$4.1 Billion in Orders for Thin-Film Solar
By Todd Woody on September 9, 2009
Since its founding in 2002, Nanosolar has raised a lot of money – half a billion dollars to date – and made a lot of noise about upending the solar industry, but the Silicon Valley start-up has been a bit vague on specifics about why it’s the next big green thing.
On Wednesday, Nanosolar pulled back the curtain on its thin-film photovoltaic cell technology — which it claims is more efficient and less expensive than that of industry leader First Solar — and announced that it has secured $4.1 billion in orders for its solar panels.
The typical Nanosolar farm will be between 2 and 20 megawatts in size, Mr. Roscheisen said in an e-mail message from Germany, where he was attending the opening of Nanosolar’s new factory near Berlin. “This is a sweet spot in terms of ease of permitting and distributed deployment without having to tax the transmission infrastructure.”
Nanosolar, based in San Jose, Calif., has developed a solar cell made from copper indium gallium (di)selenide. The semiconducting materials and nanoparticles are contained within a proprietary ink that makes it possible to print flexible solar cells on rolls of cheap aluminum foil.
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