest to solar energy researchers, developers, investors, and government policy analysts.