No more excuses: solar now cheaper than coal
An article about the Silicon Valley solar panel manufacturer Nansolar appears in the New York Times which highlights how their technology will change the economics of solar power:
While many photovoltaic start-up companies are concentrating on increasing the efficiency with which their systems convert sunlight, Nanosolar has focused on lowering the manufacturing cost. Its process is akin to a large printing press, rather than the usual semiconductor manufacturing techniques that deposit thin films on silicon wafers.
Nanosolar’s founder and chief executive, Martin Roscheisen, claims to be the first solar panel manufacturer to be able to profitably sell solar panels for less than $1 a watt. That is the price at which solar energy becomes less expensive than coal.
December 19th, 2007 at 1:15 am
I hope those bastards of OPEC are affraid. Very affraid.