Tuesday, August 11, 2009

Nanosolar Price Barrier Breakthrough Makes Than Coal

There has been a breakthrough in developing a new combination of nano and solar technology that is actually cheaper than burning coal. It's also 100 times thinner than solar panels that exist today and it can drive down costs almost immediately. PV cells cost $3 per watt and burning coal costs $1 per watt. That is a huge amount when projecting a normal abundance of energy. They are also working in factories that are located in San Jose, CA and Berlin. They have also raised over 150 million in funds from venture capitalists.


The bottom line is ...

New technology is cheaper than burning coals

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