A new solar techology is coming out of the lab in Korea - not in America. America is again missing its oppotunity to be an alternative energy leader, but at least someone is leading.
The photovoltaic technology does not use silicon to generate electricity.
Silicon solar panels cost
US$2.30 to generate one watt of electricity, which is three to 10 times higher than the production cost of thermal or hydro power. The new plastic solar cell costs just ten cents per watt.
$.10/watt. Holy smoke! Looks like the solar revolution is a few years away, at this rate, and it looks like Korea will be the beneficiaries of investing in the alternative technology.
If these hit the market by 2010 or 2012, do you think you would buy solar panels?