QBotix, which harnesses the power of robotic tracking to optimize solar plant operation, announced the successful completion of its $1 million US Department of Energy (DOE) SunShot Initiative award project and its independent engineering report conducted by DNV GL. In addition to recently being recognized by Fast Company as one of the world’s top 10 most innovative companies in robotics, QBotix received multiple awards for innovation.
QBotix received the $1 million research award under the DOE’s SunShot Incubator Program in 2012 to fund the development of the new generation of robots for the QBotix Robotic Tracking System (RTS). The SunShot Initiative is a collaborative national effort to make solar competitive with other forms of electricity in the U.S. by the end of the decade.
The collaborative will accomplish this goal by reducing the cost for utility scale installations by 75% from 2011 levels to roughly $1 per watt—which would correspond to roughly 6 cents per kilowatt-hour. QBotix wrapped up the research at the end of 2013 with successful demonstration of the latest RTS generation of robot.
QBotix also successfully completed an independent engineering (IE) report, a key to proving bankability in the Engineering, Procurement and Construction (EPC) and developer segments of the solar value chain. The company proactively engaged DNV GL (formerly DNV KEMA, which had acquired BEW Engineering) to perform the report. DNV GL is respected as one of the top independent engineers in the solar industry. The report details many of the key design for reliability and testing aspects of the QBotix product offering and confirms the significant energy production benefits of the RTS.
Along with several bank-financed projects under construction and in contract, the IE report – also referred to as a bankability report – establishes QBotix as a bankable solar tracking solution.
QBotix will present on three separate topics at the PV America conference in Boston from June 23-25, 2014.