Question-and-Answer Session
Operator
Thank you. (Operator instructions) Our first question will come from the line of Alan Robinson with RBC.
Alan Robinson – RBC Dain Rauscher
Good morning and congratulations.
Dan Batrack
Okay, thank you.
Alan Robinson – RBC Dain Rauscher
You talked in the prepared comments about alternative energy. We know all about wind. Can you talk a little bit in more detail about some of the opportunities you see in terms of solar, geothermal and the transmission line business that you were talking about, and perhaps an idea about the kind of revenue run rate that you can expect over the next couple of years from these businesses?
Dan Batrack
Well, the work that Tetra Tech is providing in solar, geothermal and transmission are all very similar, they are sighting. The work we are doing are upfront sighting, that would be for in the case of solar, sighting the locations with respect to permitting, environmental impact reports, endangered species, geotechnical work with respect to investigations for soil stability and in fact you can imagine for all of these it’s a similar requirement.
We are not in hardware, and in the wind work, I commented before, and I’ll use it as a – to draw a parallel. The work we are doing for wind is everything other than the turbines and the towers, they are being acquired by the owners of the developers. In the case of the solar, it’s the panels and the generation hardware are also being acquired by the owners or developers and what we would is the sighting of where it locates and the engineering work, the consulting, the permitting, the oversight and so that’s what we would do.
For our solar geothermal, it’s the same. And really the most exciting and perhaps the largest portion for us is the transmission. The one item that is common to all of these, power generation alternatives and then quickly moving from alternatives to mainstays, but these different sources of energy generation or how do you get into the grid. A big aspect of what we are doing with respect to even the early portions of each of these energy production alternatives are how do you situate it so that you minimize the transmission into the grid, and once that has been selected, how do you then identify the rooting, the clearance, the right of ways, the investigations, environmentally, geotechnically from an engineering aspect, and those are all of the types of projects and services that we are providing.
- To read the full transcript on Seeking Alpha, click here »
