Marco DeMiroz rejoins CPV company Soliant Energy as COO/CFO

February 2, 2010
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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.

DeMiroz will have responsibility for finance, company administration, government and industry initiatives, and other operations including new factories that the Monrovia, CA-based company might need as it moves into an expanded manufacturing phase. DeMiroz will also assist Bailey with various strategic initiatives.

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“We are thrilled to have Marco join Soliant in this new permanent and full-time role that is essential to our future growth and success,” said Bailey. “Marco previously served Soliant as interim CEO and special advisor to the company and, as I’ve gotten to know Marco over the past few months, I’ve found his proven background in finance, operations, and management to be of immense value to Soliant as we continue to raise capital, ramp up our manufacturing, and take advantage of growth opportunities.”

“As interim CEO I was able to evaluate the Soliant technology and market opportunity from the inside out,” said DeMiroz. “The opportunity to work with Terry and help bring high-efficiency, concentrated solar to commercial rooftops around the world proved irresistible to me.”

DeMiroz has more than 20 years of experience in global investments and in executive roles with leading technology companies. Through his career, he has helped create close to $1 billion in shareholder value and as an executive has raised close to $200 million in private and public financing from global institutions.

Prior to Soliant, DeMiroz was on the investment staff at Trinity Ventures, focusing on solar, energy storage, energy efficiency and smart grid sectors. Earlier, he was a managing director at Selby Ventures and led its investments in a number of technology companies.

DeMiroz holds a number of degrees, including an MBA from Carnegie Mellon University, a postgraduate engineering degree in aeronautics/astronautics from Stanford University, an MS in mechanical engineering from San Jose State, and a BS in mechanical engineering from the U.S. Naval Postgraduate School.

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