Lots of small jobs equal one bigger job.
I'm glad CSKH is able to do "all jobs". Once we see Clear Skies in the press for installations this rocket is going to launch.
Financing apparently is a big aspect of this work and clear Skies in now in that game as well (I think General motors made more money off GMAC financing than they did actually making the cars, lol). Its not like owners (residential or commercial) can take out a mortgage like they normally would to expand/improve, so other avenues are needed to finance these solar installations.
It obvious there are going to be large amounts of solar installations this year. All CSKH needs is probably 1/10th of 1% of them to make a boat load of cash. They guided $15M in revs for 2010 with only $5M booked so far and 2010 is closed. If they tell us $10M in 4Q there will be a lot of crying by people who thought .035 was too expensive, lol.
I can just see the headline now (Replace Sunpower with Clear Skies Solar in the below headline)...
"...SunPower hit a home run with its latest earnings report, announcing record-setting revenue of $937.1 million in the fourth quarter of 2010, a 69 percent rise from the $550.6 million it did in the third quarter and an even bigger jump – 71 percent – from the $547.9 million it did in the fourth quarter of 2009...." - February 18th, 2011
Those $10M in revs will all have come from large commercial jobs through G&S. I'm sure that won't be the end of that pipeline either. Ezra was talking a crazy number of monthly residential installations, so add that to the commercial work and we will have a runaway train on our hands!
