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Thermophotovoltaics (TPV) is a subdomain of the wider photovoltaics (PV) market that focuses on converting thermal radiation, typically from a high-temperature heat source, into electrical energy using photovoltaic cells. While traditional photovoltaic systems convert sunlight directly into electricity, thermophotovoltaic systems use a thermal emitter to radiate heat, which is then converted into electricity by TPV cells that are designed to work with the specific spectral radiance of the emitter. This technology is particularly suitable for applications where waste heat is available or where traditional PV efficiency is hampered by the environment. Thermophotovoltaic systems can be integrated with combined heat and power systems, enabling simultaneous generation of electricity and usable heat, thus promising enhanced energy utilization when compared to conventional electrical generation methods.
Several companies operate in the thermophotovoltaics market, researching and developing advanced TPV technologies and products. Prominent players include MIT-spinoff company MTPV Power Corporation, which specializes in micrometer-scale TPV technology, and Thermo-Photon Corporation, focusing on telecommunications power solutions. Other entities in the TPV landscape include Photon Energy NV, which invests in renewable energy projects, including thermophotovoltaic development, and Artisun Technology, which develops high-efficiency TPV cells and modules for various industrial applications. These companies are contributing to advancements in thermophotovoltaic technologies, striving for higher efficiency and broader adoption in the clean energy market. Show Less Read more