SunEdison begins production of solar material using polysilicon technology.

Solar power company SunEdison has started production of solar material using its polysilicon technology which would lower costs of solar equipment. This represents a step-change in technology and will enable SunEdison to deliver a 400 watt peak solar panel at a cost of $0.40 per watt peak by 2016, according to a statement from SunEdison. The technology, called "high pressure fluidized bed reactor" (HP-FBR), produces high purity polysilicon 10 times more efficiently and with 90% less energy used than non-FBR technologies.