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Silicon Valley Startup Prints $1/watt Solar Panels

GWBasic writes "A Silicon Valley start-up called Nanosolar has shipped its first solar panels — priced at $1 a watt. That's the price at which solar energy gets cheaper than coal. While other companies have been focusing their efforts on increasing the efficiency of solar panels, Nanosolar took a different approach. It focused on manufacturing. 'The company [has developed] a process to print solar cells made out of CIGS, or copper indium gallium selenide, a combination of elements that many companies are pursuing as an alternative to silicon.'" The outfit also happens to be backed by Google, a fact that's getting some attention at tech media sites.

5 of 519 comments (clear)

  1. Re:Seems good. by Rei · · Score: 5, Informative

    It is a rather safe formulation. That's one of the reasons why it's more popular among new companies than cadmium telluride cells.

    Nobody can "put their money where their mouth is" and "snatch these up", because all of their capacity is currently being eaten up by a 1MW german PV installation. And, one correction to the article: they're not being sold for $0.99. The company has stated that they can turn a profit on them selling them at $0.99. But as long as there's a glut of demand and shortage of cells, it seems unlikely that they'll hit that price. What it *does* mean is that Nanosolar never has to worry about money again. Venture capitalists will be throwing money at them if only Nanosolar lets them. They'll have no problem scaling up production; we just need to be patient.

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  2. Some calculations by SamP2 · · Score: 5, Informative

    In hotter climates people use solar roofings already, especially for electric water boilers. But with sufficiently cheap and available coating, people could make entire roofs covered with solar panels. You'd also of course have to think about things like durability and waterproofing.

    (Up front, I apologize to all the yanks for being an insensitive clod that doesn't use imperial measurements).

    Earth's surface is absorbing ~90 petawatts of electricity any give time (Wikipedia), and with 510 million square kilometers of surface area, an incredibly rough generalized calculation says that each square meter absorbs 175 watts (this is a 24-hour average, even though obviously it's all absorbed during daytime). Of course, not all or even most of it can be converted to electricity, but still, that's a huge resource tap. I'd estimate an average home to have a roof surface area of about 50 square meters, which means that on average the sun sends 8kW on your roof. Next, the average American household uses 8900 kWh/year, which produces, again, an average usage of about 1 kilowatt per household. If you tile your entire roof with solar panels, you'd need to be able to convert 12% of heat/light energy to electricity in order to be fully self-sufficient.

    An extra bonus is that the more you absorb the sun's energy as electricity, the less of it is converted to heat which dissipates around the planet, and that in and of itself reduces the effect global warming. So you are being twice as productive - not rely on heat-trapping coal, and reduce the amount of heat that saturates on the planet in the first place.

    Of course, this would have to be done on a truly massive scale to have any effect, but every bit helps, and if the industry can make it profitable to the consumer (and of course overcome the interests of evil megalomaniac neofascistliberal Big Oil corporations, as any /. troll will point out), it'll grow on its own.

  3. Corrections by abramsh · · Score: 5, Informative
    • They are not selling at $1/watt, that is their goal. They would be selling at $2.12/watt, but they are sold out for the next 18 months.
    • They are not backed by Google, they are partially backed by some of the Google founders.

  4. Re:Consumer offerings? by Rei · · Score: 5, Informative

    Yes, it is cheaper than coal power, almost everywhere in the US. You can run the numbers for yourself. The problem with coal is that once you burn it, it's gone. The problem with traditional solar is that the capital costs are so high, you'll never catch up with the interest. When you cut the capital costs on solar significantly, it wins hands-down.

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  5. Re:Consumer offerings? by bodrell · · Score: 5, Informative

    This is a huge milestone. However, the summary gets a couple things wrong: First, $1/watt panels aren't "cheaper than coal". Large coal consumers buy 2,000 pounds of coal for $50. Burn that in a crappy Bush-endorsed power station, and utilities can print money at $0.07/KWh.
    You can't compare watts to kWh. They aren't the same units. But I went ahead and did the math for you.

    1 kWh = 3.61 x 10^6 J
    $0.07/kWh = 14.3 kWh/$ = 51.6 x 10^6 J/$
    solar panel = $1/W = $1/(J/s)
    3600 s/h, 24 h/d, 365 d/year --> 31.5 x 10^6 s
    51.6 x 10^6 (J/$) / 31.5 x 10^6 (J/year/$) --> 1.64 years (producing at full capacity) makes it cheaper than coal. Even if you only run at 25% capacity on average, taking into account varying daily solar intensity, the investment pays for itself in 6.5 years.

    Of course, your other points are valid; burning coal is bad, at least using the current technology. And that $1/W number is still theoretical, so if they're selling at $4/W, then it would take 26 years to be as cost-effective as coal (given constant energy costs; but that time would be much shorter if we have an energy crunch and prices spike--or another Enron-style price-gouging scam, for that matter).
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