At $1 per Watt, the iTunes of Solar Energy Has Arrived

Nanosolar.jpg

A Silicon Valley start-up called Nanosolar shipped its first solar panels -- priced at $1 a watt. That's the price at which solar energy gets cheaper than coal. Curious that this story is not on every front page.

Still, to commemorate the achievement, Nanosolar CEO Martin Roscheisen (pictured) is reserving the first three commercially-viable panels. One is staying on display at company HQ; one has been donated to San Jose's Tech Museum of Innovation. And the other is was on sale on e-bay.

Starting price? 99 cents.

12/26 update: But then an officious nincompoop at the online auction company stopped the auction.

So far, there have been 83 bids and the price has reached $10,300. The auction is over on December 27th at 17:13:10 PST. We know the heavy hitters won't even show up until 17:12:40.

How did Nanosolar make this breakthrough?

While other companies have been focusing their efforts on increasing the efficiency of solar panels, Nanosolar took a different approach. It focused on manufacturing. Here's what it says on the company's home page:

Nanosolar has developed proprietary process technology that makes it possible to produce 100x thinner solar cells 100x faster.

Essentially, they've figured out how to print solar cells on thin sheets of aluminum with a printing press.

This could be a big nail in the dirty coal coffin. Remember a few weeks ago Google announced its RE<C initiative, to develop renewable energy that's cheaper than coal? Here's one Google investment that is already paying off. Other developments worth noting:

  • IBM's top manufacturing executive has joined Nanosolar
  • The company raised $100 million to build a factory, and has secured more than 600,000 feet of manufacturing space.
  • It already has orders for the first 18 months of manufacturing capacity

For more details on what Nanosolar is calling The Third Wave of Solar Power, check out their web site and discussion of 7 areas of innovation they've mastered.


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Yes, Solar energy is one of the good resource to be used rather than other resources. In future, Solar energy will be used a lot.
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Re: At $1 per Watt, the iTunes of Solar Energy Has Arrived

The 1973 oil embargo and 1979 energy crisis caused a reorganization of energy policies around the world and brought renewed attention to developing solar technologies. Deployment strategies focused on incentive programs such as the Federal Photovoltaic Utilization Program in the US and the Sunshine Program in Japan. Other efforts included the formation of research facilities in the US (SERI, now NREL), Japan (NEDO), and Germany (Fraunhofer Institute for Solar Energy Systems ISE). A recession is awful, but a disaster is worse. Disaster, be it natural or manmade, is a fascinating topic. Many out there are devotees to one specific disaster, and all associated memorabilia, the Titanic. The RMS Titanic is among the worst of maritime disasters. Lousy materials and construction paired with a flawed design made for a very bad disaster. But it's not just the Titanic. Lots of people are fascinated with the tales of survivors, and some look into an online payday loan to get their hands on new stuff. Others would look into no end of personal loans to ward off the next natural or man made disaster.

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I would always agree with solar and wind mill energy or any other natural resource energy that will not harm our environment. Nuclear energy is a big NO NO, although it is a very reliable source of energy but it is also destructive, if it use in wrong way and it is always possible. - Yameer from Resorts 360.

Optimal use of Solar Energy

It is very good that we use of solar energy to our optimal level of usage. Every one will be having huge space on their open terrace where sun light will be available always and ready to use. If we use it wisely, then many problems will be saved like generation of electricity and all.

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Is silicon valley will sell those solar panel to individual user or they are going to put up a large plant, that will supply households? Solar energy is really money saving alternative for electricity. How much is the initial investment of a household who consume 500Kilowatt to 1000Kilowatt, if they decided to put up solar energy.

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think it's great that private companies are taking energy efficiency and alternative means of fuel to make a profit. I'll be looking forward to their progress in the advancement of solar technology. I doubt it's the end to our energy problems, but it's definitely a promising step. BTW, how much energy does it cost to make one of these

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Requiring not anything but abundant, non-toxic normal materials

Requiring not anything but abundant, non-toxic normal materials, this moment discovery ought to unlock the a large number of potent, carbon-free fuel source of all: the sun. “This is the nirvana of how we’ve been heard operating just about for years,” claimed MIT’s Daniel Nocera, the Henry Dreyfus Professor of Energy at MIT and senior author of a paper describing the tedious work in the July 31 quandary of Science. “Solar energy has constantly kept on a limited, far-off solution. Now we can monumentally imagine throughout solar electricity as unlimited and soon.

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