"Reinventing energy is a multitrillion-dollar opportunity. It's the next big disruption. It dwarfs any business opportunity in history." - Bill Gross, CEO of Edisun Microgrids
The world’s energy needs are skyrocketing, and experts project that global demand will only continue to rise. Where will all this energy come from?
At Edisun Microgrids, we believe solar can be a major source of the world’s energy because every day the sun provides more than 10,000 times the energy the world needs. The key is making solar cost-effective and available on-demand. Edisun's solutions address these hurdles and through them, we are aiming to drive down the cost of solar energy to make clean power more affordable than fossil fuels.
Our technology is a new solar tracking system named PV Booster™ that points solar panels directly at the sun all day long. By enabling the panels to continuously face the sun, PV Booster increases clean energy production by 30% and improves the economics of solar by 20%. We designed PV Booster to meet the unique needs of the underserved Commercial and Industrial (C&I) rooftop solar market – a trillion dollar opportunity in the US alone.
Our sun-tracking technology also allows us to concentrate sunlight which produces high-temperature solar energy. Then, with our proprietary energy storage technology, we can make solar-generated electricity available 24 hours a day. This means that, for the first time ever, we will produce on-demand solar electricity at a price lower than fossil fuels.
Edisun has already received over $1.1million in PV Booster orders and will be powering the largest rooftop tracker installation in the world. We’ve also signed a $10 million, 10-year licensing agreement with a company in China for our proprietary technologies.
Our goal is to drive down the cost of solar energy to make it more affordable than fossil fuels so it won’t require any subsidies, it won’t require any grants, it won’t require any laws, it will just happen because it’s actually more cost-effective.
We are now scaling globally and are very excited to find partners, distributors, and investors to help us take these new capabilities to the whole planet.