Monday, March 2, 2009

Solar Panel Drops to $1 per Watt

An Arizona solar panel firm announced that the manufacturing costs for its thin-film photovoltaic panels has dipped below $1 for the first time. Comparable panels are in the $3 range. Don't expect it to get much cheaper any time soon. Even with this success, the company and many of its competitors are taking hits in the markets.

Some long-term thinking and research is needed and it needs to start now. It will not be cheap but it will be much more costly if we wait.

No comments: