35% more efficient than current solar panels and is able to operate on cloudy days. It concentrates light by 10,000 times. Architect André Broessel was a finalist in the World Technology Network Award 2013. The second video has slightly better film of it, but it is in spanish. The first video is in english.
https://www.youtube.com/watch?v=GMshcZZfEN0 (spanish video on this device)
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Sure Looks Cool