Nanosolar’s PowerSheet Makes Solar Power Cheaper Than Coal

Nanosolar, a very young tech company, has successfully created a solar coating (PowerSheet) that is the most cost-efficient solar energy source to date, even beating coal in terms of per watt production cost.

These coatings are as thin as a layer of paint and can transfer sunlight to power at amazing efficiency. Although the underlying technology has been around for years, Nanosolar has created the actual technology to manufacture and mass produce the solar sheets. The Nanosolar plant in San Jose, once in full production in 2008, will be capable of producing 430 megawatts per year. This is more than the combined total of every other solar manufacturer in the U.S.

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