Michael Whalen Joins SolarReserve as Chief Financial Officer
SolarReserve, the Los Angeles-based solar thermal company that is commercializing an innovative heat capture and storage technology providing utility-scale solar power on demand, today announced that Michael Whalen has been appointed to serve as Chief Financial Officer.
“Michael’s wide-ranging track record of raising capital for projects in the global energy sector, particularly those with world-class scale and technology, makes him the perfect fit for our company,” said Terry Murphy, President and Chief Executive Officer of SolarReserve. “I am very pleased to have added someone with his deep experience and capabilities to our executive team.”
Whalen earned an MBA and a Bachelor of Arts from the University of Texas at Austin.
SolarReserve technology uses large area heliostat farms to concentrate sunlight to create molten salt. This enables them to capture and store heat for use at any time in a 24 hour period to power a steam turbine to produce electricity.