SM: What is your prognosis on solar? Are we going to have grid parity in 2012? MH: I think we will have grid parity on the retail side, the distributed generation side, which is systems on houses and office buildings. I think that people will then challenge the whole premise.
Have you ever considered starting a company or joining a start-up? How do you evaluate opportunities and decide when to take the plunge? How do you finance your startup?
According to AMR, the overall supply management market grew 11% in 2007 with continued double-digit growth expected. They project a $4.3 billion market by 2012, and the market currently stands at about $3.3 billion. Today’s Deal Radar covers the origins and growth of a SaaS player in the market, Aravo .
Apollo Group (NASDAQ:APOL) recently announced Q3 results that continued to outshine market expectations. Q3 revenues crossed the billion-dollar mark for the first time to come in at $1.05 billion and represented growth of 26% over the year. EPS of $1.26 grew a significant 48% over the $0.85 earned a year ago. The market was expecting
SM: Will you limit yourselves strictly to project financing? Do you envision a technical leadership role? MH: Our industry is new enough that we absolutely need to stay involved in engineering and evaluating new technologies. We have a technology group that does evaluations and downstream technology development such as balancing systems and racking.
The deadline to retweet to win free e-book copies of “Entrepreneur Journeys”, Volumes One and Two, is TODAY, Wednesday, July 15 at midnight Pacific time. See the full post for details.
Even as Garmin (NASDAQ:GRMN) remains the company of choice for US consumers buying GPS devices, the recession and its impact on discretionary spending have hit the manufacturer hard, as was evident in the company’s Q1 results. Revenues and earnings not only fell significantly, but also missed analysts’ estimates by quite a margin.
SM: Is your business entirely residential? MH: No. Now we are entirely the other way. I took over as CEO in January. After the investment came in we restructured the board and the company. We had separated into two divisions in 2007, which provided a nice, clean way of splitting. Accordingly, we sold the residential