SunEdison Predicts 40ct/Watt Solar Panels Before 2016
SunEdison is making the prediction that with the large-scale implementation of its new high-pressure fluidized bed reactor technology at its new facility in Korea that it will be able to supply source polysilicon capable of allowing 400-watt peak solar PV panel performance at a cost of $0.40 per watt sometime before 2016, according to reports.
The previously mentioned high-pressure fluidized bed reactor technology (HP-FBR) that SunEdison recently developed reportedly produces high-purity polysilicon over 10 times more efficiently than the industry standard Siemens processes, while at the same time using considerably less energy doing so (90% or so less energy).
Editor: this is of course good news. One could be tempted to postpone the purchase of a domestic solar photo-voltaic energy system with another 1-2 years. With developments like this it could happen that solar will rapidly outperform wind energy. With 40ct/Watt, the world does not really have an energy problem. The problem is timing (we began the transition too late) and the western financial system is teetering on the edge of collapse.