Industrial Scale Solar Power

In addition to significantly lowering and stabilizing the costs of solar electric production, while lessening the adverse environmental impact of electricity production, Mök's critical competitive advantage is its proprietary technologies. Specifically, the development of a photovoltaic cell (PV cell) that will convert sunlight to electricity with efficiencies greater than 30% and the production without the creation of any greenhouse gases. Using this new PV cell technology, Mök is constructing concentrating solar power (CSP) modules that will produce electricity at less than 2 cents per kilowatt-hour. These systems are expected to be competitive with current electricity market prices, even with average insolation rates as little as 2 hours per day.

Current cost figures for Mök Industries solar electricity are calculated without the addition of tax credits, emissions credits, or government funding. Although it is expected that tax credits in some form will be available, they are not factored in the financial projections due to program changes that often accompany an administration change. Emissions credits, or the trading of emissions credits, are another valuable benefit to the production and use of Mök Industries' solar electricity.