Day4 Energy
The technology that allows us to generate electricity through solar power has the potential to radically change the world; however, the process is simply too expensive to replace traditional polluting techniques. That is why Day4 Energy is a B.C. company worth noting. The company has developed a photovoltaic panel with significantly less electrical resistance than others on the market, generating more juice per hour of sunlight and driving down the cost per kilowatt.
Like many companies in this market, Day4 was hit hard by the recession: revenues for 2009 were 60 per cent lower than those for 2008. However, the company has several ongoing contracts in Germany and Ontario, and it is in the process of moving its manufacturing efforts from Burnaby to Poland to lower the costs to its prime European customers. And it’s precisely the question of cost that will ultimately determine the fate of the entire solar industry.
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