Billy J. Stanbery, previously CEO of HelioVolt, has joined Siva Power as president. Siva Power is aiming to develop "a solar factory for the 'gigawatt era' that will produce solar panels at unprecedented scale and the lowest production cost." Siva, with Brad Mattson at the helm and funding from DBL Investors, has assembled a "who's who" of CIGS experts to address this challenge. Martin Roscheisen and Chris Gronet are still available, according to their LinkedIn profiles.
The Southern California operations of Verengo Solar (Northeast operations of Verengo were acquired by NRG) named Anders Dahl as CEO. Dahl most recently served as the president of U.S. Tech Support and Own Your Own Direct subsidiaries of Guthy-Renker, a direct marketing firm. According to the LA Business Journal, "Co-founders Randy Bishop and Ken Button -- chief executive and president, respectively -- are leaving the company to pursue other ventures." Verengo had sales of $116 million in 2013.
Coronal Group, a solar project financier and operator, announced that Jonathan Jaffrey will step into the role of chairman and CEO and that Edwin Feo will assume the position of president. In addition, the company added two executives, Joseph Teltser, deputy general counsel, and Dan Barahona, controller. Teltser joins Coronal after nearly a decade with Milbank, Tweed, Hadley & McCloy in its global corporate group. Prior to Coronal, Barahona worked as the controller for Storage Mobility. In February, Coronal Group acquired utility-scale solar project developer HelioSage Energy, adding a 320-megawatt (AC) contracted pipeline of projects to the Coronal stable.
Alex Fraenkel, project director at NextEra's energy storage group, is now a board member at New York Battery and Energy Storage Technology Consortium (NY-BEST).
Aloke Gupta, one of the CPUC architects of the regulatory construct behind California's 1.3-gigawatt energy storage mandate, is now senior director of policy and market development at flow battery vendor Imergy Power Systems.
NuScale Power, a firm aiming to commercialize small modular nuclear reactors, named John Eustermann as general counsel and Carl Britsch as VP of human resources. Eustermann was SVP and general counsel at Harvest Power. Britsch has worked in HR in the automotive, logistics, oilfield services and energy markets. Fluor, a global EPC firm with a 60-year history in commercial nuclear power, is the majority investor in NuScale.
Dina Cappiello, former national environmental reporter for the AP, joins PR agency Edelman’s energy practice as VP. David Roznowski, most recently senior director in the corporate and financial practice of Burson-Marsteller, joins Edelman Houston as a senior VP, serving on the energy sector team and heading oil and gas, clean technology, chemicals and utilities activities for Edelman South.
Last week, Sunrun named Bob Komin as its new CFO. Previously, Komin served as CFO of Flurry, a mobile application analytics and advertising firm acquired by Yahoo in 2014. According to The Wall Street Journal, residential solar installer Sunrun is going public later this year. Sunrun has collected $300 million from venture firms including Accel Partners, Foundation Capital, Madrone Capital Partners and Sequoia Capital, valuing the firm at $1.3 billion.
SolarCity, the leading PV installer/financier, promoted Shaun Chapman to VP of policy and electricity markets, and named Marco Krapels as senior VP of structured finance and strategy. Previously, Krapels was a partner at Pegasus Capital Advisors.