no. I develop solar and storage for a living. take heed.
next thing you will be supporting "solar highways" concept--idiots.
Despite the fact that Solarcity is a house of cards, before the fall SCTY might create a huge line of business for IPWR:
[As for how companies like SolarCity will go about proving their DERs can do what they say they can, “Smart inverters will be on every new installation going forward,” Hanley said, which will allow monitoring and control of solar, storage and EV chargers at homes and businesses.
California’s utilities have made it pretty clear that they want to have direct access to whatever DERs they take on as grid investments, whether to actively dispatch them for grid needs or to monitor them for compliance with their chosen task. At the same time, they’re starting to experiment with tariffs for behind-the-meter batteries, smart thermostats and plug-in EVs to help defer distribution grid investments]
just one of a few ways they can screw with retail stockholders...same thing required at etrade. This bs is
only of possible when a stock has virtually no coverage and little volume since. You don't need much money to control the price of IPWR...do the math.
agree but currently batteries are included in solar plus storage projects ITC as long as the batteries charge is at least 90% derived from the solar components.
Remember that this stock is price controlled--the breakout will only happen when the controlling entity either wants it to or wallstreet interest grows rapidly and the entity loses "control".
There are many entities that could be the controlling group. Sunedison might be the one with some help
Earlier today, Rep. Mark Takano (D-CA) introduced the Battery Storage Innovation Act, which amends Section 1703 of the Energy Policy Act to include battery storage technology for residential, industrial and transportation applications in the loan guarantee program for innovative technology.
shhhhhhhh! Lots of interesting things going on in TX and around Austin. This stock's price is being controlled by a few entities. Easy to do when "nobody" is in the stock.
If you don't know the space, you should have already sold. They are tenderizing the sheep and sending them to slaughter. Unless IPWR loses money on each sale (Satcon's business model for years) the company will do very well ;)
Storage is RED HOT and yet IPWR's price is declining...and IPWR's products are being used by several project developers with access to many customers.
hmmmmm. IF I wasn't in the solar and storage industries, I'd certainly run from this stock.
However, I'm not going anywhere until IPWR pays me out :)
The IQ Storage platform was launched this Summer.
Gexpro’s partners are LG batteries, Ideal Power converters, and GELI management.
They will be using IPWR's larger model soon--just 30kw until next year.
Very few people know about IPWR and the reality of its potential. The tech might as well be that #$%$ black box Gridpoint peddled around in 2006. Those losers raised about 500 MM on the promise of it and then used it to fund other businesses and their own lifestyles.
Eventually the product's inclusion on multiple developer platforms will be recognized and the price per share will go up significantly. Just wait.
jIgar has been blowing Modi for months so not surprising India is a target for storage--their grid is horrible, as is much of India's infrastructure