Durham NC: Backstage Capital’s First Accelerator Startup is Google for Entrepreneurs’ Winner Optimal Solar
Last Friday, Google for Entrepreneurs’ Black Founders Exchange Program crowned Durham, NC-based startup Optimal Solar as the winner of their pitch competition held at North Carolina tech hub American Underground. At the helm of the solar energy technology startup is Reginald Parker, Ph.D., an MIT-educated engineer that focused his studies on biological polymers.
Optimal Solar’s flagship product, VIA, splits incoming sunlight into chips, separating out the infrared light that often causes current solar energy capture methods to lose up to 25 percent of the heat. It then converts both the visible and the infrared light into electricity.
The dual-axis tracking system helps create 40 percent more solar inputs per operating footprint, at 30 percent lower costs than traditional methods.