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Concentrated Solar 10 Cents Per Kilowatt-Hour

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The small factory that Semprius plans to open this summer will have the capacity to produce 30 megawatts of solar panels a year. Semprius expects panels produced there to be cost-competitive for some applications, Carr says. Increasing production to 100 megawatts would bring down costs enough for the technology to compete with cheap solar panels made in China.
Ultimately, the cost per kilowatt-hour for solar power depends on a number of factors, such as financing costs, the cost of land, how close transmission lines are, local labor rates, and so on. But Carr thinks Semprius can generate solar power for less than 10 cents per kilowatt-hour, low enough to get a share of the utility market in many areas. What's more, he says it can do this without the help of government subsidies.
Source: technologyreview


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