Big Breakthrough in Solar Costs?
First Solar, the Tempe-based producer of photovoltaic solar panels, said this week it has scored a major breakthrough by reducing the cost of manufacturing its modules to less than $1 per watt.
First Solar uses thin-film technology to convert sunlight into electric current without the need for silicon, a more expensive material used in most photovoltaic cells. Also the company said it is benefitting from mass production techniques as demand soars for its modules.The company has reduced its production costs by two-thirds in four years - from more than $3 a watt in 2004, the company said.
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First Solar uses thin-film technology to convert sunlight into electric current without the need for silicon, a more expensive material used in most photovoltaic cells. Also the company said it is benefitting from mass production techniques as demand soars for its modules.The company has reduced its production costs by two-thirds in four years - from more than $3 a watt in 2004, the company said.
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PermaLink - Big Breakthrough in Solar Costs?
