Richard Erskine, partner and CEO of Energy Capital Management, resigned as a director on the Ascent Solar board, a position he has held at the CIGS thin-film company since March 2008.
Farhad Moghadam, president and CEO, said “Richard has been an excellent board member for Ascent Solar, he has contributed valuable time, wisdom and passion that has helped Ascent Solar achieve its current progress and milestones. Richard originally joined the Ascent Solar Board while employed at Norsk Hydro.”
He added, “Unfortunately since leaving Hydro and joining Energy Capital Management Richard’s significant responsibilities as CEO of Energy Capital Management necessitate this change. We wish Richard continued success as an active participant in the renewable energy field, and thank him for his dedication to serving Ascent Solar.”