Citizenre Financial Team

Brad,

mdsolar from slashdot here (a disclosure). I notice in you last comment that you probably meant that the risk is that electricity rates would fall rather than rise. I would say that so long as this is a local phenomenon, the risk can be managed. If electricity rates nationwide fall faster than the cost of solar is falling I would be very suprised because electricity is currently dominated by sources that will have flat (hydro) or increasing costs (coal, nuclear and gas). Wind tends to moderate rates and it has a high growth rate, but its cost curve is less favorable than solar's.

I also think that you may be confusing Begleys. Might want to check that. Ed's show had been renewed for a second season and shooting of CR's first installation was completed last week in under a day, despite retakes, for inclusion in the show.

You have been hoping for more information from CR. They have announced their finance team and there is a news item linked at my Real Energy blog (repeated here). I think you'll agree that the timing could not be better given the flight of money from real estate. Other, more secure, structured finance sectors should be finding reduced costs in the near term.

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