Seakinetics Corporation, a publicly traded company, positioned itself to become a major company in the renewable energy generation of power using wind technology, solar technology and wave technology.

Seakinetics has determined that the Indian subcontinent on average is exposed to 300 sunny days a year translating into a significant potential for the production of solar energy. Seakinetics has researched and identified new solar energy systems such as Concentrated Photo Voltaic (CPV) and electrochemical Dye Solar Cell (DSC) photovoltaic technologies, which will dramatically reduce the cost per MW of installed capacity and increase the power efficiencies. Seakinetics plans to implement these technologies interspersed with the existing Wind Turbines on the vacant areas of land in between the turbine towers. This sharing of the land resource will further decrease the cost of solar energy implementation and enable the sharing of infrastructure such as access roads, substations and grid off-take.

Concentrated Photo Voltaic (CPV) that brings the cost of Solar Energy down to about 2 Million per MW as opposed to standard silicon based photo voltaic technologies that cost between 6 million and 8 million per MW. The dramatic cost reduction is achieved by replacing the silicon cells with normal flat mirrors that are used to reflect and concentrate the sunlight back onto a CPV panel at a ratio of 1000 to 1 so that 1000 Square feet of Silicon is replaced with 1000 Square feet of inexpensive flat mirrors. A one Square Meter CPV panel will produce 500 KW/Hour of electric power and we can use our existing Wind park lands to install the mirrors and put the CPV panels up onto the existing Wind Turbine towers. We will also use the existing infrastructure and sub-stations for the power off-take and delivery. Another benefit is that, in almost all cases, the sun heats up the earth during the daytime and the winds start to blow after sunset and throughout the night. In the morning the winds slow down again, so a solar installation will produce during the day stopping after dark. The wind turbines pickup where the solar finishes and produces energy at night and are slower throughout the daylight hours.