Corporate Information

Menova Energy Inc. is committed to providing innovative solar energy solutions for:

• Utility Scale Projects
  Applications in solar fields for augmenting existing power generation sites
• Building Integrated Projects
  Commercial/ Business applications
• Infrastructure Projects
  Water Treatment, Sewage Treatment & Desalination plants

The Power-Spar® system is Menova Energy's platform technology which provides the basis for solar electricity, heating and lighting solutions. Through modular design and innovative integration capabilities, the platform is completely ready for geothermal and thermal air conditioning applications.

The Power-Spar® is a high efficiency fresnel parabolic concentrator. It incorporates a patented system to concentrate the sun's energy to generate electricity; thermal energy for use as heat & hot water, and lighting for everyday and emergency use. It has been specifically engineered to provide unprecedented thermal and PV performance in extreme climates. The patented absorber design results in high operating efficiencies in both cold and hot environments.

The key benefits of the Power-Spar®:

1. the most cost effective solar energy solution on the market
2. the highest power density of any solar solution available
3. multiple revenue streams from electricity, heat and thermal air-conditioning
4. increased Marketing/Public Relations value of the "green" zero-emission energy generation
5. reduced CO₂ emissions and lower dependency on fossil fuels
6. modular & upgradeable design

The Power-Spar uses state of the art triple junction PV cells (also known as III-V cells) to convert the sunlight to electricity. These cells are currently available with efficiencies in excess of 35% and their efficiency is increasing at a tremendous rate (i.e., anticipated 45% by 2011). For the sake of comparison, the very best traditional monocrystalline cells have efficiencies of 21% (and module efficiencies of 19%). The compact design of the Power-Spar's modular absorbers means that they can be replaced "in the field" which provides for unprecedented upgrade capabilities as these more efficient Photovoltaic cells become available.

A third-party validation of Menova installations has demonstrated that buildings using the Power-Spar® system to supplement propane heating can reduce annual greenhouse gas emissions by up to 4.3 tonnes of CO₂ emissions (increasing to 5.2 tonnes of CO₂ emissions per year with photovoltaic (PV) cells generating electricity). A school in Ontario that is using the Power-Spar® system to supplement electrical heating is expected to reduce their CO₂ emissions by as much as 73 tonnes per year (and that could rise to 86 tonnes of CO₂ emissions per year with the addition of PV power generation).

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Menova Energy Inc. product.