Full Scholarships for Independent Sustainable Energy Graduate Study at MASDAR Institute of Science and Technology in Abu Dhabi

The MASDAR Institute of Science and Technology in Abu Dhabi is pleased to announce full scholarships to highly qualified graduate students from around the world. The MASDAR Institute is the centerpiece of the MASDAR Initiative, a landmark program by the government of Abu Dhabi to establish an entirely new economic sector dedicated to alternative and sustainable energy. The Institute is located inside the world’s first carbon neutral, zero waste Masdar City which will be powered solely by alternative energy, mainly solar energy.

Cost to Produce Solar Cells Brought Below $1 per Watt

Earlier this month, First Solar, Inc. (Nasdaq: FSLR) announced that it has reduced its manufacturing cost for solar modules in the fourth quarter 2009 to 98 cents per watt, becoming the first solar cell manufacturing company to break the $1 per watt price barrier. This is a major price milestone for the solar photovoltaic manufacturing sector and represents a significant step towards achieving what is known in the industry as as grid parity, the price level where the per watt cost for solar electricity reaches the current averaged cost of electricity on the grid a goal First Solar plans to reach by 2012.