Markets & Finance

March 16, 2009
According to market research firm Gartner, the PV industry has hit a wall in 2009, due to the credit crisis, ‘jittery customers’ and currency fluctuations. The net effect will be a revenue decline of 1% for the year. Revenue from the PV market was reported to be US$16 billion in 2008.
March 13, 2009
Joining the Apollo Solar Energy Board are two new Independent Directors, Elliot M. Maza and James M. Lee, who between them bring a wealth of executive management experience to the company. Mr. Maza also assumes the role of chairman of the Company's Audit Committee.
March 13, 2009
Entech Solar, a leader in concentrating solar energy systems, reported that Chief Technology Officer Mark J. O’Neill will serve on its Board of Directors.  He was responsible for the co-founding of ENTECH, Inc. in 1983 with Robert Walters, the current VP of Marketing. 
March 12, 2009
Applied Materials has appointed Robert H. Swan to its board of directors. He will  also serve as a member of the audit committee of the board. Swan has been senior vice president of finance and CFO at eBay since March 2006.   
March 11, 2009
Energy Conversion Devices, Inc. (ECD), a global manufacturer of thin-film flexible solar laminate products for the building integrated and commercial rooftop markets, announced Ken Fox will become the new Chief Marketing Officer beginning April 1, 2009.  
March 9, 2009
The Solar Technology Acceleration Center (SolarTAC), currently under construction in Aurora, Colorado, has named Dustin T. Smith as the Executive Director of the solar test and demonstration centre. The centre, which was launched in October 2008 by management and operating contractor Midwest Research Institute (MRI), represents a group of six public and private sector individuals and companies whose aim it is to advance the commercialization of solar technology.
March 9, 2009
Sunrise Solar, a company in the early stages of operation, has announced its plan to enter its next growth phase following its securing of projects in South America, Brazil and Africa. The company is seeking to expand its U.S. management team and is currently interviewing candidates for the vacant positions.
March 6, 2009
The solar product manufacturing company, Energy Innovations has announced that Joseph Budano will serve as the new CEO while also having a spot on the Board of Directors.  He brings over 25 years experience in corporate leadership.  
March 5, 2009
JA Solar Holdings Co., Ltd., a top manufacturer of high-performance solar cells based in Shanghai, has announced it is searching for a new board member after Dr. Robert J. Yang resigned on March 2, 2009.  It hopes to announce his replacement as soon as possible.   
March 4, 2009
On Thursday, March 4, E. James Prendergast has been appointed the new Executive Director of IEEE.  IEEE, the world’s largest technical professional society, is commemorating its 125th anniversary this year.   

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