Saturday, December 22, 2007

Breakthrough in solar panel prices

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.

“With a $1-per-watt panel,” he said, “it is possible to build $2-per-watt systems.”

According to the Energy Department, building a new coal plant costs about $2.1 a watt, plus the cost of fuel and emissions, he said.
That's not the real news.

Centralized power generation will be the new
dodo bird...extinct at some point.

A few panels on your roof and away you go,
off the grid.

Ooooha.

Of course it's a little more complicated than
that.

Read.