Nanosolar

Nanosolar Ships First Commercial Panels

By Martin Roscheisen, CEO - December 18, 2007

After five years of product development — including aggressively pipelined science, research and development, manufacturing process development, product testing, manufacturing engineering and tool development, and factory construction — we now have shipped samples of our first product to customers.

We are grateful to everyone who supported us through all these years and the many occasions where there appeared to be mile-high concrete walls in our path; the unusual intensity and creativity of our team deserves all the credit for achieving this major milestone today.

As far as the first three of our commercial panels are concerned: Panel #1 will remain at Nanosolar for exhibit. Panel #2 can be purchased by you in an auction on eBay starting today. Panel #3 has been donated to the Tech Museum in San Jose.

Update 12/21:

eBay cancelled our auction — due to its charitable angle!  Our eBay auction started at 99 cents for the panel and quickly reached more than $13,000.00, with the highest bid submitted at $70,000 when eBay cancelled the auction because we had declared the proceeds would be used for charitable purpose.  We regret that eBay deleted our auction due to the promised charitable use of the proceeds.  Our Director of Legal spent much of the afternoon on the phone with eBay trying to reinstate the auction — but they have their rules.  Upon review we decided this isn’t a battle we care to fight more than an afternoon, so it’s back to building cells and panels for us. In other words, Panel #2 will stay at Nanosolar for now (no auction); thank you to everyone for participating in our auction; and most importantly: HAPPY HOLIDAYS.

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