This is an exciting product which has been in development for some time; previous technology has resulted in a cost of about $3/Watt, but coal fired power costs only a third of that; This new solar nanotechnology cuts production costs by 90%, which puts solar in competition with other power generation technologies.
Nanosolar Inc., a global leader in solar power innovation, and Beck Energy, a leading integrator of large-scale solar power systems, today announced that they have won a highly competitive public selection process for a solar power plant located on a former landfill owned by one of the largest waste management companies in Eastern Germany.
The project will employ the Nanosolar Utility Panel™ in combination with systems technology and services from Beck Energy. The initial size of the plant is 1MW, an amount sufficient to power approximately 400 homes. The Nanosolar Utility Panel™ is Nanosolar’s first product as part of its award-winning PowerSheet™ product line – recently named the Top Innovation of the Year 2007 by Popular Science Magazine – and the company’s solution for building solar power plants on free fields at the outskirts of towns and cities. “This is the first time that a solar electricity cell and panel has been designed entirely and specifically for utility-scale power generation,” said Martin Roscheisen, CEO of Nanosolar. “It will set the standard for green power generation at utility scale.”
Visit their website and look around. The founders of Google are investors.