Hyperlight Energy Cuts Ribbons and Breaks New Ground

SoCalGas, the California Energy Commission, and San Diego State University have combined forces to bring LACI Portfolio Company Hyperlight Energy’s cutting-edge technology to life. The Hyperlight demonstration project produces hot water and steam using an innovative solar thermal design that is much cheaper than the current model.

Research began seven years ago and installation of the equipment took place in the first quarter of 2014.

Located at SDSU’s Center for Energy Sustainability on the Imperial Valley Campus

Hyperlight’s innovation will help commercial, industrial and agricultural facilities throughout California to lower both emissions and energy bills. This new technology will make existing facilities more efficient by harnessing the energy from the sun, and coupled with natural gas, can help California achieve its renewable energy goals.

Hyperlight Energy CEO, John King, noted that this project shines light on the uniqueness of Southern California as one of the few places in the world where a Fortune 500 energy utility, a world-class energy agency, a university, and a small new technology innovator can come together to create a powerful combination. The CEC and SoCalGas deployed $2M into Hyperlight technology through their respective programs and SDSU provided the site for the project.

The pioneers behind the Hyperlight Energy installation.

The full press release can be read here: https://online.wsj.com/article/PR-CO-20140508-911939.html