(NaturalNews) A new combination of nano and solar technology has made it possible for solar electric generation to be cheaper than burning coal. Nanosolar, Inc. has developed a way to produce a type of ink that absorbs solar radiation and converts into electric current. Photovoltaic (PV) sheets are produced by a machine similar to a printing press, which rolls out the PV ink onto sheets approximately the width of aluminum foil. These PV sheets can be produced at a rate of hundreds of feet per minute.
Nanosolar, a heavily financed Silicon Valley start-up whose backers include Google's co-founders, plans to announce Tuesday that it has begun selling its innovative solar panels, which are made using a technique that is being held out as the future of solar power manufacturing.
The company, which has raised $150 million and built a 200,000-square-foot factory here, is developing a new manufacturing process that "prints" photovoltaic material on aluminum backing, a process the company says will reduce the manufacturing cost of the basic photovoltaic module by more than 80 percent.