ej san fran

Red Flags at Emcore

Emcore has good technology for high-efficiency cells that are used in space projects.
That gives them a nice starting position to deploy solar power on earth as well.
For instance, they can address the large market for utility scale renewable energy in states that have a renewable portfolio standard. They can also target countries like Spain that have a generous feed-in tariff for utility scale solar power.
So, they have plenty of opportunity.

The question that is still open for me is: do they have the business savvy to make this potential come true?
Terrestrial solar power is lot more down to earth (pun intended!) than the high tech they are used to.
Can they come up with ultra low cost optics and tracking systems and produce them in volume with a supply chain in low cost countries?
Are they able to strike deals with utilities and large commercial accounts?

I call upon the board of directors and the shareholders to consider this question carefully: is the management in place to pull off this difficult new business? Or is new management needed?

Red Flags at Emcore

Keef,
Have you interviewed that company Square Engineering?
If yes, what did they say?
If not, why call it a scam?

If not defending anybody here. I'm just asking for facts. That's more helpful than heated talk.

Red Flags at Emcore

Some important information about Green and Gold has been left out of this article.
Green and Gold has a strategy to sign up licensees to manufacture the Suncube product. A company in India with the name Square Engineering is featured on the Green and Gold website. This company apparently has signed up. A newspaper article about them says the Suncube will cost about US$1500 which is equivalent to about $3/W if compared with conventional solar panels. That's a competitive price.

The Suncube product seems pretty straightforward to me and I think in high volume it should be a lot cheaper. If they get it down to $500 they would hit $1/W, which would be a nice target and position them well.

The Suncube design needs to work, of course, and be durable and reliable. So it's up to Green and Gold and Emcore to prove this.