<![CDATA[Cheap Solar Power Is Here]]>Nanosolar, of San Jose, CA, reports that they have a production tool with a 1GW/year capacity. That’s a single $1.65M tool which can crank out the equivalent of a nuclear power plant every year. Something tells me they’ll make more than one of these tools.

They plan to supply their wholesale market first, and have cheap solar panels available retail in 2009. I knew (through a very smart friend who has been tracking this because he wants to use it to charge his Tesla) this was coming which, combined with a lack of cash, is the main reason I haven’t gone solar at home yet.

It may be time soon.

]]>