Wed, 19 Oct 2011|
Automatically Generated Transcript (may not be 100% accurate)
-- Deborah -- here reporting from solar power international 2011. In Dallas Texas and senior technical editor affordable to its world magazine my guest is Oliver chances of EIQ energy welcome to the -- Oliver. It's great to be here are right well my first question for you is this. Everybody knows that the module and sell prices are shall I say plummeting I don't think that's too strong a word I think that's -- a lot of people might feel about it. -- is this you know good for the the health of the industry. Well I think it it creates a very difficult environment for certain component suppliers certain companies are suffering from tough pricing -- -- But in general the price. Installed solar power's coming down. Closer to grid parity and in certain cases really -- parity. So as far as driving the growth in. The industry and in the adoption of solar power the reduction Christ it's a very positive. Well -- the CP IQ managed to yeah I keep energy soaring managed to take advantage of this. I think that. Our opportunities are increasing daily in this environment because we -- -- -- a reduction. In the installed cost the installation. We simplify the design. We simplify the installation. And reduce the labor. Required to install a solar panel. And the electrical balance -- systems associated with that solar installation. And so worst seeing increased opportunities as there's more focus on cost. -- -- -- -- -- Is that what you're hearing ended ended your -- that they show the showbuzz -- -- -- has been busy with customers all day long wanting to learn how they can. Reduce speeds holocaust their solar installations so so far the show's going rate for wonder follow it we'd like to hear good news -- not not bad news. You. You also have an opinion on the proper role of subsidies. I think that's an interesting topic to our viewers. Yeah -- subsidies have played a very important part in establishing. The industry with. Government subsidies. Improving the economics around solar installations. The -- that the industry would never gotten off the but now as component prices come down. As the availability of capital has increase. The role of subsidies is is the -- And it. I believe that the cost of components are coming down more rapidly -- subsidies. And still in some cases. He returns to investors from investing in solar power plants have maintained steady or even. Lastly I wanted to ask you about your announcement last week you're calling a project. We're very proud. We we commissioned a one point -- made a wise. Installation. -- Granite Construction. And -- frontier. In the central. California we believe it's the largest. Insulation that includes DC power electronics in the world. And it's this is very important validation of our technology. Our value proposition the fact that we lower the installed cost. Of the installation and that we're gonna optimize performance over time so it really puts us on them. And we're looking forward to a lot more success. But they -- for being -- night guests tonight you very much.