Solar technology has come a long way in the past decade. Once written offas too “exotic” and “risky,” in recent years, solar energy has solidified itself as a legitimate alternative to fossil fuels and nuclear power due to advancements in technology and large-scale cost reductions. While a handful of progressive states have mandates outlining new solar constructionfor environmental reasons, former Canadian Solar CFO Michael Potter points to Texas as a state that is embracing solar power simply because it makeseconomic sense. Potter sits down with GLG to discuss solar power, solar storage technology, and the cost-benefits of renewable energy.
Michael Potter was CFO of Canadian Solar from 2011 to 2016 in addition to serving as Director of its Board of Directors from 2007 to 2013. Canadian Solar is one of the world’s largest solar module producers. Potter currently consults for Amber Kinetics, where he also serves as the company’s interim CFO. Previously, he was Corporate Vice President and CFO of Lattice Semiconductor. Prior to that, Potter served as SVP and CFO at Neophotonics, an optical components manufacturer, StatsChippacPAC, a Singapore-based test, assembly, and packaging services company, and held various executive positions at Honeywell.