Interesting this from GE last evening. Note the low efficiency, but the issue here is more about cost in circumstances where space (and hence efficiency) is not such an issue:
GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), announced that scientists on their Nano Photovoltaics (PV) team have demonstrated a scalable silicon nanowire-based solar cell, which has the potential to achieve up to 18% efficiency and be produced at a dramatically lower cost than conventional solar cells. This demonstration represents a promising development in the effort to make PV systems more economically viable for consumers.
From:
http://research.tdameritrade.com/public/stocks/news/story.asp?docKey=100-016b7506-1
This is not happening in an area that SLX is supposedly targetting (low cost AND high efficiency) but continues to demonstrate that the solar market is moving along quickly and is very competitive. SLX / Translucent better hurry up in other words, evolution or not.
J.
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Interesting this from GE last evening. Note the low efficiency,...
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