Directory:Green and Gold Energy
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Green & Gold Energy was founded to to deliver cost-effective, grid-competitive solar electric power. Their stated goal is to reduce the delivered cost of rooftop generated photovoltaic electrical output to below that available from the grid.
The company's SunCube™ system is listed in the top ten of NEC's Top 100 because of its efficiency, low cost, simplicity, safety, and availability for residential application.
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About
Official Website
Products
SunCube
Awards
- SunBall wins ABC TV's 2005 New Inventors "Peoples Choice" award (http://www.greenandgoldenergy.com.au/sunballwin.htm)
In the News
- EMCORE Receives a $24 Million Purchase Order for Concentrator Solar Cells from Green and Gold Energy (http://biz.yahoo.com/prnews/070829/nyw060.html?.v=101) - EMCORE Corporation has been awarded a follow-on production order from Green and Gold Energy (GGE) for 3 million solar cells for use in GGE's SunCube(TM) terrestrial concentrator system. This 105 MW purchase order represents the largest procurement of concentrator solar cells in the industry to date and is a follow-on order to an initial 5 MW order placed earlier this year. All hardware ordered under this contract is to be shipped by the end of 2008.
- Update on the Green and Gold SolarCube (http://thefraserdomain.typepad.com/energy/2007/04/update_on_the_g.html) - Green and Gold Energy (http://www.greenandgoldenergy.com.au/) Sun Cube rooftop concentrating solar photovoltaic module development process will be completed by the end March 2007 with the first Australian installations occurring before the end of April 2007. Retail cost in the US is expected to be US $1,000. (The Energy Blog; Apr. 04, 2007)
- SolarCube™ to slash residential solar to below-grid energy price (http://pesn.com/2006/02/01/9600228_Sun_Ball_Released/) - Award-winning, innovative solar technology focuses sun's energy onto photovoltaic cells for increased efficiency. Product release slated for March. (PESN; Feb. 1, 2006)
- Sunball (http://www.abc.net.au/newinventors/txt/s1487858.htm) - (ABC News feature; 26 October, 2005)
Open Policy
I think you will agree my degree of openness with the SunBall and SunCube is a first timer. I fully realize the dirty tricks the existing fossil fuel and electricity industry will bring to bear to stop losing kWhs to rooftop solar generation.
One way to ensure my and the products' survival is to be very open with the technology so others can copy what I have done. I have offered other concentrator developers to swap, on a equal kWh basis, SunCubes for their concentrator technology. The market for grid competitive kWhs is so massive no one company could supply the demand. The more that solar concentrators appearing on rooftops the more the entire concentrator industry will survive.
We are in the first stage of a real war in which the existing electricity providers and their fossil fuel miners will do anything to stop kWhs being generated on consumers rooftops. When solar kWhs were much more costly than those from the grid, the industry didn't lose any sleep. Now that solar kWhs can be delivered at a lower cost than from the grid the world of the fossil fuel supplier and electricity industry company has changed and their income is under real threat.
In Australia the dirty tricks have started:
http://www.abc.net.au/4corners/content/2006/s1566257.htm
http://www.abc.net.au/7.30/content/2003/s1006343.htm
Greg
Comments
See Discussion page
Looks Good
On Apr. 13, 2008, New Energy Congress member, Jonathan Bonanno wrote:
I just bumped into Greg at a CPV conference (http://www.cpvtoday.com/) in Madrid. GGE was a major sponsor of the event and just announced a $50 mil. purchase order for Emcore TJ cells...so I think he has some serious funding or at least revenue.
The product looks good and based on the amount of licenses that he has sold, SunCube must work.
Further Due Diligence Required
On April 13, 2008 11:12 AM, New Energy Congress member, Richard P. George, Ph.D. wrote:
Greg has announced ~$78 million worth of orders placed with Emcore, but Emcore has only received $500,000 through the end of the 2008 1st quarter. These "orders" appear to be vapor, much like some of the huge telecom orders in 1999-2001 like the $500 million order in 2000 for Sun servers that Enron's telecom unit placed but never actually purchased. The lack of actual sales from this order was a major factor behind Emcore's stock crashing ~75% in the past several months.
He has sold several licenses but where are the working units (even pilot production ones) in verifiable installations with any independent measurement data validating output claims? The Korean deal was announced over a year ago but there remains no evidence that anything has actually materialized or that any product is actually being delivered, even in limited volumes.
Looking good (on paper) is not enough. Given the large number of red flags discovered to date while doing due diligence on Green and Gold Energy, we have to verify every detail.
Contact
Greg Watson, CEO <greg.watson {at} greenandgoldenergy.com.au>
Green and Gold Energy
Adelaide, South Australia
+61 408 843 089
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