Nanosolar’s coating machine: Better than printing money?
Solar energy at a buck a Watt – Nanosolar grabbed headlines last year when it pegged the target price of its printed solar cells at $1/W.
This week, Nanosolar put up a video of its 1GW (in annual production) solar ink coating machine, which the company says costs $1.65M. The coater, which works in a normal factory environment, and coats metal film with a proprietary ink based on a Copper-Indium-Gallium-Diselenide (CIGS) compound, is just a continuous-process printing machine, and is inherently cheaper and simpler than traditional silicon wafer deposition processes used in today’s photovoltaic cells. True, the efficiency of the Nanosolar technology is less: 14% compared to ~25% silicon wafer efficiency. But 14% is still very practical.
So, in essence you have a machine you pay $1.65M for and feed in CIGS ink and metal foil, and at the end of the year you have produced 1GW worth of thin-film solar cells which you sell for about $1/W, or about $1B worth of product. Yeah, I’m beginning to see Nanosolar’s business model.
Here’s another interesting energy number from the Nanosolar site: Energy payback time is the time that a solar panel has to be used in order to generate the amount of energy required to produce it. The energy payback time for a Nanosolar panel is less than two months. A typical silicon wafer solar panel has an energy payback time of around three years, and a typical vacuum-deposited thin-film cell has one of 1-2 years. (Which makes me wonder what the energy payback time of a coal-fired plant is, or a nuclear?)
Video of the solar ink coating machine:
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