We've been inching closer to low(er) cost solar panels (for the mainstream public to enjoy) for some time now, and apparently, AVA Solar Inc. is just about ready to start cranking out units that "will cost less than $1-per watt by the end of next year." The technology was reportedly developed by Colorado State University's Professor W.S. Sampath, and production is slated to begin soon in a "200-megawatt factory" that could employ some 500 individuals. Of note, it was said that the "cost to the consumer could be as low as $2 per watt," but even that figure purportedly rings up at about half the cost of current options.

[Via Slashdot, image courtesy of CSU]

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Inexpensive solar panels nearly ready for commercialization