For all the excitement over low cost solar power, much of it is still in the development stage backed by government resources and has yet to prove that it can compete on the market with cheap fossil fuels. However some private investors are starting to bet on low cost solar in a big way. Among them is tech specialist Len Batterson, whose startup NextGen Solar is kicking into gear.
NextGen Solar will use nanoscale solar “paint” technology developed by Argonne National Laboratory, with the goal of lowering production costs while increasing efficiency compared to thin-film photovoltaic materials. The solar paint can be used just like a normal paint, but dries to form microscopic interconnected solar cells. Neat.