Sky Solar sacks CFO

January 29, 2019
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

April 7, 2026
Sangam Solar One, a subsidiary of Indian solar PV manufacturer Waaree Energies, has commissioned a 3GW PV module manufacturing facility in Samakhiali, Kutch, Gujarat.
April 7, 2026
US independent power producer (IPP) Geronimo Power has begun operations at a 117MW solar PV project in Ohio.
April 7, 2026
According to Ember, solar-plus-storage could supply up to 90% of India’s electricity demand at a levelised cost of electricity (LCOE) of INR5.06/kWh (US$56/MWh).
April 7, 2026
The Texas Attorney General has launched an investigation into four residential solar installers over alleged “fraudulent and deceptive practices”.
April 2, 2026
LONGi has launched its solar-plus-storage strategy, LONGi One, marking a shift from traditional multi-vendor system architectures to a fully integrated design approach.
April 2, 2026
French oil and gas major TotalEnergies has signed a US$2.2 billion joint venture (JV) with the Emirati state-run renewable energy developer Masdar to jointly develop renewables across Asia.

Upcoming Events

Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland