Indeed $230k is an awful lot for such an installation, but this was a showcase with integrated logos and a realtime PV power gauge. The incremental cost for their colored glass was surely not more than a footnote the project costs. They just need PV integrators to certify and resell their glass.
IMO opportunity is huge, but they'll need to chase hundreds of resellers and integrators or architects in order to generate significant demand.
I wonder what the new product they are developing is? Perhaps the ability to more easily integrate shapes and words/logos in the glass??
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.