A new type of solar panel could totally change how people feel about renewable energy! The new High Concentration Photo Voltaic Thermal (HCPVT) system, developed by researchers at IBM, actually performs far better than the conventional solar panels on the market today. According to engineers, the new solar system can magnify the sun’s energy by 2000-5000 times.

The system works by using hundred of incredibly small solar cells, which are constantly cooled, allowing them to generate more energy than regular panels.

Researchers have said that, “Each 1cmX1cm chip can convert 200-250 watts, on average, over a typical eight-hour day in a sunny region. In the HCPVT system, instead of heating a building, the 90 degree Celsius water will pass through a porous membrane distillation system where it is then vaporized and desalinated. Such a system could provide 30-40 liters of drinkable water per square meter of receiver area per day, while still generating electricity with a more than 25 percent yield or two kilowatts hours per day. A large installation would provide enough water for a small town.”

Traditional solar panels have problems with absorbing all the energy that is available, and are only able to take advantage of a small percentage of the energy that is within physical reach. This new design is able to collect far more energy, without wasting the excess.

The Swiss Commission for Technology and Innovation has offered a $2.4 million grant to help with the development of this project, and the researchers hope that this technology could someday power the world for free.

John Vibes writes for True Activist and is an author, researcher and investigative journalist who takes a special interest in the counter culture and the drug war.