Morgan Solar has recruited a new member to its executive team in the form of Asif Ansari, the former CEO of eSolar. Ansari will be Morgan’s new chief executive officer and focus on bringing Morgan’s Sun Simba concentrating solar panel to full commercial potential. Ansari is credited with founding several companies and leading the development and commercializing of over 20 technical products in the cleantech and aerospace markets. Aside from the promotion of the Sun Simba, Ansari is also developing a Series-B funding round for Morgan Solar.
“Morgan Solar has done something I wasn’t sure was possible – they have cracked the code for CPV optics, substantially lowering its costs to where it can now deliver a value proposition significantly better than PV,” said Ansari. “Morgan was able to see the problem in a whole new way, starting with inventing a new optical concentrator to replace conventional Fresnel lens architectures. The potential of this technology is massive.”
