MIT Team Wins Clean Energy Prize for Solving Solar’s Shade Problem
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An MIT team, including MBA students from MIT’s Sloan School of Management, whose integrated chip restores lost power to partially shaded solar panels — achieving double the energy capture improvement of similar technologies — won top honors at the seventh annual MIT Clean Energy Prize (CEP) competition.
Equipped with a promising business plan and a snappy catchphrase — “shade happens” — Unified Solar took home both CEP grand prizes: the DOE Energy Efficiency and Renewable Energy Clean Energy Prize, worth $100,000, and the NSTAR MIT Clean Energy Prize, worth $125,000.
Solar panels on residential rooftops that are partially shaded by clouds or trees sacrifice as much as 30 percent of their energy potential over a year. Unified Solar’s technology, for the first time, integrates an entire power balance circuit onto a low-cost chip that can be integrated into a solar panel to regain that lost energy. Continue reading…