Quest for the $1 per Kilowatt Solar Cell

A new company appears to have cracked one of the major obstacles towards full-scale adoption of solar power: Cost.

Its cells can generate power at a price approaching "grid parity" - that is, the same acquisition cost over their lifespan that it would cost to buy power from a normal electric company. It turns out that cost is about $1 per killowatt of capacity.

Previous solar cells cost about $2-4 per killowatt, so this is huge cost savings over the previous technology.

Read the full story at the link.

Filed under: solar power, cheap, and grid parity