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Despatch Industries has finished 2010 with total sales figures of US$200 million – the best year-end results in the company’s 108-year history. Despatch’s Solar Business Group was responsible for the lion’s share of this number after capitalising on the increasing demand for cell-processing equipment in Asia.
"We had an exceptional year with all key areas of our business growing significantly. This record performance was highlighted by the rapid growth of the China solar market," said Despatch’s CEO, Patrick Peyton. "We have aggressively increased our internal capacity to meet customer demand and we are expanding our local and international employee base in order to capitalize on future opportunities."
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As some folks point out, it is not sunny all the time. So you’ll need to store some of the solar energy you generate during those sunny days. There are two ways to do this. First, you can install battery banks in your basement. You’ll need to buy a lot of batteries, so that if you get several days of overcast weather, you still have electricity. You get to be completely separate from the electric utility, but you need to purchase and maintain and periodically replace a whole bunch of batteries. Second, in some places, you can effectively “spin the meter backwards.” While this doesn’t actually store the electricity, the electric company will, in some places, credit you for any extra electricity that you produce, allowing you to use it at night and during cloudy days. You’ll not need to mess with the batteries, but you’ll still be connected to the utility.