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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 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.
The thin-film solar maker sees the municipal utility market as promising, but residential systems are in the "near term" plan.
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?
Closely watched 5-year-old start-up ships its first thin-film solar panels, made using an innovative CIGS printing process, on schedule.
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.
Global Solar says it's number one in solar cells made from copper indium gallium selenide, but so does Nanosolar.