FREMONT, CA--(Marketwire - August 10, 2010) - GreenVolts, a leader in the development and commercialization of concentrating photovoltaic (CPV) technology, today introduced Mike Doman as its Vice President of Sales and Scott Shoults as its Vice President of Business Development.
Mr. Doman joins GreenVolts with more than 20 years of solar experience in Sales and Marketing with a focus in both commercial and utility scale PV markets. Mr. Shoults brings more than 20 years of management experience successfully introducing new products in global, high growth technology markets.
"These executive additions strongly position GreenVolts to engage the highly competitive, high growth solar market," said David Gudmundson, President and CEO of GreenVolts. "The complementary backgrounds of Mike and Scott are the perfect combination. Mike's extensive experience in the solar energy market with a particular emphasis in the Southwest US developing large utility scale projects makes him the ideal candidate to help GreenVolts expand into the region; and Scott's diverse experience in numerous high growth industries in general management, product marketing, and business development uniquely qualify him to lead GreenVolts into new markets worldwide."
Mr. Doman joins GreenVolts with more than 20 years of sales and operations experience. Prior to joining GreenVolts he was SVP of Business Development in charge of sales, engineering, procurement and construction for the PV Projects Division at Regenesis Power, a leading developer of large commercial and utility PV solar projects. Prior to Regenesis, he held executive positions at Shell Solar where he was responsible for PV commercial and consumer sales, and Siemens Solar where he led US Distribution. Mr. Doman was also VP of Sales and Marketing for Ransco Industries which sold large test facilities and wind tunnels to the auto industry. Previous to Ransco Industries he was the Director of Programs for Pacific Scientific in charge of the power generation systems for the US Navy torpedo systems. He holds five electronic and mechanical patents and a BASc Electrical Engineering -- Specializing in Utility Power Distribution from the University of Toronto.
Scott Shoults has over 20 years of executive experience in multiple high growth markets including optics, lasers, networking, information security and telecom. Mr. Shoults has a unique ability to identify insertion opportunities and cultivate them into winning business relationships. He brings extensive international experience developing partnerships throughout the US, Europe and Asia while holding management positions at global technology companies including JDSU, Cisco Systems, Itochu, and Harris/3M. He holds a BSEE from the University of Southern California.
GreenVolts' innovative approach to concentrating photovoltaics has led to a power purchase agreement with Pacific Gas & Electric for a two-megawatt pilot facility in Northern California. GreenVolts has raised nearly $45 Million in venture capital, including $34 Million as part of a Series B round. The company's technology and business model recently earned it a spot on the Global Cleantech 100 list of the leading cleantech companies.
About GreenVolts
GreenVolts, headquartered in Fremont, CA, has taken an integrated systems approach to the development of complete Concentrating Photovoltaic (CPV) solutions that combines:
- State-of-the-art proprietary high concentration optics
- High precision, two-axis solar tracking
- Intelligent power and control systems
- On-board, real time, high resolution performance monitoring
This unique integrated systems approach will achieve industry leading energy productivity and low overall Levelized Cost of Energy (LCOE). In addition, the high energy density of GreenVolts' CPV system enables low cost power production that can be deployed both close to demand and at utility scale, further increasing the real value of the energy generated.
To learn more about the company, please visit www.greenvolts.com.
Contact Information:
Press Contact:
Michael Azzano
Cosmo PR
415/596-1978