San José, California-based Siva Power expects to produce solar-electric cells at 28¢ per watt within four years, although industry analyst Stephen Lacey isn’t completely sold on the target. “With $60 million in venture funding, Siva plans to build a 300-megawatt plant and eventually produce modules for 28¢ per watt over the next four years, assuming the facility is ever actually built,” Lacey writes. But “Siva doesn’t even have its pilot line fully built yet,” and the company may run into technical issues that have been common to thin film solar producers.
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