Sky Solar sacks CFO

Facebook
Twitter
LinkedIn
Reddit
Email
The company has also failed to issue its third quarter 2018 financial report. Image: Sky Solar

PV project developer Sky Solar Holdings has terminated the employment of its chief financial officer (CFO), Sanjay Shrestha with immediate effect, without further details.
 
Sky Solar has appointed another executive, Julie Zhu as the acting CFO.

Shrestha had only been appointed CFO in August, 2018, succeeding Andrew Wang, whom left the company to pursue other opportunities, after serving in the position for seven years. Shrestha had been Sky Solar’s chief investment officer (CIO). 

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Around the same time as Wang departed, Sky Solar was warned by NASDAQ that the company did not meet its US$1.0 price criteria for continued listing on the stock market. The share remain below that criteria. 

The company has also failed to issue its third quarter 2018 financial report. 

Read Next

May 21, 2026
Indian renewable energy company SAEL has commissioned 600MW of solar project in Amaravati, Andhra Pradesh. 
May 21, 2026
Europe has avoided €10 billion in gas imports since the start of the Iran war thanks to power generated from its solar PV fleet, according to research from SolarPower Europe.
May 20, 2026
Canadian energy firm Enbridge will develop a 365MW/1,600MWh solar-plus-storage project in Wyoming, US, as part of an ongoing partnership with tech and data giant Meta.
May 20, 2026
GameChange Solar has partnered with First Solar to support the deployment of domestically manufactured thin-film solar modules in India. 
May 20, 2026
The US$300 million North Star platform will target investments across solar, wind, hybrid and energy storage projects. 
May 19, 2026
Michigan power utility DTE Energy has issued a tender for 1GW of new solar PV and wind power projects across the state.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 2, 2026
Johannesburg, South Africa
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA