SunbitsSass Peress – CEO of ICP Solar – Solar Blog

To all the dads out there, make it your Kids’ Day. That’s what will give you the happiest father’s day of all time…

Below is an excerpt of Obama’s speech with deals with clean energy. All I can say is…thank you BP. Perhaps now rather than treat your solar division as an afterthought, you might actually invest something in it…

“Each of us has a part to play in a new future that will benefit all of us. As we recover from this recession, the transition to clean energy has the potential to grow our economy and create millions of jobs -– but only if we accelerate that transition. Only if we seize the moment. And only if we rally together and act as one nation –- workers and entrepreneurs; scientists and citizens; the public and private sectors.
When I was a candidate for this office, I laid out a set of principles that would move our country towards energy independence. Last year, the House of Representatives acted on these principles by passing a strong and comprehensive energy and climate bill –- a bill that finally makes clean energy the profitable kind of energy for America’s businesses.

Now, there are costs associated with this transition. And there are some who believe that we can’t afford those costs right now. I say we can’t afford not to change how we produce and use energy -– because the long-term costs to our economy, our national security, and our environment are far greater.

1. Go straight until you find INTEGRITY in every word or action
2. Then turn right at GRATITUDE for all in your life
3. Make a left at GENEROSITY to those who cannot show gratitude
4. Circle around to self-FORGIVENESS for the judgment of others
5. Find Heaven on Earth for you.

MIT has discovered a way to print solar cells on paper. This is not knew (printing on flexible substrate) what is new is the use of paper as a substrate.

Now while the efficiency of the cells is now maxed out at 2% it simply reminds me that while much of the world is focused on rooftops, there are so many other uses for power yet unexplored because there is no source that this kind of revolutionary cell needs revolutionary thinking. You won’t power a roof for a home much with that type of efficiency, yet we need to use the imagination to find applications for such novel ways of creating power. The microchip industry got out of the box to create multitude new uses when the cost of making them went way down. That’s what happens with power too.

sass

I have learned that its in the fighting of reality that we find suffering. Business can be painful, yet to make you suffer is to lose a grip on how you can truly make it great. What we have been through in the past year is all for a great reason which the market is about to discover. No prediction except that, as always, I will surprise… Sass

I have not blogged for a while due to the emphasis on other things for the moment. However expect me to come back with a vengeance of new blog topics in early May.

Sass

Many investors have been wondering what is the big deal about the merger agreement we have signed. Where does it lead ICP? What happens to the consumer goods in light of a solar farm/rooftop focus.

The fact is that as a company engaged in small consumer goods, affording the publico costs, processes and requirements for disclosure put us at a significant disadvantage to our competitors. So a merger with an entity which has significant pipeline in solar farms, and therefore projected cash flow positive realities, makes perfect sense. It permits me (no longer CEO after 21 years) to focus on what I love to do…create award winning consumer directed solar chargers, while the responsibilities and tasks of a public company CEO and Chairman are passed on.

We are excited about this merger, and hope to announce its closing in the near future. Whatever happens, it has changed our sentiment on the future and permitted us to get goods flowing again. That in itself was tenuous in early Fall, and now is assured. It will take a while to get things fixed, yet I have a feeling that with the Energizer(R) company by our side, and this new partnership, and my resignation from the position for which I am not suited (at this time) to hold, I believe that the merged entities are looking at a great opportunity to create shareholder value beyond anything in the past.

Sass

This is a youtube video of John Crawford, technology guru at Energizer, talking about Energizer’s various offerings in the solar sphere, including our own charging kits.

The response at CES was tremendous, even though we chose not to exhibit this year. The fact is that even Energizer no longer exhibits at the show and I believe we were redeemed by using a “virtual launch” instead. There are smarter ways to spend money than on freight, booth models and electrical hookups to promote the program.

Sass

The new www.energizersolar.com website went live today. Its a view of good things to come in the renewables sector. Energizer(R) itself announced a range of solar powered lights last night at Digital Media Conference. Its looking like a sunny year to come…

UPG and ICP Solar have united to bring the electrical and consumer goods industry the best of both worlds. ICP’s licensed solar chargers, under Energizer brand, will now be offered to over 2000 dealers of UPG’s. UPG’s new Energizer inverters and powerboxes will be included in ICP Solar power kits for its customers. UPG is one of the premier third-party logistics companies in the USA and their knowledge of batteries and battery related systems is simply going to further enhance our position. Brands, innovation, execution, range.

With two parties bringing complementary core competencies and assets to the party, it is bound to enhance both companies’ customer confidence, and risk-management. Shareholders of both seem to be pleased yesterday…

Sass