PM&E, Inc. (PMEA)

[Hedge Starz]

Once commercialized, the technology will be able to deliver solar derived energy at a cost below that of today’s prevailing utility prices.

The Company aims to do this by integrating the most modern advances in tracking and concentration of solar rays, and supporting these functionalities with an inventive cooling system. Through simultaneously employing all 3 of these innovations in a novel and extremely cost effective manner, the Company’s system has the potential to produce power at prices below the $1/Watt ($USD) benchmark. This is considerably more economical than producing energy using flat panel technology the process that is currently dominating most of the Photovoltaic (PV) space. Furthermore, because bringing costs down below $1/Watt translates to a price of less than $0.02/kWh ($USD), the Company’s technology is capable of supplying energy cheaper than the modern grid itself. Achieving this state of grid parity is the requisite condition to bring solar power into the mainstream.

The company $PMEA is currently looking to follow up on some of their preliminary contracts with manufacturers like Open Energy Corporation and Generation PV and would like toleverage the prototype to continue its OEM network development.