ApocaDocs: First Solar reaches 'dollar per watt milestone'

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Posted Wed Feb 25 2009: from BusinessGreen:


	First Solar reaches 'dollar per watt milestone' http://apocadocs.com/s.pl?1235588195 The company said that during the fourth quarter of last year, the manufacturing cost for its solar modules stood at 98 cents per watt, taking it below the $1 per watt mark for the first time.... First Solar said it was confident that plans to more than double its production capacity through 2009 to more than one gigawatt would allow it to reduce costs further to a point where energy from solar panels can undercut that from natural gas and coal. According to the company, it has already reduced costs from more than $3 a watt in 2004 to less than $1 a watt now and there is every indication that the trend will continue as production capacity increases.

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'Doc Jim says:

Hey, governments? Pre-order a few dozen gigawatts to prime the pump.