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October 26th, 2007
Big Opportunity In 'Nano'solar
If you haven't heard of a little startup called "Nanosolar," you will. And soon.
The San Jose, California company has already attracted more than $100 million in venture capital investment, including big checks from Google founders Larry Page and Sergey Brin, and other well-known Silicon Valley luminaries.
"This is the first time that we can actually drop the cost of solar electricity down to a level that would be competitive with grid electricity in most industrialized nations," says Brian Sager, the company's co-founder, in an exclusive interview.
The reason the company is generating so much buzz is that classic case of building a better mousetrap, seizing on two of the biggest trends going in technology nowadays: solar power and nanotechnology. Nanosolar is creating an entirely new kind of solar panel and customers are lining up.
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