High-efficiency, high-priced solar cells from Spectrolab Inc. -- normally marketed exclusively for space-based satellite operations -- will soon be installed in remote Australian communities desperate for power.

The Boeing Company, which owns Spectrolab, signed a multi-million dollar contract to supply concentrator photovoltaic (CPV) cell assemblies to Solar Systems Pty. Ltd. of Hawthorn, Victoria, an Australian company that produces renewable solar energy.

The solar cell assemblies will be capable of generating more than 11 megawatts (MW) of electricity enough to power 3,500 average-sized homes. Deliveries will begin later this year.

Source: RenewableEnergyAccess.com!