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Sunoyster Systems

Early Stage Startup





Tagline

SunOyster doubles the power: Cogeneration of electricity and heat.

Video



Elevator Pitch

The SunOyster is a concentrating solar technology co-generating power with an efficiency of up to 30% and heat with 45%, making it probably the most efficient solar technology of the world. The heat can generated up to 170° C for a wide range of applicactions. In sunny places, the SunOyster wants to be the cheapest form of solar energy wherever also heat or cold are needed. It moreover harvests of all solar technologies the biggest amount of energy from a given flat surface, e.g. a roof.

Product

A SunOyster 16 with two mirrors of 8 m² each generates 5 kW of power and 7.5 kW of heat. In very sunny locations, it generates 15,000 kWh of electricity and 22.500 kWh of heat.

The price from serial production will be 5,000 Euro (including inverter and support structure). If one third of the price is allocated to heat, the 670 Euro per kW peak are much cheaper than conventional PV.

The SunOyster will then generate a kWh of electricity for less than 5 Eurocent/ kWh and a kWh of heat for less than 2 Eurocent.

The heat can be used e.g. for sanitary warm water, domestic heating, process heat, solar cooling and desalination. It can moreover be fed into steam power plants.



Why we are ecofriendly

Solar power replaces electricity and heat from fossil fuels and contributes to climate protection - the biggest eco challenge of our time.


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Version History

2016-03-28 18:00:41 - changed productpitch to 'A SunOyster 16 with two mirrors of 8 m² each generates 5 kW of power and 7.5 kW of heat. In very sunny locations, it...'

2016-03-28 18:00:06 - changed pitch to 'The SunOyster is a concentrating solar technology co-generating power with an efficiency of up to 30% and heat with...'

2016-03-28 17:58:59 - changed productpitch to 'A SunOyster 16 generates 5 kW of power and 7.5 kW of heat. In very sunny locations, it generates 15,000 kWh of...'

2016-03-28 17:54:41 - changed ecopitch to 'Solar power replaces electricity and heat from fossil fuels and contributes to climate protection - the biggest eco...'

2016-03-28 17:49:28 - changed tagline to 'SunOyster doubles the power: Cogeneration of electricity and heat.'



Website


Revenues

2014:
185000
2015:
400000
2016:
850000


Capital Raised

2.3 million Euro.

Grants Raised

Innovation Assistant from Schleswig-Holstein
Two grants of the Federal Foundation of the Environment (DBU) for the development of the concentrator cell receiver

Employees

Team of five:
Dr. Carsten Corino, founder, helped already the wind turbine manufacturer REpower Systems to grow from 100 employees to 1000 and from 50 Million Euro mcap to 2000 Million.
Roy Ehlers is a very experienced electric engineer who was working on the control systems of printing machines, the R&D of wind turbines and Inverters.
Siegfried Zipfel is CAD expert and worked e.g. for module manufacturer Solon and solar production Equipment manufacturer Rena.
Stephan Ulrich is a double master (mechanics and electrics) of car industry and head of Workshop.

Investors

Wind power entrepreneur Marten Jensen.
A strategic Chinese investor connected to Chinacoal Group.

Customers

GdF Suez, Tata Power, Chinacoal Group and others.

Enviromental Impact

The first serial production shall have a capacity of 50 MW el plus 75 MW thermal. That will save millions of tons carbon dioxide emissions every year.

Economic Impact

In sunny countries, the SunOyster will be the cheapest form of solar energy, leading to large cost reductions of the customers.
The SunOyster will help the Country of installation to reduce the cost of energy imports.
Local installation and services will create qualified local Jobs.

Social Impact

Customers will also be rural villages leading to the first electrification of the areas and immense benefits through lighting, communication and small commerces.
The co-generated heat will especially be used in washing machines, so that women don't have to wash in dirty rivers and are saving a lot of time.
The SunOyster energy will also be used for desalination of water which will help the poorest to establish a safe and time-efficient drinking water supply.



Country of Origin

Germany

Founded

2011 - capitalized 2012, professional team complete in 2013.



Team


Contact Person

Carsten Corino: cc@sunoyster.com
Phone: +49 4101 808767

Headquarter

Hamburg - the sunniest city of Germany :-)