14 Oct '11, 12am

Breaking News: GE Thin Film Plant to Open in Colorado via @greentechmedia

After month's of lobbying, Colorado will become the home of General Electric's proposed 400 megawatt cadmium telluride (CdTe) solar panel factory, according to Colorado Energy News and other sources. GE announced the completed acquisition of PrimeStar Solar in April of this year, the original developer of the CdTe technology. GE (NYSE: GE) claims to have achieved the (independently verified) highest recorded efficiency for cadmium telluride at almost 13 percent for a full scale module. The firm claimed the best way to reduce solar cost was by improving efficiency, also stating that each percentage point in efficiency lowers cost by 10 percent. Note that First Solar , the clear leader in thin-film solar, is in gigawatt-scale production at 11.7 percent efficiency with a $0.75 per-watt cost and a guidance of 2 gigawatts of production in 2011. Abound Solar , another CdTe aspir...

Full article: http://www.greentechmedia.com/articles/read/Breaking-News...

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