Ecogeek: Cost of Solar Panels Expected to Plummet

Just stumbled upon this very interesting article about a report from the Prometheus Institute which posits that a number of factors will converge in the coming years, and the end result is cheap solar power for all who want it.

"Based on their research, Travis Bradford, president of the Institute, says that prices for traditional silicon-based panels should fall from $3.66 per watt (2007 figures) to $2.14 per watt in 2010, and more impressively, thin-film PV should go to $1.81 per watt from $2.96. When coal, currently the least expensive source of power, is around $2.10 per watt to generate, the expected drop in price for solar will make it far more competitive."

Sweet.

Here's the ecogeek article.
And here's the Prometheus Institute's site.