The Solar Trend…Get Used to Seeing More of This

  • Posted by
  • on December 18th, 2007

Silicon Valley will always be about technology.

The next 10 years will likely be more about energy and medical than straight tech. There is more at stake and these two sectors are behind on innovation. they take huge sums of money that Silicon Valley has in it’s coffers and can’t spend on the web.

Here is a new $150 million funded solar manufacturing company .

This is the most interesting tidbit for you to remember:

Nanosolar’s founder and chief executive, Martin Roscheisen, claims to be the first solar panel manufacturer to be able to profitably sell solar panels for less than $1 a watt. That is the price at which solar energy becomes less expensive than coal.

“With a $1-per-watt panel,” he said, “it is possible to build $2-per-watt systems.”

According to the Energy Department, building a new coal plant costs about $2.1 a watt, plus the cost of fuel and emissions, he said.

This is the beginning, not the end of solar energy. Very exciting times. If you get mucked up focused on the averages and the financials, you will miss all the great new trends just beginning.

Disclosure- Long FSLR and CSIQ

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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