based on my experience : my judgment of this article is '' very good '' !
SOLAR PANELS in EUROPE or better in ITALY : SHARP production line was a '' prototype'' after a small lab experience in JAPAN !
START-UP DIFFICULT due to languages involved ; due to equipments made in house and not from market ; parts to replace with no idea about '' transportation-problems '' etc...!
NO '' mini -line '' !
ENEL NEW ENTRY : big investment , a lot of capital for parallel construction of K SOLAR-PANELS X MONTHS !
AFTER this same REPETITIVE mistake done in case of SOLAR-P.
NO '' mini -line '' !
GIGAFATORIES in EUROPE or better in FRANCE :
START-UP based on ideas of K-WAFERS X DAY ; NO COORDINATION on DEPARTEMENT-REGIONAL; RESEACH CENTER focused on automations instead of '' process tech ownership ;
PLACE WHERE TO construct as a '' recovery of failed previous situations '' etc...
''mini-line '' approach NOT CONSIDERED !
BATTERIES GIGAFAB ; .........................
CEO -EXPERTISE ?
CONTRACT MISTAKE PROBABLE USING '' BIDDINGS APPROACH '' instead of RESPONSABILITY OF PROJECTS-MNGRS , but surely perfect from a '' burn-procedures '' done by FINANCIAL-RULES............
THATS ENOUGH, '' impossible to transfer best -practices '' much easier to repeat -mistakes !
The issue, as I see it, is that they raised enough money to build a factory and keep it running for 2-3 years. But once the factory underperformed and yields stayed too low, the cash burn became too high. They quickly ran out of money. In the end, poor execution caught up with them
I don't disagree. But either they should have anticipated the need for more cash for a longer runway, or they built the factory before they were really ready with the know-how to produce a commercial yield.
Proverbs 24:27, although addressing an agrarian lifestyle, comes to mind: "Prepare your work outside and make it ready for yourself in the field; afterwards build your house."
based on my experience : my judgment of this article is '' very good '' !
SOLAR PANELS in EUROPE or better in ITALY : SHARP production line was a '' prototype'' after a small lab experience in JAPAN !
START-UP DIFFICULT due to languages involved ; due to equipments made in house and not from market ; parts to replace with no idea about '' transportation-problems '' etc...!
NO '' mini -line '' !
ENEL NEW ENTRY : big investment , a lot of capital for parallel construction of K SOLAR-PANELS X MONTHS !
AFTER this same REPETITIVE mistake done in case of SOLAR-P.
NO '' mini -line '' !
GIGAFATORIES in EUROPE or better in FRANCE :
START-UP based on ideas of K-WAFERS X DAY ; NO COORDINATION on DEPARTEMENT-REGIONAL; RESEACH CENTER focused on automations instead of '' process tech ownership ;
PLACE WHERE TO construct as a '' recovery of failed previous situations '' etc...
''mini-line '' approach NOT CONSIDERED !
BATTERIES GIGAFAB ; .........................
CEO -EXPERTISE ?
CONTRACT MISTAKE PROBABLE USING '' BIDDINGS APPROACH '' instead of RESPONSABILITY OF PROJECTS-MNGRS , but surely perfect from a '' burn-procedures '' done by FINANCIAL-RULES............
THATS ENOUGH, '' impossible to transfer best -practices '' much easier to repeat -mistakes !
good luck to Europe ! N ciao, ciao,,,,,,
Thanks for the details. What you're describing in such detail illustrates a basic principle:
Most startups fail for lack of sufficient capital.
The issue, as I see it, is that they raised enough money to build a factory and keep it running for 2-3 years. But once the factory underperformed and yields stayed too low, the cash burn became too high. They quickly ran out of money. In the end, poor execution caught up with them
I don't disagree. But either they should have anticipated the need for more cash for a longer runway, or they built the factory before they were really ready with the know-how to produce a commercial yield.
Proverbs 24:27, although addressing an agrarian lifestyle, comes to mind: "Prepare your work outside and make it ready for yourself in the field; afterwards build your house."