Producing Solar Below 70 Cents a Watt | Renewable Energy World

Producing Solar Below 70 Cents a Watt Renewable Energy World: "Okay, so the sub-one dollar production cost is still a major milestone. But as more companies approach or cross the threshold, the solar industry is starting to compete at a much different level.

In 2009, industry leader First Solar was the first company to produce cadmium-telluride thin-film modules for below a dollar a watt. Today, the company is producing panels at 76 cents a watt – a benchmark by which all other solar manufacturers are compared. If a company can't provide a clear path to that cost range quickly, it probably doesn't have a good chance of competing in today's market. But First Solar certainly can't rest on its laurels."