New Low Cost Solar Panels Ready

Colorado State University's method for manufacturing low-cost, high-efficiency solar panels is nearing mass production. AVA Solar Inc. will start production by the end of next year on the technology developed by mechanical engineering Professor W.S. Sampath at Colorado State.

Produced at less than $1 per watt, the panels will dramatically reduce the cost of generating solar electricity and could power homes and businesses around the globe with clean energy for roughly the same cost as traditionally generated electricity.

The cost to the consumer could be as low as $2 per watt, about half the current cost of solar panels. In addition, this solar technology need not be tied to a grid, so it can be affordably installed and operated in nearly any location.