New entry in the car market in India promises to be powered by compressed air. Following the most recent announcement of another small car for the Indian market, it seems that their necessity for cheap vehicular transportation is now matched by ingenuity in how to power the vehicles without the cost or environmental hazards of gasoline fueled engines.
It reminds me of a story by an indian thinfilm researcher who used to be on our board of advisors. He told me of a trip to an Indian farm where a solar system had been installed to power irrigation. The farmer complained to the manufacturer that there was no way to turn the pumps off because no switch had been provided. The american maker started to design a switch. Yet when the researcher got to the site, he simply took a rug and through it over the solar panels, stopping power to the pump altogether.
See sometimes it needn’t be complicated to be bright. And that’s what will drive the most simplistic solutions for third-world transportation and energy needs in the future.
Sass
1 Comment
why dont you blog about your company and not your personal whims. As an investor who is getting killed as I bought at $2.35 a share I sure am hoping you have some creative ideas not shown here.
Sass Comment:
Dear Sir,
There is no fundamental reason for such a shift in market sentiment about our company. As you have seen in the past few months, we are only adding clients, which is vastly different from previous years where we lost clients each year to chinese fake competition.
We believe that our company has properly positioned itself to reap rewards of investments made in 2006 and 2007, particularly disposing of a bleeding factory in 2007 calendar.
Solar stocks in general seem to be stagnant at the moment as people await some consolidation in the industry. The question is not whether its coming, but when. ICP Solar feels very well positioned to grow in 2008.
Regards
Sass Peress