Nanosolar Ships First Panels POSTED December 19, 2007 SAN JOSE -- Nanosolar, a thin-film solar energy company based in San Jose, announced it has shipped its first solar panels for use in Germany. In a blog posted by CEO Martin Roscheisen, the company began shipping the panels after five years of development. According to his blog, the panels were: - 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. The new panels will be used in a power plant in Eastern Germany. The company is planning to auction one of its first panels produced on eBay and is also donating one for display at the Tech Museum in San Jose. Google founders Sergey Brin and Larry Page are investors in the startup firm. Return to SVDaily Home Page © Copyright SVDaily.com

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