Wednesday, April 16, 2008
The group has designed solar energy balloons that harness the sun's energy and then feed it via wire cable into an inverter capable of household use. Looking like something out of a sci fi flick, the 3 Meter (10 ft) long balloons cost a modest $4000 to produce, and are capable of producing 1Kw of energy (comparable to 25 meters/269 sq ft of traditional solar panels at a cost of $10,000+). They are expecting the device to be available to the market sometime in 2009.
Here a view of the project and the balloon technology - courtesy of Reuters.