Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Nanosolar Ships First Panels
December 18, 2007
Posted by Martin Roscheisen, CEO
After five years of product development – including aggressively pipelined science, research and development, manufacturing process development, product testing, manufacturing engineering and tool development, and factory construction – we now have shipped first product and received our first check of product revenue.
We are grateful to everyone who supported us through all these years and the many occasions where there appeared to be mile-high concrete walls in our path; the unusual intensity and creativity of our team deserves all the credit for achieving this major milestone today.
Our product is defining in more ways I can enumerate here but includes:
- the world’s first printed thin-film solar cell in a commercial panel product;
- the world’s first thin-film solar cell with a low-cost back-contact capability;
- the world’s lowest-cost solar panel – which we believe will make us the first solar manufacturer capable of profitably selling solar panels at as little as $.99/Watt;
- the world’s highest-current thin-film solar panel – delivering five times the current of any other thin-film panel on the market today and thus simplifying system deployment;
- an intensely systems-optimized product with the lowest balance-of-system cost of any thin-film panel – due to innovations in design we have included.
Today we are announcing that we have begun shipping panels for freefield deployment in Eastern Germany and that the first Megawatt of our panels will go into a power plant installation there.
As far as the first three of our commercial panels are concerned:
Panel #1 will remain at Nanosolar for exhibit.
Panel #2 can be purchased by you in an auction on eBay starting today.
Panel #3 has been donated to the Tech Museum in San Jose.
[These are obviously not the first three we ever produced – we have produced loads for testing – but these are the first three of what we consider our commercial panels.]
Last edited by cephalotus on Tue Dec 18, 2007 7:05 pm; edited 1 time in total
Posted: Wed Dec 19, 2007 1:22 am Post subject: Re: PV-modules for as little as $0.99 / Wp?
cephalotus wrote:
- the world’s lowest-cost solar panel – which we believe will make us the first solar manufacturer capable of profitably selling solar panels at as little as $.99/Watt;
A well crafted PR sentence! Note it does not say that they are selling profitably at $.99/Watt, but that they believe that they will be able to the first to do so some time in the future.
It would have been informative it they had said what the current price really is. _________________ We should teach our children the 4-Rs: Reduce, Reuse, Recycle and Rejoice.
Posted: Wed Dec 19, 2007 11:26 am Post subject: Re: PV-modules for as little as $0.99 / Wp?
Hey, they actually shipped something.
The first "we'll have a product in 5 years" company to actually have a product.
It would also be nice to know how much they plan to produce in a year. I think I read once that their San Jose facility would produce up to 250MW a year. With world solar panel consumption at 2200MW that should make a nice dent in the supply/demand ratio for solar cells. Although don't expect any change in prices until supply exceeds demand; regardless of the cost to produce a panel. But hey, its a start
BTW for the record I don't see Nanosolar as a "save the world" type technology, just a "save me" technology _________________ Angry yet?
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