Thursday, September 10, 2009

Nanosolar Has $4 Billion in Contracts

Nanosolar has announced that they now have $4 billion on in contracts and can make a profit selling its products for $1 per watt of a pane's capacity. That is competitive with power sold from fossil fuels world wide.

They expect to build (in a 6-month time frame) municipal solar power plants that will generate from 2 to 20-megawatts for peak power consumption.

It will be interesting to see how they do competing with First Solar.

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