Why Nanosolar can make a difference

Nanosolar a company started by German founder Martin Roscheisen recently shipped its first CIGS solar panels. They have developed a technique to print their light active ink onto all kinds of materials. The thin-film panels produced this way come out at price of $1/watt for a total installation cost of around $2/watt. This makes the technique comparable to coal energy (which costs about $2.10/watt)!

In this price included is a nice margin for Nanosolar. They report that the costs to produce the panels are around 40 cents/watt. These numbers are amazing. What is even better is the fact that this company is already mass-producing these panels. If they continue to drive down the costs, we can soon cover all kinds of surfaces with these panels. These are truly exciting times in my opinion.

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