I blogged before about NanoSolar's exciting prospects, and today they announced that they've shipped their first product and received their first check of product revenue.
In their announcement they make the claim that they'll be able to produce at $0.99/watt, which is on the way to the $0.30 they predicted before. If you'll recall, my calculations used a more conservative $0.60 and showed that they were on track for utility-scale power generation competitive with coal. So their claim today of $0.99 is a big milestone.
Funny enough, you can buy one of their first commercial panels on eBay. It's up to $7,350 right now. If they could just get that much for each panel, that'd be a pretty profitable model...
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