The thin-film solar company, which has been quiet for the past year, says it has orders from solar installers in Europe and expects to lower costs significantly in the next three years.
The company hopes to bring its manufacturing facility online this year and start shipping CIGS products before the calendar turns to 2008.
Chris Eberspacher, one of the stars of CIGS, is no longer in the Nanosolar house.
The thin-film solar maker sees the municipal utility market as promising, but residential systems are in the "near term" plan.
The green-tech darling has brought in about half a billion dollars in the last six years and hopes to finalize major solar-power facilities in San Jose, Calif., and Berlin.
Nanosolar's production machine can turn out 100 feet of cells per minute, making it more cost-effective than existing manufacturing techniques, the company claims.
Closely watched 5-year-old start-up ships its first thin-film solar panels, made using an innovative CIGS printing process, on schedule.
EDF Energies Nouvelles, which serves nine European countries, invests in company that specializes in CIGS solar cells.
Demand for solar cells continues to grow, and two start-ups want to cash in. Who knew that Web 2.0 math would come to the energy business?
Solar captures lion's share of green-tech investments worldwide, bolstered by massive funding of thin-film solar companies, according to Cleantech Group report.