Nanosolar

Nanosolar, Inc.
Company typePrivate
IndustrySolar Energy
Founded2002
FounderMartin Roscheisen
Brian Sager
Defunct2013
Headquarters
San Jose, California
,
U.S.
Key people
Eugenia Corrales (CEO)
Dave Jackrel
John McAdoo
Becky Baybrook
John Bender
ProductsSolar panels
RevenueUS$3,100,000 (2007)[1]
Websitewww.nanosolar.com Edit this on Wikidata

Nanosolar was a developer of solar power technology. Based in San Jose, CA, Nanosolar developed and briefly commercialized a low-cost printable solar cell manufacturing process. The company started selling thin-film CIGS panels mid-December 2007, and planned to sell them at 99 cents per watt, much below the market at the time. However, prices for solar panels made of crystalline silicon declined significantly during the following years, reducing most of Nanosolar's cost advantage.[2][3][4] By February 2013 Nanosolar had laid off 75% of its work force.[5] Nanosolar began auctioning off its equipment in August 2013.[6] Co-Founder of Nanosolar Martin Roscheisen stated on his personal blog that nanosolar "ultimately failed commercially." and that he would not enter this industry again because of slow-development cycle, complex production problems and the impact of cheap Chinese solar power production.[7] Nanosolar ultimately produced less than 50 MW of solar power capacity despite having raised more than $400 million in investment.[8]

  1. ^ Nanosolar, Inc Archived 2008-05-01 at the Wayback Machine Yahoo Finance
  2. ^ Vidal, John (December 29, 2007). "Solar energy 'revolution' brings green power closer". The Guardian. London. Archived from the original on 2013-09-01. Retrieved 2007-12-31.
  3. ^ Markoff, John (2007-12-18). "Nanosolar". New York Times. Archived from the original on 2016-12-01. Retrieved 2007-12-31.
  4. ^ "Nanosolar". ubergizmo. Archived from the original on 2007-12-21. Retrieved 2007-12-31.
  5. ^ "The growing CIGS graveyard: Nanosolar liquidation auction | SiliconBeat". www.siliconbeat.com. Archived from the original on 2013-07-19.
  6. ^ "Get yer cheap next-gen solar tech, courtesy of the Nanosolar auction". 13 August 2013. Archived from the original on 16 September 2013. Retrieved 11 September 2013.
  7. ^ "rmr | The personal blog of R. Martin Roscheisen". blog.rmartinr.com. Archived from the original on 2013-10-03. Retrieved 2023-05-10.
  8. ^ "Nanosolar, Thin-Film Solar Hype Firm, Officially Dead". Archived from the original on 2013-09-22. Retrieved 2013-09-11.