There is a little known revolution going on in the worlds of particle physics and power generation.
Humankind’s understanding of Nature and physics has been radically revised, and now, as a result, an entirely new power system has been developed which is capable of generating commercial levels of electrical and thermal power – simply and easily from safe, inexpensive, non-polluting reactions, all at very low cost.
This technology represents the single greatest industrial innovation since the steam engine, one which will fully redefine the way the world will generate and use power in the decade ahead.
Its commercial potential and development has been independently confirmed and validated by six different groups of leading scientists and product development experts from industry and academia, with Ph.D.s from prestigious universities, including the Massachusetts Institute of Technology and California Institute of Technology.
Paragon is part of the international team helping to develop this transformational commercial technology.
While this new technology’s commercial development continues, there are a range of other evolving power-related technologies available to business and consumers in the interim, either as alternatives and/or complements to conventional power generation systems.
There is a significant and growing gap in energy generation capacity in both developed and emerging markets. Paragon is committed to using proven next-generation technology to develop profit-driven long-term renewable energy projects to meet those challenges.
The global market for energy is a massive 15 terawatts of power consumed annually, with projected demand as high as 30 terawatts for 2050. Worldwide concern over climate change, security of supply & political risk in oil producing regions, and the 2007/08 spike in oil prices generated a surge of innovation in the renewable energy sector over the past few years.
Paragon helps clients capitalize on the latest innovation to develop sustainable energy plants that are cost-competitive over the life of the project. To accomplish this, Paragon develops partnerships with leading energy technology providers in emerging tech, hydrogen, solar, wind, power storage, smart grid tech, and installation. With our partners, Paragon can guarantee that projects will utilize the most modern, cutting edge technology globally available.