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Entech Solar Appoints Sean Rooney as Chief Operating Officer
14:05 29.01.09

FORT WORTH, Texas--(BUSINESS WIRE)--

Entech Solar (OTCBB:ENSL.OB), a leader in concentrating solar energy systems, announced today that Sean Rooney has been named Chief Operating Officer for the Company.

Mr. Rooney joined Entech Solar in February 2008 as Vice President of the Companys EPC (Engineering, Procurement, and Construction) Operations. Since then, he has implemented a new model for project management which has resulted in over five megawatts of solar projects being completed on schedule with high customer satisfaction. With the Companys shift in strategy away from flat-plate projects to the production and installation of Entechs proprietary concentrating solar systems, Mr. Rooneys role has been expanded to include all manufacturing operations as well as its EPC business. His successful turnaround of the Companys EPC installations made Mr. Rooney the ideal candidate to address the challenges facing Entechs manufacturing operations.

Although our engineering team has made progress in addressing the process and supply-chain issues discussed on the Companys third quarter earnings conference call, the factory is not yet producing product suitable for certification, stated Frank Smith, Entech Solar CEO. Sean will bring the same sense of urgency, purpose, and discipline to our manufacturing challenges that he provided to our EPC projects at Fresno, Denver, Valley Center, and Ocean City. This appointment is part of the ongoing transformation of Entech from a research and development organization to a vertically integrated, product-driven, manufacturer and installer of advanced concentrating solar systems. Once we have established our manufacturing capability and achieved certification, we will have two channels to market product sales to other integrators and management of our own EPC projects that incorporate Entech modules. Sean will have responsibility for the operations portion of our vertically integrated value chain.

Mr. Rooney added, I am very pleased to take on this critically important responsibility for the Company. Following my recent relocation from New Jersey to Texas, I am eager to provide leadership to our manufacturing operations.

The Company is also augmenting its manufacturing team with additional personnel and training. Entech Solar has retained experts and is training existing staff in Six Sigma methodology to address process and supply-chain issues in a systematic, data-driven approach, employing best-in-class practices. Both of these developments support Entech Solars dedication to commercializing its concentrating solar ThermaVolt system.

About Entech Solar

Entech Solar is a leading provider of concentrating solar energy systems. Entech designs, manufactures and installs systems that provide both electricity and thermal energy for commercial and industrial applications. Entech uses its proprietary concentrating photovoltaic and thermal (CPVT) technology to deliver the ThermaVolt system, which produces cost-competitive distributed energy. For more information, please visit www.entechsolar.com.


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aus der Diskussion: ENTECH SOLAR - Diskussionsforum
Autor (Datum des Eintrages): Netsaber  (29.01.09 15:27:26)
Beitrag: 78 von 777 (ID:36474235)
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