Ideation Process: Solar Singlet Fission Technology

You completed the first part of my assignment now I need you to add to the previous one. I attached what you completed earlier.
The focus on the second part of this project is to write a 2-3 page (350 words per page) paper in APA format addressing the following topics below for the new technology or application selected in the previous written assignment. You should also include as part of this paper any acknowledgements and resources used (e.g., websites, textbooks, articles). Each written assignment should include four or more references.
Type of qualitative, quantitative data and market analysis used to determine market feasibility of selected technology or application
Potential threats that encountered during market introduction
Specific critical success factors to determine success of deployment
Ideation Process: solar singlet fission technology 
Ideation Process
Overview of technology selected: solar singlet fission technology
Solar technologies are able to deliver electricity, natural lighting, cooling, fuels, and heating for various applications but without the pollution. A solar cell’s efficiency is limited by the single junction limit, where photons that have energy greater than the bandgap lose energy through thermalization (Jiye, 2013). Singlet exciton fission basically splits a high-energy molecular excitation into a duo of low energy ones. In solar cells, singlet fission can produce 2 electrons for each photon; hence it will be possible to overcome the singlet junction efficiency limit. By using singlet fission technology, the solar cell efficiency would be boosted by as much as 30 percent, offering 3rd generation solar power (Anthony, 2013). Energy security and concerns regarding global warming have made solar energy a vital topic from the society’s viewpoint. It is notable that more efficient solar cells will result in broader utilization of this clean power source. Singlet fission technology is novel and is not available in the American market currently. 
Ideation process to come up with the selected technology 
Ideation process is essentially the creative process that is employed in generating, developing, as well as communicating novel ideas. Ideation process includes the stages that are involved in a thought process which are innovation, development, as well as actualization (Luke, 2010). In coming up with solar singlet fission technology, the idea process that was used is as follows. First, the design constraints of the new solar panel were established by taking into consideration the electricity consumption of an average household in America. Right now, most households across the states rely on utility companies for their electricity supply. The monthly cost for families is often high since these power companies are usually driven by profits and they therefore charge expensively for the electricity they supply to homes. 
The designers of this new technology sought to save consumers electricity costs and provide them with electricity supply that is actually reliable by offering them a solution that is both local and free of charge with not monthly electricity payments; a solution powered by the abundantly available power from the sun. In essence, this solution would enable the cost of solar power to fall below the retail electricity rates in several regions of the United States between 2015 and 2020 and to roughly 5 cents per kilowatt per hour by 2022 (Anthony, 2013). If successful in the marketplace, this new technology will bring about several benefits. It will create more jobs in solar energy development, reduce natural gas and electricity bills, reduce global warming pollution, and create an additional source of income for households and users who may sell extra solar energy to power utilities and be connected to the national grid. 
The design constraints for this new technology are: (i) solar panels that can generate 2500 kilowatts of electricity per annum which is actually sufficient enough for household use and for use in a small office. (ii) Dependable and has the capacity to work constantly under normal operating conditions with a mean-time between failures of 8 months. (iii) It has to be low-priced and cost roughly $450. (iv) It should be able to work under low sunlight conditions, in cool climates and cloudy weather. (v) Moreover, the solar panels constructed using singlet fission technology should be made with the use of locally available materials and parts since this will ensure that replacement parts can be easily obtained by the consumers. In essence, more or less 80% of total materials used to construct the product should be obtainable locally. (vi) The novel solar panels should also be easy to maintain and require usual maintenance of 10 weeks between maintenance. In addition, these new solar panels have to be made using components that can be recycled or reused and the wholesalers and retailers should replace the product at the end of its useful life.
For the new solar panels to be made using the singlet fission technology, the requirements include the following: first, the solar panel products must be tough enough to be able to tolerate harsh environments for instance potential stealing, too much solar radiation, and even heavy rains and snow. Secondly, these solar panels should be safe to operate and they should not have the risk of seriously injuring the users in any way. Thirdly, the novel solar panels should have an uncomplicated interface such that the users can easily operate them without finding it difficult. Fourth, the product should have a long lifetime of 12 years. Lastly, these new solar panel products should be repaired without the need of specialized tools and/or equipment. Included in the product purchase would be the necessary tools to carry out usual maintenance as well as repairs. 
Alternative concepts considered in the ideation process
The following concepts were considered during the ideation process: Concept A: Solar Photovoltaic technology: this technology is mainly utilized for grid-connected electricity in operating commercial equipment, domestic devices, air conditioning and lighting for all sorts of buildings. By using batteries and stand-alone systems, solar photovoltaic panels are also appropriate for remote areas wherein there are no sources of electricity (European Photovoltaic Industry Association, 2014). It is notable that solar photovoltaic panels could be mounted on the ground, designed into building materials during manufacturing, or installed on the rooftops of buildings. Installation of a mattress-sized photovoltaic panel costs about $24,000. 
Concept B: Solar thermal technology: Solar thermal systems can work the whole year even in cloudy days and will provide the user with hot water for roughly 70 percent to 80 percent of the year (Good Energy, 2014). They can be utilized in warming rooms inside the house or preheating hot water for the tap. Installing a mattress-sized solar thermal panel will cost about $8,000. It is worth mentioning that reduced hours of daylight in winter serves to reduce the production of heat energy. The advantage of solar thermal panels is that they are more efficient and cheaper than photovoltaic solar panels (Good Energy, 2014). 
Concept C: Hybrid technology (solar thermal and photovoltaic): this technology is used to develop solar panels which combine 2 technologies. These 2 technologies are photovoltaic and solar thermal; hence the solar panel is both photovoltaic and solar thermal (Dechert, 2014). Hybrid panels are advantageous since they are cheaper than a solar thermal solar panel and cheaper than a photovoltaic panel. A hybrid solar panel is also more efficient than a photovoltaic solar panel. Installing a mattress-sized hybrid panel will cost about $7,500. 
Concept D: Singlet fission technology: concepts A, B and C are not novel hence they are not very significant. Installing a mattress-sized solar singlet fission panel would cost about $15,000 and would cover significantly more roof area than the other technologies. Though rather costly compared to solar thermal and hybrid technologies, singlet fission technology is new in the market and will be able to improve the efficiency of the photovoltaic solar panels by at least 30% (Dechert, 2014). Concept D was chosen over the other concepts.