Posted on Saturday, December 22 2007 @ 23:25 CET by Thomas De Maesschalck
The release of Nanosolar's first products is significant because the company develops a process to print solar cells made out of CIGS, or copper indium gallium selenide, a combination of elements that many companies are pursuing as an alternative to silicon.Nanosolar's CEO Martin Roscheisen claims their production process will eventually enable them to ship solar panels that deliver electricity at a price of less than one dollar per watt.
The 5-year-old company, based in San Jose, Calif., has raised more than $100 million in financing and has drawn in Google founders Sergey Brin and Larry Page as investors.
Because of the high price of silicon, several companies are making thin-film cells from CIGS, but a number have run into technical problems.
Source: CNET
