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Originally Posted by jyl
Right now, I think production silicon-based solar PV cells are roughly 25% efficient, and thin film is roughly 1/2 of that.
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Thought the number was closer to 15% efficiency.
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It is distressing that we are already so far behind in competing for some of that money.
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There was an article on Naked Capitalism claiming sizable subsidies by the Chinese government to producers of "green" equipment. European solar companies have protested the monopolization efforts. Some have argued we should not be against the Chinese intervention. After all, their government is subsidizing lower pricing, and we can take advantage of the huge price drops. I saw claims of sub $1/watt pricing by 2011. That would put payback times at well under 2 decades with zero subsidies by our government.