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The steep drop in the 2011 contracts comes from the plunge in photovoltaic panel prices over the past two years, largely due to competition from China.
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But the week's most exciting solar story is The Solar Pocket Factory, a DIY backyard photovoltaic panel printing system that can print a solar panel in 15 seconds flat.
ENGADGET: Inhabitat's Week in Green: solar panel printer, gold producing bacteria and a life-size of horse made of computer keys
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For First Solar, the acquisition of Solar Chile gives the Arizona-based photovoltaic panel manufacturer and developer a big pipeline of projects to keep its factories humming while collecting development and operation fees from the construction of solar power plants.
FORBES: First Solar In 1.5-Gigawatt Chile Deal While Google Puts $200 Million Into Texas Wind
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The UCLA Engineering team created a new type of energy-harvesting polarizer for LCDs called a polarizing organic photovoltaic, which can potentially boost the function of an LCD by working simultaneously as a polarizer, a photovoltaic device and an ambient light or sunlight photovoltaic panel.
ENGADGET: Photovoltaic polarizers could make self-charging smartphone dreams come true
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There is also a standard photovoltaic solar panel spoiler on SL models, which supports charging of the 12-volt battery for vehicle accessories.
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Based on this analysis, the company claims to be able to tell when there is a fault in a panel at the level of the strings of photovoltaic modules the panel is composed of.
FORBES: Startups Show How to Extend Devices Using the Cloud
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The developers will deploy the Nanosolar Utility Panel in photovoltaic power plants.
FORBES: Nanosolar Snares a Gigawatt in Orders for its Thin-Film Solar Panels
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While many solar panel manufacturers struggle to survive amid plummeting prices for photovoltaic modules and overcapacity, Sungevity, SolarCity and other companies that install their products have thrived.
FORBES: California Solar Installer Sungevity Raises $125 Million
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Then SunPower, the Silicon Valley solar panel manufacturer and power plant developer, said it would temporarily shut down half of its 12 photovoltaic production lines in the Philippines and lay off 900 workers.
FORBES: Green Tech's Terrible Tuesday