[RE-wrenches] Outback

2024-05-21 Thread Jay via RE-wrenches 

I was talking to signature solar today. 
Signature solar and EG4 are sister companies. I don’t have info if one owns the 
other or if they are equal partners?

They did admit they bought OB. But didn’t know if signature or EG4 bought them. 

Jay
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Re: [RE-wrenches] Optics

2024-05-21 Thread Dave Angelini Offgrid Solar via RE-wrenches 

 by vincjwan [14] » Mon May 20, 2024 10:49 pm

it's back online but without Graph and historic data

Dave Angelini Offgrid Solar
"we go where powerlines don't"
   [5]https://offgridsolar1.com/ [6]  [5]
e-mail  offgridso...@sti.net
text 209 813 0060

On 2024-05-21 7:32 am, Todd Cory via RE-wrenches wrote:


"OPTICS RE Back Online [1]

* Report [2]
* Quote [3]

Post [1] by Marshall Neipert [4] » 20 May 2024 20:32

Enersys has fixed the issue and Optics RE is back online."

Except it is not for me.

Todd

On Tuesday, May 21, 2024 7:22am, "Dave Angelini Offgrid Solar via 
RE-wrenches"  said:


Anyone who fixes Outback's inability to run closed loop would be great.

I think I have seen Outback claim it was coming soon for 5 years now. 
Hopefully they can get Optics

up soon for my 3 clients.

Dave Angelini Offgrid Solar "we go where powerlines don't" 
[5]https://offgridsolar1.com/ [6] [5] e-mail offgridso...@sti.net text 
209 813 0060


On 2024-05-20 5:41 pm, Jay via RE-wrenches wrote:

I don't know who's bigger or has more money.

EG4 is a manufacturer

Signature is a distributor

Both are in the same town

Some one on this site said EG4 said they bought OB.

EG 4 makes more sense as they would have lots of Chinese manufacturing 
contacts. If OB is coming out with new products, I'd expect they are 
coming out of China.
I could easily see them partnering with any of the large Chinese 
companies.


I guess we will know soon.

Jay

On May 20, 2024, at 6:16 PM, Steve Higgins via RE-wrenches 
 wrote:


At Intersolar (January) San Diego, I heard Bigbatterybox.com purchased 
Outback. Since then, I've heard it may be Signature Solar. I am unsure 
who purchased them, but with them being so close to Signature Solar, 
that makes sense. I'm not sure who purchased them, but they have been 
asleep at the wheel since then. They can't sell any product in Canada 
because they have let their CSA certificates lapse.


[7]
Steve Higgins ⋅ Technical Services Manager
t +1.902.597.4020  m +1.206.790.5840
f +1.902.597.8447  e st...@surrette.com
[8] [9] [10] [11]

-

CONFIDENTIALITY: The information transmitted herein is intended only 
for the addressee and may contain confidential, proprietary and/or 
privileged material. Any unauthorized review, distribution or other use 
of or the taking of any action in reliance upon this information is 
prohibited. If you receive this email in error, please contact the 
sender and delete or destroy this message and all copies.

-

On Mon, May 20, 2024 at 4:45 PM Jerry Shafer via RE-wrenches 
 wrote:
So here is the scoop, I got it that outback is moving to Dallas and 
will still be a premium product, and yes the optics shut down had 
something to do with the sale. Everyone hold on as they say they have 
new products at SPI this fall. Keep your fingers crossed and let's all 
wait patiently.

Fun times

On Sun, May 19, 2024, 10:53 AM Lou Russo via RE-wrenches 
 wrote:
I started poking through EnerSys's (The most recent owner of Outback) 
SEC filings in hopes to find who the new buyer is. I found nothing 
related to the sale but found this in their most recent quarterly 
report :


On November 8, 2023, the Company's Board of Directors approved a plan 
to stop production and operations of residential renewable energy 
products, which include our OutBack and Mojave brands. Management 
determined that residential renewable energy products no longer fit 
with the company's core strategy and resources will be better allocated 
toward commercial energy solutions for enterprise customers. The 
Company currently estimates that the total charges for these actions 
will amount to $23.5 million relating primarily to $22.6 million in 
non-cash charges primarily including inventory and an indefinite-lived 
intangible asset write-offs and $0.9 million in cash charges including 
employee severance and retention payments. The plan is expected to be 
completed in fiscal 2024. During the nine months of fiscal 2024, the 
Company recorded non-cash charges totaling $6.6 million primarily 
related to indefinite-lived intangible asset write-off and cash charges 
of $0.4 million related to severance costs. The Company also recorded a 
non-cash write off relating to inventories of $16.1 million, which was 
reported in cost of goods sold.


To say I am curious about what is going on is an understatement.

Aloha,

Lou Russo
Owner
l...@spreesolarsystems.com
808 345 6762
Spree Solar Systems LLC
CT-34322

On Sun, May 19, 2024 at 2:21 AM Jay via RE-wrenches 
 wrote:


I agree with you William

While there could be all sorts of valid reasons for the downtime.

What's not acceptable is the lack of communication and notification 
that it was going to happen or had happened.


If they do have new owners they are not starting well.

Jay

On May 18, 2024, at 9:42 PM, William Miller via RE-wrenches 
 wrote:


Friends:

I am sure you are all acutely aware, but this is not a trivial matter.

Re: [RE-wrenches] Optics

2024-05-21 Thread Todd Cory via RE-wrenches 
 

"OPTICS RE Back Online

Report
Quote

Post by Marshall Neipert » 20 May 2024 20:32
Enersys has fixed the issue and Optics RE is back online."
Except it is not for me.ToddOn Tuesday, May 21, 2024 7:22am, "Dave Angelini Offgrid Solar via RE-wrenches"  said:


Anyone who fixes Outback's inability to run closed loop would be great.I think I have seen Outback claim it was coming soon for 5 years now. Hopefully they can get Optics up soon for my 3 clients.
Dave Angelini Offgrid Solar
"we go where powerlines don't"
  https://offgridsolar1.com/ 
e-mail  offgridso...@sti.net
text 209 813 0060

 
On 2024-05-20 5:41 pm, Jay via RE-wrenches wrote:



 
I don't know who's bigger or has more money. 
 
EG4 is a manufacturer 
 
Signature is a distributor 
 
Both are in the same town 
 
Some one on this site said EG4 said they bought OB. 
 
EG 4 makes more sense as they would have lots of Chinese manufacturing contacts. If OB is coming out with new products, I'd expect they are coming out of China. 
I could easily see them partnering with any of the large Chinese companies. 
 
I guess we will know soon. 
 
Jay
 
 
 
 

On May 20, 2024, at 6:16 PM, Steve Higgins via RE-wrenches  wrote:



At Intersolar (January) San Diego, I heard Bigbatterybox.com purchased Outback. Since then, I've heard it may be Signature Solar. I am unsure who purchased them, but with them being so close to Signature Solar, that makes sense. I'm not sure who purchased them, but they have been asleep at the wheel since then. They can't sell any product in Canada because they have let their CSA certificates lapse. 
 




Steve Higgins ⋅ Technical Services Manager
 t +1.902.597.4020  m +1.206.790.5840
f +1.902.597.8447  e st...@surrette.com





CONFIDENTIALITY: The information transmitted herein is intended only for the addressee and may contain confidential, proprietary and/or privileged material. Any unauthorized review, distribution or other use of or the taking of any action in reliance upon this information is prohibited. If you receive this email in error, please contact the sender and delete or destroy this message and all copies.











On Mon, May 20, 2024 at 4:45 PM Jerry Shafer via RE-wrenches  wrote:

So here is the scoop, I got it that outback is moving to Dallas and will still be a premium product, and yes the optics shut down had something to do with the sale. Everyone hold on as they say they have new products at SPI this fall. Keep your fingers crossed and let's all wait patiently.
Fun times 



On Sun, May 19, 2024, 10:53 AM Lou Russo via RE-wrenches  wrote:

I started poking through EnerSys's (The most recent owner of Outback) SEC filings in hopes to find who the new buyer is. I found nothing related to the sale but found this in their most recent quarterly report :
 
On November 8, 2023, the Company's Board of Directors approved a plan to stop production and operations of residential renewable energy products, which include our OutBack and Mojave brands. Management determined that residential renewable energy products no longer fit with the company's core strategy and resources will be better allocated toward commercial energy solutions for enterprise customers. The Company currently estimates that the total charges for these actions will amount to $23.5 million relating primarily to $22.6 million in non-cash charges primarily including inventory and an indefinite-lived intangible asset write-offs and $0.9 million in cash charges including employee severance and retention payments. The plan is expected to be completed in fiscal 2024. During the nine months of fiscal 2024, the Company recorded non-cash charges totaling $6.6 million primarily related to indefinite-lived intangible asset write-off and cash charges of $0.4 million related to severance costs. The Company also recorded a non-cash write off relating to inventories of $16.1 million, which was reported in cost of goods sold.





 
To say I am curious about what is going on is an understatement. 
 
Aloha,
 
Lou Russo 
Owner
l...@spreesolarsystems.com
808 345 6762
Spree Solar Systems LLC 
CT-34322
 






 




On Sun, May 19, 2024 at 2:21 AM Jay via RE-wrenches  wrote:


 
I agree with you William
 
While there could be all sorts of valid reasons for the downtime. 
 
What's not acceptable is the lack of communication and notification that it was going to happen or had happened.  
 
If they do have new owners they are not starting well. 
 
Jay
 
 

On May 18, 2024, at 9:42 PM, William Miller via RE-wrenches  wrote:




Friends:
 
I am sure you are all acutely aware, but this is not a trivial matter.  We depend on Optics for alerts and trouble shooting.  We rely on Optics for the history it records to analyze trends and evaluate production and consumption. I doubt the data lost will back-fill.  I sell Outback based in great part on th

Re: [RE-wrenches] Optics

2024-05-21 Thread Dave Angelini Offgrid Solar via RE-wrenches 

Anyone who fixes Outback's inability to run closed loop would be great.

I think I have seen Outback claim it was coming soon for 5 years now. 
Hopefully they can get Optics

up soon for my 3 clients.

Dave Angelini Offgrid Solar
"we go where powerlines don't"
   [8]https://offgridsolar1.com/ [9]  [8]
e-mail  offgridso...@sti.net
text 209 813 0060

On 2024-05-20 5:41 pm, Jay via RE-wrenches wrote:


I don't know who's bigger or has more money.

EG4 is a manufacturer

Signature is a distributor

Both are in the same town

Some one on this site said EG4 said they bought OB.

EG 4 makes more sense as they would have lots of Chinese manufacturing 
contacts. If OB is coming out with new products, I'd expect they are 
coming out of China.
I could easily see them partnering with any of the large Chinese 
companies.


I guess we will know soon.

Jay

On May 20, 2024, at 6:16 PM, Steve Higgins via RE-wrenches 
 wrote:


At Intersolar (January) San Diego, I heard Bigbatterybox.com purchased 
Outback. Since then, I've heard it may be Signature Solar. I am unsure 
who purchased them, but with them being so close to Signature Solar, 
that makes sense. I'm not sure who purchased them, but they have been 
asleep at the wheel since then. They can't sell any product in Canada 
because they have let their CSA certificates lapse.


[1]
Steve Higgins ⋅ Technical Services Manager
t +1.902.597.4020  m +1.206.790.5840
f +1.902.597.8447  e st...@surrette.com
[2] [3] [4] [5]

-

CONFIDENTIALITY: The information transmitted herein is intended only 
for the addressee and may contain confidential, proprietary and/or 
privileged material. Any unauthorized review, distribution or other use 
of or the taking of any action in reliance upon this information is 
prohibited. If you receive this email in error, please contact the 
sender and delete or destroy this message and all copies.

-

On Mon, May 20, 2024 at 4:45 PM Jerry Shafer via RE-wrenches 
 wrote:
So here is the scoop, I got it that outback is moving to Dallas and 
will still be a premium product, and yes the optics shut down had 
something to do with the sale. Everyone hold on as they say they have 
new products at SPI this fall. Keep your fingers crossed and let's all 
wait patiently.

Fun times

On Sun, May 19, 2024, 10:53 AM Lou Russo via RE-wrenches 
 wrote:
I started poking through EnerSys's (The most recent owner of Outback) 
SEC filings in hopes to find who the new buyer is. I found nothing 
related to the sale but found this in their most recent quarterly 
report :


On November 8, 2023, the Company's Board of Directors approved a plan 
to stop production and operations of residential renewable energy 
products, which include our OutBack and Mojave brands. Management 
determined that residential renewable energy products no longer fit 
with the company's core strategy and resources will be better allocated 
toward commercial energy solutions for enterprise customers. The 
Company currently estimates that the total charges for these actions 
will amount to $23.5 million relating primarily to $22.6 million in 
non-cash charges primarily including inventory and an indefinite-lived 
intangible asset write-offs and $0.9 million in cash charges including 
employee severance and retention payments. The plan is expected to be 
completed in fiscal 2024. During the nine months of fiscal 2024, the 
Company recorded non-cash charges totaling $6.6 million primarily 
related to indefinite-lived intangible asset write-off and cash charges 
of $0.4 million related to severance costs. The Company also recorded a 
non-cash write off relating to inventories of $16.1 million, which was 
reported in cost of goods sold.


To say I am curious about what is going on is an understatement.

Aloha,

Lou Russo
Owner
l...@spreesolarsystems.com
808 345 6762
Spree Solar Systems LLC
CT-34322

On Sun, May 19, 2024 at 2:21 AM Jay via RE-wrenches 
 wrote:


I agree with you William

While there could be all sorts of valid reasons for the downtime.

What's not acceptable is the lack of communication and notification 
that it was going to happen or had happened.


If they do have new owners they are not starting well.

Jay

On May 18, 2024, at 9:42 PM, William Miller via RE-wrenches 
 wrote:


Friends:

I am sure you are all acutely aware, but this is not a trivial matter.  
We depend on Optics for alerts and trouble shooting.  We rely on Optics 
for the history it records to analyze trends and evaluate production 
and consumption. I doubt the data lost will back-fill.  I sell Outback 
based in great part on the Optics interface.  For this system to be 
down for days at a time is not a good sign at all.


I will be lighting up the phone lines on Monday to find out what 
happened and to emphasize this cannot become a pattern.


William

Miller Solar

17395 Oak Road, Atascadero, CA 93422

805-438-5600

www.millersolar.com [6]

CA Lic. 773985

From: RE-wrenches