Canada-based concentrated photovoltaics (CPV) start-up Morgan Solar has recruited a former executive at electronics manufacturing services company, Celestica as its new CEO.
Former president of Diversified Markets at Celestica, Mike Andrade is taking over from Asif Ansari, who was said to become the executive advisor to the board & management to focus on strategic business development.
“As we launch the Sun Simba 4 solar panel, increase our sales activities and ramp up production capacity, I can think of no one better to lead Morgan Solar,” said John Paul Morgan, founder and Chief Technology Officer. “Mike has deep experience in competitive global markets, including solar. He has a proven track record of leading growth oriented transformations, which is very much where we are with Morgan Solar”. Andrade has 30 years of experience in the technology industry, most recently as President of Diversified Markets at Celestica.
“I have seen first-hand the challenge of balancing the high costs and capital required to increase solar efficiency with the dramatically decreasing market pricing,” said Andrade. “Morgan Solar has among the best potential to offer both low production cost and high conversion efficiency. It also has the added bonus of a unique and aesthetically pleasing design that could open up new applications for solar technology.