Nanosolar says they can do it.
From 
New York Times article...
	Quote:
	
	
		| Nanosolar’s founder and chief executive, Martin Roscheisen, claims to be the first solar panel manufacturer to be able to profitably sell solar panels for less than $1 a watt. That is the price at which solar energy becomes less expensive than coal. 
 “With a $1-per-watt panel,” he said, “it is possible to build $2-per-watt systems.”
 
 According to the Energy Department, building a new coal plant costs about $2.1 a watt, plus the cost of fuel and emissions, he said.
 | 
	
  
 
They've redesigned the entire manufacturing process. No more piecing together individual cells. They're printing the circuitry directly onto the substrate.
	Quote:
	
	
		| The company, which has raised $150 million and built a 200,000-square-foot factory here, is developing a new manufacturing process that “prints” photovoltaic material on aluminum backing, a process the company says will reduce the manufacturing cost of the basic photovoltaic module by more than 80 percent. | 
	
 The 
Nanosolar website has lots of into on the process. Also says their entire output for the next year is already sold (dammit).
Check em out