Oerlikon Solar is well on track to offer its customers a design capable of producing solar modules for US$0.70/W by that time.

"Oerlikon Solar's goal is to make solar power economically viable around the world," says Jürg Henz, CEO of Oerlikon Solar.

Over the past year, Oerlikon Solar drove down solar module costs by around 25%, raising efficiency and improving the productivity of its lines from 60 MW in 2008 to 100 MW in 2009.