Q&A with Solar Power Inc.

During next Tuesday’s EDGEucational Forum, executives from Solar Power Inc., will discuss the company’s successful journey to become one of the few local public companies, and why renewable energy companies are flocking to the Sacramento Region to do business.  Below is a snapshot of what Tuesday’s discussion will include.

Question and Answer with Solar Power Inc. (SPI):

What was the business mission of Solar Power Inc. when it was formed?

To manufacture high-quality, low-cost solar modules and racking systems by leveraging the founders’ experience in manufacturing similar products. We remain true to that core mission.

What are 3 surprising facts people probably don't know about solar energy?

1.       Photovoltaic solar energy is a proven technology and energy source.  It has been a fundamental source of energy for the space program since its inception and there is no harsher environment to operate in.  The fundamental technology is very solid.
2.      Many people are waiting for “revolutionary” changes to take place before they are willing to make the move to solar. The current technology will probably not change as fast as electricity costs are rising and the environment is being impacted by fossil fuel use.
3.       The amount of solar energy reaching the surface of the planet is so vast that in one year it is about twice as much as will ever be obtained from all of the Earth's non-renewable resources of coal, oil, natural gas, and mined uranium combined.

How has the company changed since going public?

The company has changed as the market for photovoltaic solar has evolved and continues to evolve.  For example, Governor Schwarzenegger’s executive order to source 33% of California’s energy from renewable resources by 2020 has opened up the utility-scale solar market in California.  ARRA funding has made a variety of financing opportunities available for solar projects and the current oil disaster in the Gulf of Mexico underscores the environmental consequences of fossil fuels and our dependency on them.  This has resulted in healthy new dialogues about renewable energy throughout the affected region and the rest of the country as well.

Event Details:

When:              Tuesday, June 15, 2010
Time:               11:30 a.m. – 1:00 p.m.
Where:             Metro Chamber Office (One Capitol Mall, Suite 300)
Cost:                $15.00 – includes lunch

Go to the event page :: Register now