RENEWABLE ENERGY STOCK

CEOCFO-Members Login

2010

The Most Powerful Name In Corporate News and Information

Energy  |  Resources  |  Capital Goods |  Healthcare |  Financial  |  Technology  |  Communications |  Business Services

CURRENT ISSUE COVER ARCHIVES  |  INDEX  |  CONTACT  |  FINANCIALS |  SERVICES  | HOME PAGE

With The Economic Downturn Of 2009 Over, Clear Skies Solar Inc. Is Writing a Strong Turnaround Story with Contracts Done and New Contracts on the Books For 2011



Jr. Oil & Gas DBRM

Jr. Oil & Gas BEY

Jr. Oil & Gas MGWSF

Jr. Oil & Gas ATI

Jr. Oil & Gas FNR

Jr. Oil & Gas WPP

Jr. Oil & Gas XPL

Jr. Oil & Gas ATH

Oil Sands ATH

Light Sweet Crude XPL

Solar Energy CSKH

Renewable Energy CSKH

Wood Pellet VRD

Biofuels VRD

Wind Energy SENY

Green Technology SWHN

Clean Energy AEHI

Clean Technology SENY

Clean Technology TTEG

Clean Technology SYMX

Hydrogen Generators DYA

Energy Tech DYA

Energy-Tech ECNG

Environmental
Technology TOMZ


Environmental Technology AURT

Uranium ABE

Shale Gas ATI

Utica Shale ATI
 



Jr. Gold AEX

Jr. Gold ICX

Jr. Gold RCZ

Jr. Gold EXA

Jr. Gold FDN

Jr. Gold MAO

Jr. Gold EVG

Jr. Gold RYMM

Jr. Gold LAT

Paraguay Exploration LAT

Zinc SRZ

Precious Metals Extraction RYMM

Rare Earth ORE

Lithium LMR

Precious Metals AEX

Resources AUU

Mining GOZ
 



Capital Goods MNTX
 



Drug Development BPAX

Drug Development CTIX

Drug Development VICL

Drug Development RXII

Drug Development ANX

Drug Development NBS

Drug Development LLTP

Drug Development BPTH

Vaccine
Development VICL


Women's Health BPAX

Health & Wellness BTX

Health & Wellness SMEV

Health & Wellness WELL

Medical Device SFES

Medical Device
CSDT


Cancer Detection CSDT

Cancer Research CTIX

Cancer Research ANX


Regenerative Medicine PROT

Adult Stem Cell Research & Storage NBS

Stem Cell PROT

Stem Cell ISCO

Obesity Surgery SFES

GERD Surgery SFES

Biotechnology PVCT

Pharma URGP

 Autism Research CTIX

Animal Health BISU
 



Insurance MIG

Business Development WELL

Business Banks AMBZ

Commercial Banks CUNB

Commercial Banks CABC

Commercial Banks ECBE

Specialty Finance FSC

Specialty Finance GFIG

Specialty Finance FNR

Brokerage
Services GFIG


REIT TWO

REIT BDN
 



Technology ANDR

Video
Conference COWI


Telepresence COWI

Semiconducto LGL

Real Estate LCN

Infrastructure MRCR

Building Materials IBTGF

Fire Resistant Materials IBTGF
 



Business Services PRGX

Business Services CSPI


Business Services RKN

Business Services PMFI

Business Services AUXO

Business Services VSST

Business Services NSSI

Business Services GMT

Business Services ITEX

Business Services QIS
 



Canadian Resource LAT

Canadian Logistics GMT

Canadian Gold EVG

Canadian Oil ATH


Canadian Oil XPL

Canadian Biofuels VRD

Canadian Health
& Wellness BTX
 


 

Ezra J. Green
Chairman and CEO

Ezra Green has been involved with renewable energy companies for seven years and founded Clear Skies in 2003. Prior to launching Clear Skies, Mr. Green was a successful entrepreneur who founded TAL Design & Construction in 1990, a general contracting firm. Mr. Green has 25 years experience in the construction business, including those in which he led TAL Design & Construction to top rankings for excellence and customer satisfaction in The Franklin Report. TAL Design & Construction consulted on interior design and performed high-end commercial and residential construction in New York City and Long Island. Ezra began his career as a software engineer and programmer.


Technology - Renewable Energy
About; Clear Skies Solar Inc. (CSKH-OTC: BB)
200 Old Country Road, Suite 610, Mineola, NY 11501
Phone: 516-282-7652

http://clearskiessolar.com/

Clear Skies Solar Inc. delivers turnkey solar electricity installations and renewable energy technology solutions to commercial customers across the United States. We are designers and integrators of solar power systems, sourcing components from only the highest quality manufacturers. Our team's construction background provides us with real world experience in delivering results quickly and cost-effectively for our customers. Clear Skies Solar also develops new technologies and products that include proprietary PV panel mounting systems and trade secrets that reduce the system installation time. XTRAX® is a proprietary remote monitoring solution for measuring the production of renewable energy systems. Since its launch, Clear Skies Solar has installed solar power systems for municipalities, real estate developers, agricultural locations, office and residential complexes, manufacturing plants, schools, and more. The company's forte lies in sub-1MW commercial sector installations and agricultural through developer partnerships, and highly economical remote monitoring services.

 

Interview conducted by: Lynn Fosse, Senior Editor, CEOCFOinterviews.com, Published: November 12, 2010

 

CEOCFO: Mr. Green, would you give us an overview on Clear Skies?

Mr. Green: Clear Skies Solar is a national solar integration company in the commercial, industrial and agricultural sector. What we do is sell, design and coordinate financing along with managing the construction and the installation in its entirety down to the interconnection agreements with the utilities. We also maintain the systems and we keep our fingers on the pulse of new solar markets.

 

CEOCFO: What is the geographic reach for you today?

Mr. Green: Well we have international capabilities and before the crash of 2009 we were starting to operate in Greece & India. For the time being, we limit ourselves to the contiguous USA.


CEOCFO: There are a variety of types of solar systems: what is your expertise that separates Clear Skies Solar from the pack?
Mr. Green: The thing that separates us from the competition is they tend to be cardboard developers meaning when they get a live customer, they well call up one of a dozen sub-contractor companies to handle the development etc. We on the other hand are different. We usually get chosen based on our past performance. Every time we show up on a project, the same people are doing each one of those jobs, where as with other companies you never know what you are going to get. There is an old saying that you are only as good as your last job. We don’t need to worry about that, every job is a successful job.

CEOCFO: Would you tell us about your proprietary monitoring system?
Mr. Green: We received the patent for our XTRAX in February 2008. The technology allows us to monitor energy production from renewable energy sources and distribute the date via our software as well. This allows system owners to affordably monetize the production values of a given system.

CEOCFO: Would you give us an example of a typical project?
Mr. Green: The typical project, if we started on day one with a customer, it could take them anywhere from 60 to 90 days to make a decision. Some clients are faster, but that is the norm. Once we have been selected, we move to final engineering, with preliminary engineering already done to ensure viability. It is important to check the structure and measure it to ensure that the roofs will be able to support it. We have also performed a preliminary electrical study to make sure that there are no violations existing and that the electrical infrastructure can handle the load. We then move forward with the local municipalities and utility interconnection paperwork, which usually takes about two to four weeks. So starting from day one, the sale, until the time you actually break ground, it can take 4 to 5 months. The longest that I’ve ever seen is six months, but that is usually for project financing reasons. The good news is the construction is relatively quick.

CEOCFO: Was it a smooth transition for you getting into solar?
Mr. Green: We come from the construction industry, which is where I have spent the last 20 to 25 years. I made the transition into the solar energy sector after making some investments in several solar energy companies that were operating overseas in third world countries. The more I learned about the technology, the more I realized that it was construction, but using a higher technology, that is when I jumped into it to test the market. In 2004, I realized that there was something viable here and we made the transition from hard core construction, to solar energy and we officially launched in 2006.

 

CEOCFO: Do you do any new builds, or is it all retrofitting?
Mr. Green: New constructions is rare, because the entire building really has to be constructed before we show up and developers today have little interest in having solar installed, they leave it for the next buyer or tenant to invest in solar.

CEOCFO: What is the financial picture like for the company today?
Mr. Green: Business is certainly on the rise. In 2008, we came out very strong with $10 million in sales and completed $3 million of that pipeline. Unfortunately, the market collapse starting in September of 08 causing our financing to be pulled on a $6 million project in California. For 2009, let’s just call it a disaster for everyone, we were flat for the year but this year 2010 we produced just shy of $2 million in the 1st Quarter of 2010 with guidance for $15 million. Our expected project profit margins range from 12% to 15% so we are looking at 2011 extremely optimistically. The markets turning around, financing is back and we are happy to say that we are part of that.

CEOCFO: You mentioned that you do work with your clients on financing: is that an important part of what you do?
Mr. Green: If we didn’t have financing available to our clients, we wouldn’t have a business. You have to be able to model internally and that makes us unique as well, with everything from sales to engineering and the complex financial modeling, we provide one stop shopping to our customers. In New Jersey alone we know of 45 different billing rates which makes the job interesting to say the least. The type of financing we offer is called the Power Purchase Agreement, commonly known as PPA, requires no money down from the client. The client only pays for the electricity that they use, as a discounted rate of 20% to 30% off market. So if the client is paying 0.15 cents right now, they will only be paying .10 cents. Therefore, it is financially sound. However, there are people who find it hard to grasp. It is a new technology and financial tool.

CEOCFO: Do you do much investor outreach?
Mr. Green: We are involved with investor outreach and we do have an investor relations department, although it is small. We are starting to do road shows again, getting out to the markets and telling our story, because we are going to have a very nice turnaround. We are very happy to say that we are coming back even better and stronger.

CEOCFO: Final thoughts; put it all together for potential investors; why pick Clear Skies Solar out of the crowd?
Mr. Green: We feel that we are undervalued. For the financing of 2009 that we undertook in order to maintain operations we had to take a dilution hit but we didn’t have much of a choice. However, we believe we offer a tremendous opportunity to the investor that looks for affordable stock. We announced that we have several contracts coming up and of course, contracts that we have already completed. It has been a good 1st Quarter, and I stand by my guidance for 2010.


disclaimers

Any reproduction or further distribution of this article without the express written consent of CEOCFOinterviews.com is prohibited.

 


Recent CEO Interviews, Solar Power Systems, Solar Stock Quote, Solar Electricity, Environmental Technology Stock, XTRAX® technology for monitoring power production, Solar power systems for municipalities, real estate developers, schools, Wind Turbines Stock, Alternative Energy Stock, Renewable Energy Stock, Jr. Oil & Gas Stocks, Energy, Oil & Gas Producers



More headlines.....

Sauer Energy to Empower Consumers with Rooftop Wind Turbine for Homes and Small Business
(SENY -OTC: BB)


Daybreak Oil and Gas, Inc. Is Growing Their Small Exploration And Development Company Through The Drill Bit By Developing Their East Slopes Project In Kern County, California
(DBRM-OTC: BB)


With Quebec Being A Good Jurisdiction For Oil And Gas Exploration As Well As Being A Large Consumer Of Gas, Altai Resources Inc. Is In The Right Place At The Right Time With A Large Property In The Heart Of The St. Lawrence Lowlands Utica Shale Gas Play
(ATI-TSXV)


Still A Young company, Lion Energy Corp. Has Refocused On Oil And Gas Exploration In Africa, With A New Name And A Deal With The Lundin Group’s African Oil Corp. Positioning Them For Future Growth
(LEO-TSXV)


With Papua New Guinea Being Underexplored And Full Of Hydrocarbons, Eaglewood Energy Inc. Is In The Right Place At The Right Time With Their Four Exploration Licenses
(EWD-TSXV)


Using Enhanced Recovery Techniques, MegaWest Energy Corp. Is Focused On Heavy Oil Resources In Underexplored, Underexploited Areas Of North America With Potentially Billions Of Barrels Of Original Oil In Place
(MGWSF-OTC: BB)


The Ability To Acquire Shut-In Production And Apply Cost Cutting Measures To Make Them Profitable Is What Makes Western Plains Petroleum Stand Out
(WPP-TSXV)



Clear Skies Solar Inc.
Print Version

Become A Member!
JoinNow 

Access thousands of full-text Public Company CEO & CFO Interviews!

You Get - the future plans for your stock investment - Financing, Growth Strategy, Company Contact Information and more!

Stay ahead of the pack!

Become a CEOCFO Member
Now! Only $9.99

*One year subscription!*

 

   

 

Clear Skies Solar is a national solar integration company in the commercial and industrial sector. We also work for agricultural clients as well. What we do is sell, design and coordinate financing and actually manage the construction and the installation totally down to the interconnection agreements with the utilities. We also maintain the systems and we are looking for solar markets as they open up in the very near future. - Ezra J. Green

ceocfointerviews.com does not purchase or make
recommendation on stocks based on the interviews published.

Jr. Oil & Gas DBRM, Jr. Oil & Gas BEY, Jr. Oil & Gas MGWSF, Jr. Oil & Gas ATI, Jr. Oil & Gas FNR, Jr. Oil & Gas WPP, Jr. Oil & Gas XPL, Jr. Oil & Gas ATH, Oil Sands ATH, Light Sweet Crude XPL, Solar Energy CSKH, Renewable Energy CSKH, Wood Pellet VRD, Biofuels VRD, Wind Energy SENY, Clean Energy AEHI, Clean Technology SENY, Clean Technology SYMX, Hydrogen Generators DYA, Energy Tech DYA, Uranium ABE, Jr. Gold CCD, Jr. Gold AA, Jr. Gold WCX, Jr. Gold AEX, Jr. Gold ICX, Jr. Gold RCZ, Jr. Gold EXA, Jr. Gold FDN, Jr. Gold MAO, Jr. Gold EVG, Jr. Gold RYMM, Jr. Gold LAT, Paraguay Exploration LAT, Zinc SRZ, Precious Metals Extraction RYMM, Rare Earth ORE, Lithium LMR, Precious Metals AEX, Medical Device COO, Medical Device SFES, Medical Device CSDT, Drug Development APRI, Drug Development BPAX, Drug Development CTIX, Drug Development VICL, Drug Development ANX, Drug Development NBS, Drug Development LLTP, Drug Development BPTH, Vaccine Development VICL, Women's Health BPAX, Health & Wellness BTX, Health & Wellness WELL, Cancer Detection CSDT, Cancer Research CTIX, Cancer Research ANX, Regenerative Medicine PROT, Adult Stem Cell Research & Storage NBS, Stem Cell PROT, Obesity Surgery SFES, GERD Surgery SFES, Autism Research CTIX, Insurance MIG, Business Development WELL, Business Banks AMBZ, Commercial Banks ECBE, Specialty Finance FSC, Specialty Finance GFIG, Specialty Finance FNR, Brokerage Services GFIG, REIT TWO, REIT BDN, Technology SPA, Technology ANDR, Advanced Power DPW, Semiconducto LGL, Building Materials IBTGF, Fire Resistant Materials IBTGF, Business Services PRGX, Business Services CSPI, Business Services RKN, Business Services PMFI, Business Services AUXO, Business Services VSST, Business Services NSSI, Business Services GMT, Business Services ITEX, Business Services QIS