Solar Power, Mechatronics and Economics

At the recent Semicon show the big buzz was about the emerging Solar Energy industry. Lots of “new” products, lots of buzz. The big semiconductor machinery manufacturers who view crystalline solar cells as a stimulus to the demand for machinery and silicon have put in a lot of effort. The main goal? Get the cost of the solar cells down to where electricity produced with silicon is comparable to the cost of electricity generated by fossil fuel.

And, in fact, the industry is getting there. The current estimates are that solar power is costing about the same as peak demand consumer power, $.23/kWh. And with the current wave of investment and scale up, something which the semiconductor industry has always done well, there is serious forecasting that the cost of solar electricity will continue to fall. Read more