1. Contact Name: Scott Redd
2. Contact Title: Solar Project Development
3. Method of Contact (i.e. phone number and/or email address):
An email at sreed@sunedison.com then a follow up interview at (443) 909-7200
4. Company: Sun Edison LLC
5. Three bullet points with your takeaways from the informational interview:
· Mr.Redd talked a lot about how renewable energy is not really taking a hold in the United States as quickly as he predicated, due to the high costs in research and the immediate needs for energy in everyday life. That’s why the majority of people continue to use “old” energy forms. When the technologies that encompass “new” energy forms becomes cheaper to produce and easier to use he feels that people will slowly transfer over.
· Mr.Redd also stated the solar energy is one of the most cost effective ways of generating renewable energy. Generally a person will have an initial investment for the solar panels and installation then be able to generate stable amounts of energy depending on how many and where the panels are located.
· As far as investment goes, Scott believes that the time to invest in renewable energy is now while new companies are entering the industry with innovative ideas there stock prices remain relatively low, and people will begin to look towards these companies as a means to lower dependence on overpriced foreign oil. Although, he recognizes that oil and coal continue to be the main sources of generating energy a slow shift to renewable energy is and has been taking place. A total shift he said may take years or decades depending on technology and effectiveness but eventually it will happen, and Sun Edison will be a the forefront of this change.
-Jaisukh Samaha
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