Solar PV prices halved by 2010: Sharp

The president of Japan’s Sharp Co. told Reuters today that he expects the cost of generating solar power will be slashed in half within the next four years. He went on to say that solar power will be competitive with nuclear power by 2030.

But here’s the kicker: When asked about solar’s competitiveness with coal and other fossil fuels by 2030, Sharp’s president replied that “fossil fuel resources will be totally out by then.”

Interesting, hopeful — and maybe a tad unrealistic — comments from a top executive at the world’s biggest maker of solar cells.

4 thoughts on “Solar PV prices halved by 2010: Sharp”

  1. There was a report in February about breakthrough solar technology from South Africa A few new details have trickled out: ( scroll down to “bright spark” chapter ) “The pilot plant has shown the production cost per watt to be €0,95, verified for a 25-MW production facility, assuming a 10% efficiency and average production yield of 85%,” says Alberts. Following restructuring, IFE became Johanna Solar Technology (JST), the universal successor of IFE. This completed, JST has now started construction of a €72-million manufacturing plant of 30-MW capacity in Brandenburg, Germany. Production is set to start in March 2007. /END QUOTE For a claimed three- to fourfold decrease in costs, that would be pretty good if true. I wonder if anyone has seen those pilot panels in operation, firsthand.

  2. Interesting. Hopefully he will make it come true. It sounds as though they must have a lot of production coming on line, as solar has until recently suffered from massive underfunding.
    Tyler, is Sharp planning on producing their own silicon? This has always been a problem as the solar industry is dependent on scraps from the semiconductor industry.

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