Cheaper solar: Holy grail of solar panel industry
Solar panel industry achieves Holy Grail - $1 per watt grid-parity
"Using cadmium telluride (CdTe) technology in its thin-film photovoltaic (pv) cells, First Solar claims to have the lowest manufacturing cost per watt in the solar industry with the ability to make solar cells at 98 cents per watt. That's one third of the price of comparable standard silicon panels. The efficiency of solar cells is in part due to a low cycle time - 2.5 hours from sheet of glass to solar module - about a tenth of the time it takes for silicon equivalents."
