Amonix, Inc. is a solar power system developer based in Seal Beach, California. The company manufactures concentrator photovoltaic (CPV) products designed for installation in sunny and dry climates. CPV products convert sunlight into electrical energy in the same way that conventional solar photovoltaic technology does, except that they use optics to focus the solar radiation before the light is absorbed by solar cells. According to a comparative study of energy production of solar technologies, CPV systems require no water for energy production and produce more energy per megawatt (MW) installed than traditional PV systems. Amonix has nearly 70 Megawatts(DC) of CPV solar power systems deployed globally, including Southwestern U.S. and Spain. In May 2012, the Alamosa Solar Generating project, owned and operated by Cogentrix Energy, began commercial operation. This is the largest CPV power plant in the world and is expected to produce enough clean renewable energy per year to power more than 6,500 homes and will avoid the emissions of over 43,000 metric tons of carbon dioxide per year. The Alamosa Solar Generating Project is supported by a power purchase agreement (PPA), which is a long-term agreement to sell the power it will generate. Under the project’s PPA, the Public Service Company of Colorado will buy the power generated by the solar facility for the next 20 years. In July 2012, Amonix set the world record for photovoltaic module efficiency at 33.5% (full regression analysis) under nominal operating conditions, verified by the National Renewable Energy Laboratory. In April 2013, Amonix broke the record set in July 2012, demonstrating photovoltaic module efficiency at 34.9% (full regression analysis) under normal concentrator standard operating conditions (CSOC), also verified by the National Renewable Energy Laboratory. In August 2013, Amonix announced it had achieved a 35.9% photovoltaic module efficiency rating under concentrator standard test conditions (CSTC) as calculated by NREL. In June, 2014, the assets of Amonix were acquired by Arzon Solar, LLC for the purpose of continued development of CPV technology and products. Amonix was founded in 1989 by CPV solar technology developer, Vahan Garboushian, its current chief executive officer and chairman of the board of directors. Sewang Yoon who developed high efficiency silicon back junction solar cell for HCPV application was co-founder of Amonix. The company began research and development of large-scale CPV solar power systems for the electric utility industry in 1990. Since then Amonix has developed seven generations of progressively advancing CPV solar power systems. In 1994, the company won R&D Magazine’s R&D 100 award for silicon solar cell performance with record conversion efficiency. According to the Department of Energy, Amonix developed the world’s most efficient silicon solar cell in 2005, achieving a sunlight-to electricity conversion efficiency of 27.6 percent, which still holds the world record for efficiency of an augmented multi-sun silicon cell.