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.U.S. firms working to lower cost of solar energy

The Miami Herald -- One piece of the American effort to find a way to make solar energy cheap enough that everyone will want it is unfolding in a modest redbrick building in this Midwestern city once known as one of the nation's top makers of glass.

Xunming Deng, a physicist, started a solar company in Ohio eight years ago as a spinoff from his research at the University of Toledo. He's attracted $40 million in venture capital, and designed and purchased manufacturing equipment. He now thinks that his Xunlight Corp. is on the brink of profitability and fast growth. It expects certification this spring and is getting ready to ramp up production.



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Submitted Mar 14, 2010 By: JOHNNY95206
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Author Topic: .U.S. firms working to lower cost of solar energy Post a Reply Back to Topics
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vandamme
All-Star Author New York

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Message Posted: Mar 15, 2010 10:22:49 AM

...and someday they will be outlawing them because of the cadmium. But at least people are working on it. 85 cents a watt isn't going to cut it without massive subsidies.
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SpaceAce5
Veteran Author South Dakota

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Message Posted: Mar 14, 2010 3:24:38 PM

brng the cost down, Yeah!

if more commercial buildings would take an example from Fed-Ex and its newer distribution facilities, it would be amazing
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ronsimonil
All-Star Author Illinois

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Message Posted: Mar 14, 2010 9:38:45 AM

the more and cheaper alternatives the better our future.
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ljmatney
Champion Author Wichita

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Message Posted: Mar 14, 2010 9:24:59 AM

As with all things, the beginning costs more because of research and small customer base. As solar grows the cost will shrink. Remember paying hundreds of dollars for VCR's? Works the same.
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Wizrd03
Champion Author Illinois

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Message Posted: Mar 14, 2010 9:17:54 AM

At $40,000 a system, what would probably be needed for a 3000 square foot home, the payback would be around 22 years figuring a $150 a month electric bill at which time the batteries would need to be replaced for $25.000. That's using large lead-acid batteries like the telephone systems use. The "maintenance free" batteries last at most 10 years with today's technology.

All this is assuming that you've got sunny days every day and you don;t need to buy any power. And forget about selling excess power, you need that to charge your batteries for when the sun isn't shining. As an electrical engineer, I'd want 2 days worth of caspacity in the battery. To sell power back you would need a solar array about twice what it would take to run the house.

It' green but not very cost effective...
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mazdaboy
Champion Author Portland

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Message Posted: Mar 14, 2010 8:48:24 AM

Solar energy need to go a lot lower before it can become main stream.
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LeeFree
Champion Author Pittsburgh

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Message Posted: Mar 14, 2010 8:44:03 AM

Anything that can diversify the power sources we have available is worth investing in.
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playtimeCLE
Champion Author Cleveland

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Message Posted: Mar 14, 2010 8:36:13 AM

Holly Toledo, someone is doing something smart in northwestern Ohio! lol...

[Edited by: playtimeCLE at 3/14/2010 10:37:12 AM EST]
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hauler43
Champion Author Oakland

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Message Posted: Mar 14, 2010 8:34:24 AM

Solar is the way into the future, but what happens when night falls and we use electricity off the grid? If a majority of homeowners went solar then demand for the panels would go up just like gas prices. Your electrical rates would more than likely go up also cause of less usage and the credit for providing electricity from your solar panels might go away. Remember the Electric Company is around to make money.
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goalie1950
Champion Author Phoenix

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Message Posted: Mar 14, 2010 8:30:36 AM

This is a step in the right direction for development of alternative energy sources.
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wild3bill
All-Star Author New York

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Message Posted: Mar 14, 2010 8:29:18 AM

Computers do computation. Oil companies do not like competition.Do not let Oil Monopolies get control of Solar or wind technology.Oil companies sabotage competition!
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greenfog
Champion Author Illinois

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Message Posted: Mar 14, 2010 8:29:18 AM

hope this works out for them. if the price is right then we all may have solar houses before long.
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lindact
Champion Author New Haven

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Message Posted: Mar 14, 2010 8:28:34 AM

Sounds like good solid job creation.
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VetteFan
Champion Author Indiana

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Message Posted: Mar 14, 2010 8:26:58 AM

That's a good thing.
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dopster
Champion Author Toledo

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Message Posted: Mar 14, 2010 8:25:13 AM

Xunlight Corp. is one of three or four solar panel companies in Northwest Ohio; cutting edge companies replacing traditional manufacturing comapnies that have either gone out of business or moved away. I wish them the best of luck in this new, energy resource field to bring good jobs to Northwest Ohio.
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freddyNY
Sophomore Author New York

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Message Posted: Mar 14, 2010 8:23:26 AM

Just what we need is a lot of compution in order get things rolling. Just watch out for the other guys.
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gasman50
Champion Author Portland

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Message Posted: Mar 14, 2010 8:22:49 AM

I hope free enterprise is allowed to prosper and not too hindered by too much government
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Ltdc
Champion Author Long Island

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Message Posted: Mar 14, 2010 8:21:50 AM

When brilliant minds are at work good things can happen.
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arinkrat17
Champion Author Twin Cities

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Message Posted: Mar 14, 2010 8:21:06 AM

what will it cost to us?
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puljujarvi
Champion Author Tampa

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Message Posted: Mar 14, 2010 8:20:00 AM

Sounds like a great business opportunity. I would not be surprised if his company truly does have fast growth and profitability. Makes me wish I could get in on the ground floor.
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Asbury09
Champion Author Iowa

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Message Posted: Mar 14, 2010 8:19:58 AM

free enterprise leading the way
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WonderfulMI
Champion Author Michigan

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Message Posted: Mar 14, 2010 8:18:40 AM

Once solar power becomes cheaper per BTU than oil, (and it will!) all the opposition to alternative energy will be hard pressed to defend their position.
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nerde
Champion Author Florida

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Message Posted: Mar 14, 2010 8:15:29 AM

Exxon/Mobile isn't going to like this. Maybe if they buy the sun?
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bills55
All-Star Author San Diego

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Message Posted: Mar 14, 2010 8:15:20 AM

Solar cells on every roof. Do you think the power companys will try to fight that?
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Bussman
Champion Author Dallas

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Message Posted: Mar 14, 2010 8:14:46 AM

Keep innovating and bringing the cost down. We will all benefit.
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bicycler
Champion Author Ontario

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Message Posted: Mar 14, 2010 8:13:13 AM

I wish them the best of luck!
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packards42
Champion Author Washington

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Message Posted: Mar 14, 2010 8:11:58 AM

I hope these guys can get it done, before Asia steal their sales, China is to solar of a global scale. 100's of plants.
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Beau2140
Champion Author New York

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Message Posted: Mar 14, 2010 8:10:18 AM

With time the cost of new items goes down.
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Rick01
Champion Author Utah

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Message Posted: Mar 14, 2010 8:10:07 AM

Won't be to long before we can all afford to have Solar Cells on our roofs.
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rtw777
Champion Author Florida

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Message Posted: Mar 14, 2010 8:08:09 AM

There has been a steady decrease in price since last year.
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hank1326
Champion Author Los Angeles

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Message Posted: Mar 14, 2010 8:05:29 AM

Cost efficiency should be the number one priority before mass production.
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2907
Champion Author Kentucky

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Message Posted: Mar 14, 2010 8:05:00 AM

US Technology!
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WIPACKERFAN
Champion Author Chicago

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Message Posted: Mar 14, 2010 8:04:11 AM

THis is a good thing.
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jmg144
Champion Author Maryland

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Message Posted: Mar 14, 2010 8:01:42 AM

lots of strat-ups - but which ones will really grow - sounds like a repeat of the Internet start-ups.
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mark1962
Champion Author Albany

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Message Posted: Mar 14, 2010 7:57:25 AM

Great!
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spunky4443
Champion Author Washington

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Message Posted: Mar 14, 2010 7:56:17 AM

Lower the cost, then more People will get on the Band wagon.
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fordfan1
Champion Author Indiana

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Message Posted: Mar 14, 2010 7:55:24 AM

Yes let's make sure that this is done without tax payer expense! We are now and going to be taxed to death!
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lpj
Champion Author Macon

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Message Posted: Mar 14, 2010 7:50:59 AM

needs to make it on its on without taxpayers money !!
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w4kh
Champion Author Riverside

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Message Posted: Mar 14, 2010 7:50:49 AM

This story is not just about Xunming Deng, but about several companies headquartered in and near Toledo, that have developed thin-film solar technology and driven the cost per watt from $3/watt down to 84 cents/watt - I want some of that!
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USAFA82
Champion Author Colorado Springs

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Message Posted: Mar 14, 2010 7:50:26 AM

Sounds like progress. I'd install a solar system if it was cost-effective.
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Nicoalbum
All-Star Author Ottawa

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Message Posted: Mar 14, 2010 7:49:52 AM

Solar enegy is good enough to run a concept car, I've seen one like that back in the middle of 90th. There should me dramatatic improvement over the span of years.
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misterray
Champion Author Oregon

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Message Posted: Mar 14, 2010 7:49:04 AM

Solar panels, even with energy credits, are still too expensive for most households.
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jdhelm
Champion Author Iowa

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Message Posted: Mar 14, 2010 7:48:44 AM

lauging about the taxing of solar - I agree somewhat, kinda like putting a taz on wind, after the initial cost the consumer makes, the dang idiots in Washington will try to put a tax on the sun or the wind or - - -
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mooneagle
Champion Author Oklahoma City

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Message Posted: Mar 14, 2010 7:47:55 AM

would be nice if they could do it
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Dennis783
Champion Author Wisconsin

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Message Posted: Mar 14, 2010 7:47:44 AM

Lower cost of solar would be good, now its just to high to make it cost effective
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SpruceGuse2
Champion Author Michigan

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Message Posted: Mar 14, 2010 7:47:36 AM

After the solar panel are paid for, it will be free energy with only a maintenance fee.
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CharlieC08
Champion Author Colorado

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Message Posted: Mar 14, 2010 7:43:50 AM

Solar will be a good alternative until they tax it.
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Gassed01
Champion Author Toronto

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Message Posted: Mar 14, 2010 7:42:28 AM

Hope he's successful.
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swlincdrv
Veteran Author Lincoln

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Message Posted: Mar 14, 2010 7:41:30 AM

Hope it works.
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RetiredVP
Veteran Author New Hampshire

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Message Posted: Mar 14, 2010 7:41:13 AM

Wish him luck
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