Mission Bay Solar

So, what exactly is involved in calculating solar panels cost in Mission Bay? When thinking about solar power very few people know the way the cost of solar panel systems is actually measured. Or even, for that matter, do we automatically grasp the connection relating to the cost of solar power and the value of solar power. We all know that gasoline prices are in dollars per gallon. We likewise are all aware of approximately how far we’ll be able to drive after spending 40 bucks for a tank of gas. In contrast to a tank of gas, the value of which can be consumed pretty much instantly, solar panels deliver their value across a period of time.

Solar Water Fountain

Mission Bay 3 Undervalued Solar Leaders

Solar Panel image by kuhar from Fotolia.com Although it comes with a steep price tag, building your own solar energy system comes with many benefits. Depending on how much installation you do yourself, your payback period can be dramatically reduced. Building your own system requires advanced knowledge of home-improvement techniques, including electrical, circuitry and roofing. This project may take four to five full days of work, depending on how large of a system you are installing. Things You'll Need Pen Paper Solar panel kit Mounts Silicone with caulking gun Power drill Heat gun Charge controller Deep cycle batteries Insulated electrical wire AC inverter Wire strippers Soldering iron Adhesive-lined heat shrink tubing Electrical tape Write down on a sheet of paper the appliances that you are desiring to operate with solar power. Write out the total amp rating of each appliance as well as the number of hours that each appliance will operate throughout the day. Multiply the the amp rating for each appliance by the number of hours you plan to operate it. This number will indicate the total amp hours that you need to provide through your solar power system. Generally, the total amp hours from your appliances should equal no more than 50 percent of the total capacity of your battery bank. For example, if you plan to use your appliances for 200 amp hours on a daily basis, your battery bank should a charge up to 400 amp hours. This will help to determine the number of batteries that you need, however, the amperage on deep cycle batteries vary depending on which product you purchase for your system. Mount the solar panels on the south-facing portion of your roof-top by using a power drill and the mounting kits provided with the solar panels. Solar panels should be angled so that they match the latitude of your location, plus or minus 15 degrees depending on seasonal adjustments for the height of the sun. For example, if you live at a location where the latitudinal coordinate is 30 degrees, the panels should be mounted 30 degrees from horizontal. If your kit includes the ability to change the angle at which the solar panels are mounted, you should add an additional 15 degrees during summer months and subtract 15 degrees in the winter, when the sun's height is lower in the sky for a shorter duration of time. Solder 12 gauge electrical wiring to the two output terminals found on the side of the solar panel. The black 12 gauge wire should continue from the positive terminal of the solar panel and the white wire should connect with the negative terminal. Use the green wire to connect to the solar panel's frame as a way to ground the wire. Expose at least one inch of the copper wire by stripping the sheath of the two wires you are joining together. Twist the two wires being joined together into an "X," wrapping the first wire's end along the length of the second wire until the first wire's end is completely wrapped around the second wire. Repeat the same process for the second wire. Heat the joint by holding the soldering iron beneath the wire joint. Apply the soldering iron and solder to the top part of the joint, adding more of the soldering wire until the joint is completely covered with solder and the exposed wires are no longer visible. Wrap adhesive-lined heat shrink tubing around the newly soldered joint, heating it tubing with a heat gun until it covers the solder. Connect the ends of the extended wiring coming from the solar panels to a charge controller, which has screw-on connections for input wires. The charge controller prevents the deep-cycle batteries from becoming overloaded, thus reducing the maintenance and cost of your solar power system. The charge controller should also be stored adjacent to the batteries. Wire the deep-cycle batteries together so that they form a circuit by using either a parallel or series pattern. Use 8-gauge wire to connect the batteries. To connect the batteries into a series circuit, which doubles the voltage of the system, wire the negative terminal of one battery to the positive terminal of its adjacent battery. Continue this pattern until all terminals are connected. To connect the batteries into a parallel circuit (which doubles the amperage of the system) connect the positive terminal of one battery to the positive terminal of its adjacent battery. Do the same for the negative terminals on your deep-cycle batteries as well. Install the input wires from the AC inverter, which are equipped with screw-on joints to mate with the battery terminals. The inverter will change the Direct Current from the batteries to Alternating Current, which is a usable form of electricity that home appliances utilize. Connect the ends output cables of the charge controller to the deep-cycle battery circuit. The charge controller's output cables, black for negative and red for positive, also screw onto the battery terminals with a screwdriver. Other People Are Reading How to Get 48V out of a 12V Solar System How to Self-Install Solar Electric Plug your appliances into the outlets of your AC inverter and turn the inverter on. Tips & Warnings Currently, the 3-stage charge controller is the industry standard, however, using a Maximum Power Point Tracking controller will provide greater efficiency, especially if you are installing a larger system. Although a solar system is quite complicated to build, thinking of it in terms of "layers" may be helpful. The sun powers the solar cells, which are connected to a charge controller, which connect to the batteries, which connect to an inverter. Related Searches References Solar 4 Power: Solar Power Don Rowe: Power Inverter FAQ Green Living Tips: Solar Power Basics Photo Credit Solar Panel image by kuhar from Fotolia.com Promoted By Zergnet Comments Please enable JavaScript to view the comments powered by Disqus. Resources Aaron Cake: Soldering Electronics Solar 4 Power: Batteries Free Sunpower: FAQ You May Also Like How to Build Solar Panels for Electricity With energy rates on the rise, building your own solar panel is an economical, smart, and rewarding way to produce your own... How to Understand & Install Your Own Solar Electric System The most visible components of a photovoltaic (PV) energy-generation system are the solar panels. You usually don't see the devices that convert... How to Build Your Own Solar Energy You can harness the energy of the sun to use at home through solar panels. Commercially available solar panels are expensive, and... How to Build Cheap Solar Energy Systems You may have been considering solar power for some time but have been putting it off because of the high initial investment.... How To Install A Solar Panel

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Solar Power, Inc. (OTCQB:SOPW): Why this $1 Billion Company Could Fall By More Than 80%

When a stock rises from $.25 a share to close to $3.00 a share in a little over 3 months, it's bound to get your attention. Naturally, I became curious as to the catalyst that is driving this move and most importantly, is the share price sustainable. After looking into the company further it became very apparent that the company is significantly over valued with a market cap of $1 billion. With the stock price at $2.40 per share, investors could potentially lose 80% of their investment (or more).

Share Structure

The company currently reports having 334 million shares outstanding within their most recent 10-Q filing. Buried within the filings are a number of toxic debt conversions that could adversely affect the company's share price in the future.

In the second quarter of 2014, the company increased the amount of authorized shares from 250,000,000 to 1,000,000 shares. Around the same time of the increase in authorized shares, the company issued 40,625,000 shares of common stock to a non-U.S. investor at a price of $.16 a share (Source: 10-Q Filing)

In July 2014 the Company issued a large number of shares via a convertible bond and a private placement at a deep discount. 68,750,000 shares of common stock were issued at $.16 per share along with another 26,562,500 shares of common stock at $.16 per share.

Since the period ending June 30, the company entered into yet another agreement to sell 92,620,000 shares of common stock at a price of $.27 per share. This private placement was concluded on September 17 and increased the number of outstanding shares to a total of 426,771,956 shares.

In total, the company has issued 135,937,500 shares of common stock since May at a price of $.16 per share along with another 92,620,000 shares at a price of $.27 per share. During this same time, the share price has increased from $.20 per share to $2.40 per share, and increase of over 1000%. Since the 92 million private placement took place after the period ending on June 30, 2014, the actual number of outstanding shares is over 425 million shares. At a closing price of $2.40, this puts the current market cap of Solar Power, Inc. over $1,000,000,000.

Bankruptcy

LDK Solar Co. owns 42.4% of the Company's outstanding shares as of August 19, 2014. On October 21, LDK Solar Co. filed for bankruptcy. Despite the large number of positive press releases produced by the company, they have failed to disclose this material fact.

In addition to the bankruptcy of the Company's parent company and majority shareholder, the Company also has accounts payable due to LDK Solar Co. of $38.7 million. The Company admits within their filings that should LDK Solar demand payment (which is likely due to their bankruptcy filing), that they do not have the ability to make payment without additional sources of financing. With the recent increase in authorized shares, it can be reasonably concluded that Solar Power Inc. will need to dilute shareholders even further in the future.

(Source: 10-Q Filing)

Contact Information

Solar Power Inc. lists their phone number at otcmarkets.com as well as their own website at solarpowerinc.com. The two phone numbers listed are 916-770-8100 and 800-548-8767. Both of these phone numbers will not connect you to the company and will instead put you into a voicemail for a "Susan Carter." Susan Carter appears to have no affiliation with the company whatsoever.

Conclusion

With 426 million shares outstanding, the current market cap of Solar Power, Inc. is over $1 Billion and the company does not even maintain a working phone number. For this reason, along with the many other red flags that exist, we urge investors to take profits immediately before it's too late. Also, with the number of red flags that exist along with the billion dollar market cap of the company, it is very likely regulators will take notice which will then put the stock at a serious risk of a halt.

Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.

Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.

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