SAN FRANCISCO-Officials of Nanosolar Inc. said Wednesday it will select a Bay Area location for development of the world’s largest solar cell fabrication facility, one that uses new less expensive technology. The Palo Alto, CA-based company will select San Francisco, San Jose or Santa Clara for the plant before then end of July. A complementary solar panel fabrication facility is expected to be located in Berlin, Germany, where the company also has a base of operations.

The company is presently in pilot production of its paper-thin flexible solar cells in Palo Alto and has started ordering volume production equipment for the new factory. Nanosolar says the new plant could produce upward of 1 million solar panels every year, enough to produce 430 megawatts of power–nearly triple the output of all existing solar panel manufacturing facilities in the US.

Nanosolar began pursuing its goal of affordable solar electricity in 2002, shortly after receiving seed money from Google founders Larry Page and Sergey Brin. The company’s CEO, R. Martin Roscheisen, sold his Internet company eGroups to Yahoo for $432 million in 2000.

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