Swanson's law Swanson's law Swanson's law is the observation that the price of solar photovoltaic modules tends to drop 20 percent for every doubling of cumulative shipped volume. At present rates, costs halve about every 10 years. It is named after Richard Swanson, the founder of SunPower Corporation, a solar panel manufacturer. Swanson's law has been compared to Moore's law, which predicts the growing computing power of processors. Crystalline silicon photovoltaic cell prices have fallen from $76.67 per watt in 1977 to $0.36 per watt in 2014. Plotting the module price (in $/Wp) versus time shows a dropping by 10% per year.
Fairleigh S. Dickinson Fairleigh S. Dickinson Colonel Fairleigh Stanton Dickinson Sr. (August 22, 1866 – June 23, 1948) was the co-founder of the Fortune 500 medical technology company Becton Dickinson and the named benefactor of Fairleigh Dickinson University. Born in Core Creek near Beaufort, North Carolina, he was the son of David Owen and Margaret Ann Tillman Dickinson. As a young man he was a sailor on a square rigger for two years, before moving to Elizabeth, N. J., where he worked for the Singer Sewing Machine Co. while attending night high school. After being associated with the Saugerties Manufacturing Company, Dickinson and