We brought you word last week that thin-film solar company Nanosolar had recently started producing solar panels at its plant in San Jose, Calif., meeting its goal of beginning manufacturing before the end of 2007. Now Nanosolar CEO Martin Roscheisen writes on the company blog that the five-year-old company, which has raised at least $100 million in funding from investors, has shipped its first product and received its first check of product revenue.
Nice going, guys. The achievement is important, because thin-film solar companies have been notoriously slow to reach the commercial manufacturing stage and have faced delays in getting products to market. Roscheisen writes that the company’s solar products are:
“the world’s first printed thin-film solar cell in a commercial panel product,” and “the world’s lowest-cost solar panel . . . profitably selling solar panels at as little as $.99/Watt.”
The company has started shipping panels for deployment in Eastern Germany and says that the first MW of panels will be installed in a solar power plant.
The company is getting a bit nostalgic over its first three “commercial” panels, keeping panel No. 1 on exhibit at its headquarters, putting panel No. 2 up for auction on eBay, and donating panel No. 3 to the Tech Museum in San Jose.