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The "tipping point" will arrive when the capital cost of solar power falls below $1 (51p) per watt, roughly the cost of carbon power. We are not there yet. The
by ph0rque 19y ago
The "tipping point" will arrive when the capital cost of solar power falls below $1 (51p) per watt, roughly the cost of carbon power. We are not there yet. The best options today vary from $3 to $4 per watt - down from $100 in the late 1970s.
Nanosolar is "the first solar manufacturer capable of profitably selling solar panels at as little as $.99/Watt" (http://www.nanosolar.com/blog3/2007/12/18/nanosolar-ships-first-panels http://www.nanosolar.com/blog3/2007/12/18/nanosolar-ships-fi...)
edit: after the post, I remembered that the cost of a solar panel is only about half the total cost of solar power.
- pingswept 19y agoThe evidence that Nanosolar is really shipping panels at $0.99/W is pretty weak. They made that announcement in December; I've seen no corroboration. They've also claimed that they were going to build a factory capable of producing 430 MW of panels annually by the end of 2007, which hasn't happened. I'll be their biggest fan if they succeed, but so far, they're making big claims, soaking up VC funds, and shipping little product.