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Yes it is! If it was alive and well there would be something to say or show much more so than what we have heard. It is DEAD! Those staying for that pipe dream will be disappointed once again. Again this is only my opinion so take it with a grain of salt.
We are just a piss in the bucket when it comes to solar installation companies and have yet to be recognized on the street for that portion of our business IMO. I think the majority of the eyes watching this stock have been watching since the days prior to changing gears and they are showing their disappointment again today due to not hearing any mention of the cell.
There was a significant amount of money put into SLTD for the cell and I think we are seeing some folks make an exit for better opportunities where they can make money with their money quicker. Keep thinking about what Mr. Wonderful would say right now.."UR Dead to me!"
Price would double in 2 days if not the first! Yes I do believe that!
I will toss out my 2 cents as well. I came here 100% for the cell as there was nothing else at the time. I have stayed here in hopes that the market would reward JN for his growth efforts as an installation company without a cell while still waiting for the cell. In my opinion today the Cell is dead and not going to happen. A company name change needs to reflect this within the next 12 months if there is no more concrete cell developments unleashed. I believe the current name of the company is hurting them in the market place for the past 12 months or so due to lack of cell development. If the 3D cell they developed is truly a game changer then it should not be sitting on the shelf with no active discussions for this period of time. I am here another 12 months but likely not longer if the next year is appreciated by the street the same as this past year. I have lost a tremendous amount of potential with the amount of funds sleeping in SLTD.
Solar3D Operating Divisions Open 2016 By Announcing Approximately $12 Million in Secured Solar Agreements
Company subsidiaries carry momentum from record-setting 2015 into the New Year by finalizing solar programs for a number of agricultural and commercial customers
Roseville, CA - January 5, 2016 - Solar3D, Inc. (NASDAQ: SLTD), a provider of solar power solutions and the developer of a proprietary high efficiency solar cell, announced today that its operating subsidiaries have secured approximately $12 million via several new agreements to provide agricultural and commercial customers in the Northern California region with comprehensive solar solutions.
Butte County Rice Growers Association (BUCRA), a 100-year-old cooperative that has 400 farmer members in Northern California, contracted the Company to provide a 2.2MW ground mount solar system. The approximately $3.6 million installation is estimated to generate more than $14.8 million in energy cost savings over a 25-year period.
Corder Farms, a 4th generation family farm in the Fall River Valley, has agreed to a $2.1 million contract for the design and installation of a 1.03MW ground mount system comprised of Canadian Solar Panels and Solectria Inverters. The solar system is expected to save Corder Farms nearly $9 million in energy costs over a 25-year period.
Five H Farms is a prominent dairy farm located in Merced, California, that sought an energy-efficient solar program designed to improve efficiency and reduce overall energy costs. Following an implementation of a $1.4 million, 699kW Canadian Solar Ground Mount, Five H Farms will realize more than $6.2 million in energy cost savings over a 25-year period.
Colusa Rice Company was established in 1982 and operates as an S-Corporation comprised of 39 growers and owners. The organization requested the design and implementation of a $1.3 million, 667kW ground mount solar system that will achieve over $5.5 million in energy cost savings over a 25-year period.
Kern Ice and Cold Storage, a cold storage facility located in Bakersfield, contracted the Company for the design and installation of a 451kW Sunpower Roof Mount solar system. The $1.1 million agreement is expected to generate more than $5.4 million in energy cost savings over a 25-year period.
The Company also secured $2.5 million in combined agreements with farms including Tarke Farms, Sills Farms Inc., Van Dyke Farming, Cain Ranch, JH Meek & Sons, and Heidrick & Heidrick Enterprises. The latter two companies are repeat customers, a strong representation of Solar3D’s commitment to customer service and financing options that benefit the customer above all else. The Company expects this trend to continue, as the National Farmers Union (NFU) recently shared its support of the Department of Energy’s decision to maintain solar tax credits, stating that medium-sized rooftop solar power remained an ‘excellent low-risk investment’ for many farmers with substantial electricity bills.
“We are pleased to begin 2016 by announcing a number of solar agreements that we believe are an indicator of things to come this year,” said Jim Nelson, CEO of Solar3D. “Solar3D continues to build its position as the preferred integrator in the California agriculture solar market. Our experience shows that solar solutions are economically feasible, especially when given a customer-first suite of financing options. This financial flexibility in conjunction with our subsidiaries’ extensive solar experience and knowledge, has established a strong reputation for solar solutions throughout the high growth markets we serve. This, among other reasons, is why we expect our revenue trajectory to continue, ultimately enhancing shareholder value.”
About Solar3D, Inc.
Solar3D, a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar systems providers in California delivering 2.5 kilowatt to multi-megawatt commercial systems. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
To learn more about Solar3D, visit our website at http://www.Solar3D.com.
Here is something from WSJ.com that might interest you:
Solar Energy Is the Future; You Can’t Stop It — Letters to the Editor
http://www.wsj.com/article_email/solar-energy-is-the-future-you-cant-stop-it-1451858152-lMyQjAxMTA2NjA1NTIwMDU0Wj
Solar3D Third Generation Prototype Enters Testing Phase
SANTA BARBARA, CA -- (Marketwired) -- 02/12/14 -- Solar3D, Inc. (OTCQB: SLTD), the developer of a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, today commented on the detailed optimization of the elements of the third prototype of its next generation technology.
"It is very exciting to enter the final phase of the fabrication of third generation prototype of our powerful new solar cell," said Jim Nelson, CEO of Solar3D. "This effort has taken more time than our previous two prototypes because we are combining all the research and experimentation that we have utilized so far to create the best possible version of our technology. This final testing phase will assure that each element of the cell will be optimized to produce the maximum power."
Sometimes just reading old new makes one feel warm and fuzzy..
Solar3D Announces Mass Scale Manufacturing Design for 3-D Solar Cell
High Conversion Efficiency Solar Cell to Be Produced Using Low Cost Semiconductor Processes Perfected in 1990s
February 23, 2011 04:01 PM Eastern Standard Time
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Solar3D, Inc. (OTCBB: SLTD), the developer of a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity, today announced that its design will take advantage of low cost semiconductor processes to enable mass production.
“The key to the successful low cost fabrication of our 3D solar cell is that we can use existing semiconductor manufacturing facilities and machines. This is important for two reasons”
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Inspired by light management techniques used in fiber optic devices, the company’s innovative solar cell technology utilizes a 3-dimensional design to trap sunlight inside micro-photovoltaic structures where photons bounce around until they are converted into electrons. The company’s management believes that this breakthrough solar cell design will dramatically change the economics of solar energy.
Jim Nelson, CEO of Solar3D, commented, “In the solar industry, it is not enough to have high efficiency, you must also be low cost. We started our company with the mantra of ‘Breakthrough Product, Common Manufacturing,’ and I am pleased to report that we are right on track.”
Nelson continued, “The key to the successful low cost fabrication of our 3D solar cell is that we can use existing semiconductor manufacturing facilities and machines. This is important for two reasons:
The semiconductor manufacturing technology we are designing for was perfected in the 1990s. So, there will be no significant operational bugs in the machines or the processes, and the technology has only gotten better over time.
Because of our ability to use existing machines and facilities, there will be little or no new need to ‘invent’ new machines or construct new facilities just to make our 3D solar cell.”
A photovoltaic solar cell is basically a diode, and a diode is the most basic building block of modern day microprocessors and electronics. The micro-photovoltaic structures that make up our Solar3D cell are essentially diodes. By designing these “diodes” in the correct shape and size, the company believes its 3D structures can easily be produced in widely available high speed semiconductor manufacturing facilities.
Mr. Nelson concluded, “In the end, we intend to achieve what every solar innovator hopes for: More Power, in a Smaller Space, for Less Money.”
About Solar3D, Inc.
Solar3D, Inc. is developing a breakthrough 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. Up to 30% of incident sunlight is currently reflected off the surface of conventional solar cells, and more is lost inside the solar cell materials. Inspired by light management techniques used in fiber optic devices, our innovative solar cell technology utilizes a 3-dimensional design to trap sunlight inside micro-photovoltaic structures where photons bounce around until they are converted into electrons. This next generation solar cell will be dramatically more efficient, resulting in a lower cost per watt that will make solar power affordable for the world. To learn more about Solar3D, please visit our website at http://www.Solar3D.com.
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “anticipate,” “believe,” “estimate,” “may,” “intend,” “expect” and similar expressions identify such forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. These include, but are not limited to, risks and uncertainties associated with: the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and distributor performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and other factors detailed in reports filed by the Company.
Contacts
Beckerman
Laura Finlayson, 201-465-8007
Lfinlayson@beckermanpr.com
SOLAR3D, INC.
OTCBB:SLTD View stock quote and chart View SEC Filings
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While getting bored here with lack of excitement I took a nice little position on $UNE about a week ago and I am hopeful JN and company can muster up just half the interest they have in the next couple of years. Volume is ridiculous and getting in/out happens in the blink of an eye. Come on Jim throw the market a bone or two! There must be something good to say since the last time shareholders heard from you.
Well if that is true they will be flipping at a higher price which is fine by me. GLTA and Happy New Year to all!
Action this morning and no activity here on the hub is proof this board is dead! Where did everyone go?
Unfortunately I think we will see a lot more of these types of rate structure changes until the time comes when it is commonplace for these utilities to be removing power supply lines to homes and businesses. This is why monopoly services are never good for the consumer.
That is a very good point. The margins are much better in the retrofit replacement market than they are in the initial installation market. If the company stays in touch with their customers which I believe they will over the lifetime of the array then they will most likely be the ones who get the replacement business. Not only will they have the opportunity to sell a more efficient new array to their customers they will also be able to start a battery installation department and market that benefit to all array owners. Anyone wish to take a stab at whether or not the battery packs will be eligible for the 30% tax credits?
Yes exactly my thoughts. I think we are starting to see an influx of new monies coming in and the kind that is not for the purpose of flipping. I bet those shares that sold early this morning are wishing they had not been given away. The upside is going to be strong in my opinion for a while and I think with another acquisition announcement soon this stock should get back to $5/PPS without too much difficulty. Once that happens and we get a couple more great ER's under our belt we should be well on our way to getting a market cap of 300M or better. No doubt right now there is institutional funds that have had to go other directions due to our current market cap. Our best days are in front of us and our future looks brighter than ever IMO. Long
I think everyone is realizing how important that extension truly was for our whole industry right now.
Thanks guys! I appreciate both responses and I hope you are correct. I believe there should be lots of money looking for long positions in solar profitable growing companies in the near future. Getting our market cap above 100M should happen fairly quick IMO.
I wonder how many companies JN might have been courting about being acquired were waiting to see if the ITC would get extended prior to making any decisions? My initial thought is there will be fewer companies who wish to be acquired for the next 4-5 years now. I am interested to know what others here think.
We are outperforming many other solar stocks today which might make up some ground from a few days ago when we did not follow pace as well.
Thanks Bucky I stand corrected. I should have said JN has not sold any since the uplist and I have been around long enough to remember seeing lots of that from him back in the OTC days which always caused a firestorm of comments.
There has not been any insider sales since uplisting and this was the insiders paycheck in the form of stock shares so it was like you getting your paycheck but asking you not to cash it! None of those sales bothered me nor will they if they happen again in the near future. They deserve their rewards for hitting their goals.
This chart shows precisely what my fears a few weeks ago were as to where the solar industry would be going after the expiration. If I comprehend it correctly it would have taken about 6 years to get back to where we are today without the help. Who would want to invest in solar for the long term when looking at that chart without the ITC on the table? I am happy to see this extension moving forward and by 2022 this industry should no longer need the help. I think we will be back in the green by EOD.
I see no reason the good solar stocks will not continue to get investors now as this is a much safer bet for the next 5 years easily. Assuming that the ITC does in fact get extended. I think the past 2 days uptick is mainly because of this assumption and it will be exciting to see what actually happens once it has been voted on and approved.
GLTA Long!!
ITC extension
I am very happy to hear about the very good probability of the several year extension. I hate these handouts as I have said before but this industry in the eyes of investors is just not ready to flourish without this help. As we can see today there was lots of money waiting to go into the solar sector based on this extension as the solar stocks are soaring today. Make no mistake about how red they would be today if the talk was not to extend!
Our best days are in front of us and congrats to all who just picked up more at the recent lows.
Great post Alex. This got me to looking at my overall performance in my SLTD portfolio and it was interesting to find this. Many of the longs here know I went nearly all in on this find as I had that much faith in JN and Company. I do believe JN has a plan to grow and prosper with or without the current tax credits. Everything I bought 6-10-14 and before I am up $67k and all buys after that date I am down $85k on those shares. This may help some realize the timing of getting invested here can make a very big difference and hence all the different perspectives of what one believes due to their own personal gain/loss at present time. For as much as I have invested I have provided little to zero technical information but I can tell you there have been many here that fill that roll very well and that is what I love about this board.
GLTA Long
This article is spot on in my opinion and it hits on most all the issues that I have been having recently. PPS north is driven by more buyers than sellers and buyers perceptions today of where we will be in 18 months from now is the big issue with solar companies PPS today. Make no mistake we are invested into a high risk area at this time. I can only hope those who endured the risk are adequately rewarded in the end.
Long
Terrorism in part due to global warming? Did I just hear mainstream media suggesting this? Wow this puts a new twist on our long term growth possibilities. Could this type of talk have an effect on the politics of green energy? Lots of ?'s here with talk of this type.
Solar3D Unveils 1st Working Prototype, 250% More Efficient than Control Solar Cell
September 9th, 2012 by Zachary Shahan
Solar3D, which we’ve covered several times (click that link), has completed the first working prototype of its “breakthrough 3-dimensional solar cell technology.” The 3D solar cell it has created “produces at least 250% of the power of a basic silicon solar cell,” according to the company.
http://cleantechnica.com/2012/09/09/solar3d-unveils-1st-working-prototype-250-more-efficient-than-control-solar-cell/
As I recall they did do a demo of the cell on a desktop connected to a micro fan. Now as to why they never produced a complete solar panel for a demo..it is my belief that they never intended to produce a panel only the prototype cell showing its efficiency which then they would go after a cell manufacturer who could become a partner in actually mass producing the cells which then could be sold to panel manufacturers or something similar to this.
Really?
It would appear that nobody really cares one way or the other about what we already knew was going to happen.
Long
I agree with you 100% regarding the cell.
If it was a pump which I can understand at this PPS let's hope there is some update on status of Asia patent or something even better to follow
Not panic but yes some emotions lately due to the amount of skin in the game which is my doings. Thank you for the great post and it is good to see you are still here and long. I actually increased my position at 2.80 so no "splat" anytime soon. Questioning things does have a way of bringing out some good posts which have been lacking here these past several months. Started making me think many of the longs of 2 years ago had moved on.
Long
Solar3D’s Upcoming Acquisition, Elite Solar, Reports Over $7 Million in New Solar Contracts
Subsidiary expected to close by December 1 continues to generate high volume of sales in California agricultural and commercial markets
Santa Barbara, CA – November 19, 2015 – Solar3D, Inc. (Nasdaq: SLTD), a leading provider of solar power solutions, announced today that Elite Solar, the Company’s newest planned acquisition, reports over $7 million in projects that have begun recently and a backlog of contracted projects of over $5.5 million for agreements due to commence shortly.
The list of ongoing and backlogged projects spans solar implementation for sizeable commercial and agricultural businesses. The projects range in size from 100kW to over 1MW in terms of solar deployment, the latter representing a project that will save the farm millions in energy cost savings while driving significant revenue for Elite Solar. The Company also anticipates contracting a number of new deals within the next two weeks, including sizeable contracts with large agricultural and commercial organizations throughout the high-growth California solar market.
“We are thrilled that Elite Solar business has flourished late into the year as we continue to establish 2015 as the most lucrative year in Company history,” said Kirk Short, CEO of Elite Solar. “With over a dozen projects currently under development and several more about to begin, we anticipate finishing the year on a very strong note.”
"The tremendous profitable growth experienced by Elite Solar is a common denominator the solar companies with which we anticipate joining forces," said Jim Nelson, CEO of Solar3D. “In addition to their rapid growth, Elite Solar is a natural fit for the Solar3D organization due to its strong leadership, and for how well we anticipate they will complement our existing team. We expect Solar3D and its subsidiaries as a whole to be strengthened through this process, resulting in a Company with a dominant presence within the high-growth solar regions that we serve.”
About Solar3D, Inc.
Solar3D, a leading provider of solar power solutions, is focused on the design, installation and management of solar power systems for commercial, agricultural and residential customers. Through its wholly owned subsidiaries, Solar3D is one of the fastest growing solar systems providers in California, delivering 2.5 kilowatt to multi-megawatt commercial systems. Solar3D's technology division is developing a patent-pending 3-dimensional solar cell technology to maximize the conversion of sunlight into electricity. The Solar3D Cell collects sunlight from a wide angle and lets light bounce around in 3-dimensional microstructures on the solar cell surface. The Company's mission is to further the widespread adoption of solar power by deploying affordable, state-of-the-art systems and developing breakthrough new solar technologies.
To learn more about Solar3D, visit our website at http://www.Solar3D.com.
$113 Million being invested into SCTY! I see this as a very good sign right now.
http://www.nytimes.com/2015/11/19/business/dealbook/solarcity-investment-silver-lake-elon-musk.html?src=mv&_r=0
Apparently your bet position is not shared by those who have the capital to actually move the PPS north and keep it there. I feel sad for JN at this point because there is no doubt in my mind he expected us to be above $5 by this point in time.
David Einhorn, founder of Greenlight Capital exiting the solar arena with its stake in SunEdison recently coming to light does not help us or the solar sector. I say the reality we are facing is all the profits and business growth right now which make no mistake about it are largely due to the ITC handouts are not a true reflection of the business model in 13 months from today unless the ITC is extended beyond the end of 2016. Would one invest in Tesla today if they knew today that the price of all vehicles in their lineup were going up by 30% in 13 months from today? Hate to say this but I think we are in for some rough times for a while regardless of growth, profits and acquisitions in this solar arena unless someone can show me the faucet for the ITC handout is not going to get shut off. Will our go to market model be better than others in 2017? Sure it probably will be. What kind of revenues can we expect as well as profitability? No one knows!