Nano Solar is now shipping

I described in an earlier post about a new company developing thin film solar panels. Nano Solar recently sent out a progress report to subscribers which I will paste below. I find this development very encouraging and exciting. The only issue seems to be supply availability for individual home owners. The first use of this major advancement in solar technology is headed to Germany for a megawatt municipal power plant. It seems the US archaic electrical codes are an obstacle to the progress here. Hopefully the success of the plant in Germany will help get things changed here, but that is not what the old US is good at… so far.

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.

This entry was posted on Monday, January 14th, 2008 at 5:01 pm and is filed under Solar. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.