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Published on May 5, 2008
Millennium is an Israeli based company with vast experience in the international solar energy industry. The company has representatives throughout the world. Millennium has a production capacity of 100 MegaWatts per year, and specializes in the production and installation of solar power stations and photovoltaic (PV) solar systems. Millennium has developed a unique, patented technology: PVT (MSS and MSS Co-Generation), that enables maximum efficiency of solar energy production and as a result, a return on investment and economic profitability.
The Multi Solar System (PVT) The Multi Solar System (MSS) generates both electric and thermal energy using a single integrated collector, allowing the photovoltaic cells to be cooled by water/air which increases its relative efficiency. The cell cooling system generates up to 30% higher PV efficiency annually, compared to a regular PV panel under similar hot, summer conditions. As the cells are cooled, the water/air pipes are heated and accumulate an efficiency of 85%: (15% electricity production and 70% thermal energy production), which can be used for various residential and industrial uses. Millennium has developed a unique system using a steam turbine that integrates the MSS system to produce electricity in a combined cycle (Co-Generation). The efficiency of this combined solar system is the highest and the cost of electricity production is extremely competitive, even compared to the costs of "conventional" methods.
Millennium's key management is comprised of professionals with vast experience guided by the company's President, Mr. Ami Elazari, who is a world renowned expert in solar energy.