After 11 years of testing and trying - and not making money - startup Global Solar Energy says it has refined its thin-film flexible photovoltaic cell to the point it says it can produce solar panels at one-third to one-half the cost of the current industry standard.
"We’re sold out for the next year at a price that ensures we’re profitable," said Mike Gering, president and CEO of Global Solar. "There’s a big difference between production and the laboratory. We’re in production. We can replicate this time after time."
Global Solar is already known for its thin, flexible photovoltaic cells, used by the U.S. Army in its portable solar field battery chargers. The older portable product worked just fine, but it didn’t have the durability or efficiency needed for rooftop applications.
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