Cheap Solar Panels

Yesterday Nanosolar announced it has started to sell cheap solar panels at a materials cost of roughly $1/W and a finished panel cost of ~$2/W: As a reference point, coal powered electricity is about $1/W when considering the fully burdened cost of the plant and operations. When a new technology is within a factor of two of an old, heavily invested technology, I get excited. This is getting interesting.

Nanosolar was founded in 2002 and has plants in San Jose, CA and another near Berlin, Germany. They received $20M from Mohr Davidow Ventures. Other investors include Sergey Brin and Larry Page.

More articles on Nanosolar: Thanks to Will Whitted for directing me to Nanosolar.


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