How did the internet came to be?
..with Sylicon Valley, and when the U.S. Army got heavily involved!
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Here Comes the Sun
Silicon Valley has changed the world once. Now, thanks to a wave of investment and innovation in solar power, it's on to the next revolution: A massive disruption of the U.S. electricity market.
Perhaps no startup has benefited more from the solar gold rush than Nanosolar. The Palo Alto company, co-founded in 2002 by Internet entrepreneur Martin Roscheisen, got its start with an investment from Paul and Google's Page and Sergey Brin; all told, it has racked up more than $100 million in funding so far.
Nanosolar is pursuing a technology that produces solar cells on a film that's a 100th the thickness of conventional silicon wafers. The cells are made from copper, indium, gallium, and diselenide, elements that, while more expensive than silicon, are used in such small amounts that the overall cost is low.
Nanosolar's thin-film cells are produced by a process that in many ways resembles printing. Light-sensitive semiconductor particles are mixed into a kind of ink, which is printed onto a thin substrate of metal foil that's continuously pulled off a series of rolls. This highly efficient "roll-to-roll" technology makes it possible to produce a large volume of solar cells in a relatively small manufacturing space, further reducing costs.
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The possibility of such a breakthrough has many investors salivating. Nanosolar's backers include Valley heavyweights Mohr Davidow Ventures and Benchmark Capital, as well as OnPoint Technologies,
the venture vehicle of the U.S. Army. Nanosolar plans to build a manufacturing facility next year - along with a smaller plant in Germany - that will eventually produce 430 megawatts' worth of solar cells per year. That would nearly triple the nation's manufacturing capacity and make Nanosolar one of the world's largest solar producers.
Silicon Valley's*solar power play - November 1, 2006
I'm a hip-geek for enovative business like this.