Borrego Solar Systems has appointed Bill Bush as Chief Financial Officer (CFO). Previously, Bush served as the CFO of Solar Semiconductor. He will work to further develop the relationship between Borrego Solar and investor Walsin Lihwa, and work with Borrego’s commercial and public-sector customers on solar system financing. Walsin Lihwa recently formed a US$30 million Power-Purchase Agreement Fund (PPA), organized as Green Lake Capital LLC.
Solyndra has tapped former First Solar executive John Gaffney as its new senior VP of corporate development and general counsel. He will lead the CIGS thin-film PV company's legal and corporate development activities and will report to CEO Chris Gronet.
Soliant Energy has brought Marco DeMiroz back on board as its chief operating officer and chief financial officer. DeMiroz, who served as the concentrator photovoltaics company's interim CEO last year, will report to chairman/CEO Terry Bailey.
The UK feed-in tariff rates have now been finalized, offering its residents a financial incentive for producing renewable energy. The government has confirmed the proposed rate, which will begin to take effect from April 1, 2010.
Jim Pape has joined SunPower as president of the residential and commercial business group. The company has also established a business group profit and loss (P&L) organizational structure to align its sales, engineering, construction, and customer service teams. Howard Wenger will now serve as president of the utilities and power plants business group.
JA Solar Holdings has appointed Dr. Peng Fang as chief executive officer, effective immediately. Fang will work alongside Baofang Jin who will remain in his role as executive chairman.
General Plasma (GPI) has appointed Dr. Troy Shangguan as its chief technology officer (CTO). Shangguan comes to GPI from Applied Materials, where he worked at the director of advanced technology.
After a fair amount of digging and the much needed help of our German correspondent we can now confirm that the reports of a 16-17% cut in feed-in tariff rate for Germany were true, and the cuts are to go ahead from April 1, 2010. Click here to see the analyst's thoughts on these cuts.
