keefwivanef

Is Emcore Blinded By the Light?

Once again for the slow learners.
Most of Emcore's "order backlog" for CPV was to shonky customers like GGE and the SCIG group.
There is not one single company that has a CPV device suitable (or available) for domestic roof mounting.
The claims of "soon to be built" Megawatt solar farms are unproven.
How could any company borrow the kind of money needed for the farms against an unproven technology with (best case) returns of only about 10% pa.
The costing for these proposed farms totally ignores the cost of infrastructure and maintenance.
CPV is attracting the same kind of get rich quick scammers that created the dotcom bubble.
The same result will ensue.
Woof