Friday, September 28, 2007
Thursday, September 27, 2007
Tuesday, September 25, 2007
Monday, September 24, 2007
Saturday, September 22, 2007
UQM Technologies Appoints Jon Lutz Vice President of Technology and Promotes Ronald Burton to Senior Vice President of Operation
Thursday, September 20, 2007
Wednesday, September 19, 2007
Cambridge, MA, based Metabolix Inc. (NASDAQ: MBLX) announced that Telles™, its joint venture with Archer Daniels Midland (NYSE: ADM) that produces Mirel™ bioplastics, has appointed four individuals to support technical operations, product marketing, and European sales of Mirel. Joining Telles are Frank J. Popola, Compounding Technology and Operations Manager; Holly Wilson-Jene, Director of Product Marketing; Sally Kline, Ph.D., Director of Technology; and Diether Hesse, Commercial Director Europe. Mirel is a new family of bioplastics made from corn that provides an alternative to traditional petroleum-based plastics. Unlike conventional plastics, Mirel biodegrades in a variety of environments including soil, home compost, wetlands, rivers and oceans.
Frank J. Popola is a well-rounded plastics industry professional, bringing 25 years of experience in business, development, sales, operations, and technical management. Frank is responsible for developing the compounding infrastructure to support the supply of Mirel bioplastics to customers. Prior to joining Metabolix, he was Technology Manager at Century Extrusion and Manager of International and Indirect Sales at Century, Inc. Frank holds a Bachelor of Science in Chemical Engineering from the New Jersey Institute of Technology in Newark, N.J.
Holly Wilson-Jene has an extensive background in polymer sales and marketing. Holly is responsible for developing and implementing marketing strategies, developing support tools for existing markets and identifying new markets for Mirel. She brings 20 years of experience in marketing and sales. Prior to joining Metabolix, she was Marketing Director at NOVA Chemicals in Moon Township, Pa. Holly holds a Bachelor of Science in Chemical Engineering from the University of Massachusetts in Amherst, Mass., and an MBA from the University of Michigan in Ann Arbor, Mich.
Sally Kline, Ph.D., brings more than 20 years of experience in plastics technology research, development and commercialization. Sally is responsible for all product development, applications and formulations for new grades of Mirel. Prior to joining Metabolix, she spent more than five years at The PolyOne Corporation in Avon Lake, Ohio, serving as director of technology, engineering materials. Sally holds a Doctorate of Engineering in Macromolecular Science at Case Western Reserve University in Cleveland, Ohio.
Diether Hesse is based in Switzerland and has a 15 year track record in Polymer Marketing and Sales. At Telles he is responsible for developing and managing the European/MEAF business for Mirel bioplastics. Prior to joining Telles, he spent 8 years with NOVA Chemicals where he held leadership roles in Marketing and Sales. Diether is a Graduate in Marketing and Economics from the Universities of Bochum, Germany and Le Mans, France.
Auburn Hills, MI, based Octillion Corp. (OTCBB:OCTL), which is developing a transparent window capable of generating electricity, has announced the appointment of Dr. Alastair K. Livesey to the Company’s Board of Directors. Dr. Livesey is currently a consultant in the renewable energy field and the former Executive Manager of New Business Development and Strategic Planning at Energy Conversion Devices, Inc. (ECD). During his tenure at ECD, Dr. Livesey conducted financial evaluations and prioritization of solar research and development projects, conducted strategic studies of photovoltaic manufacturing expansion options, designed budgetary controls for multiple $60 million-plus capital building projects, and participated in efforts to raise $350 million by public stock offering. Dr. Livesey also served as Director of Business Development and Architecture Design for the developmental Cognitive Computer program and as Director of the Hydrogen Energy Systems business unit during his six years with the company. He holds a Ph.D. in Experimental Physics (Amorphous Materials, Physics, Metallurgy, and Materials Science) from the Cavendish Laboratory of Physics at Cambridge University, an M.A. degree in Science, and a B.A. degree in Crystallography, Physics, Chemistry, and Math.
Octillion Corp. is a technology incubator focused on the identification, acquisition, development and eventual commercialization of emerging solar energy and solar-related technologies. Among its current research and development activities is the development of a patent-pending technology that could adapt existing home and office glass windows into ones capable of generating electricity from solar energy without losing significant transparency or requiring major changes in manufacturing infrastructure.
Tuesday, September 18, 2007
Monday, September 17, 2007
Saturday, September 15, 2007
GridPoint, based in Washington, DC, is in the process of raising more than $32 million in a fourth round of funding. GridPoint's platform provides utilities with an intelligent network of distributed energy conservation and generation resources that controls load, stores energy and produces power. The investors in this round are said to include Goldman Sachs, Altira Group and Standard Renewable Energy Group. Two other young companies that focus on energy efficiency, EnerNoc and Comverge, have recently had successful IPO's...
Friday, September 14, 2007
LM Glasfiber of Lunderskov, Denmark, announced that it will build a new U.S.-based wind turbine blade manufacturing facility in Little Rock, Ark. The plant is scheduled to come online in the first quarter of 2008 and will employ more than 1,000 people within five years, says the company.
LM Glasfiber has a three-year supply agreement with turbine manufacturer Vestas Wind Systems.
organizations and industry, announced today that it has hired industry veteran Michael Jolley as Vice President of Project Management. As former Project Manager at Chevron Energy Solutions, Jolley was responsible for over $40 million of facility improvement projects for Chevron Energy Solutions, where he led the management of multiple projects focused on energy and capital conservation. Prior to Chevron, Jolley was an Energy Services Engineer for the K-12 school market in Central California where he managed energy retrofit programs for several school districts. Past experience as Group Operations Manager at Siemens Building Technologies rounded out his expertise in cost effective energy based facilities projects totaling $15 million in self-funding throughout his tenure at Siemens. Jolley has a BS in Electrical Engineering with a specialization in Power Distribution and Control Systems and is a member of the Association of Energy Engineers.
Thursday, September 13, 2007
Tuesday, September 11, 2007
BioFuel Energy Corp., a Denver based development stage company currently engaged in the construction of two 115 million gallons per year ethanol plants in the Midwestern corn belt, has announced the appointment of Elizabeth Kilcullen Blake to its Board. Ms. Blake currently serves as Senior Vice President -- Advocacy, Government Affairs & General Counsel of Habitat For Humanity International Inc. a non-profit organization that through local partnerships seeks to build affordable housing for families in need in 93 countries around the world.
In her corporate career, Ms. Blake served as Vice President and Chief of Staff at Cinergy Corp and subsequently as Vice President and General Counsel of GE Power Systems, then General Electric's largest industrial business. Thereafter, she served as Senior Vice President of Trizec Properties, a publicly traded real estate investment trust and later as Executive Vice President of US Airways. Ms. Blake was a Partner of the firm of Frost & Jacobs prior to joining Cinergy and had begun her career at Davis Polk & Wardwell. Ms. Blake served on the Board of Patina Oil & Gas Corporation from 1998 through its sale to Noble Energy in 2005. In addition, she served as Chair of the Ohio Board of Regents from 1990 to 1999. She received her JD from Columbia University School of Law as a Harlon Fiske Stone Scholar and her BA with honors from Smith College. Ms. Blake is the Company's second independent director and will serve on the Board's Audit Committee.
PowerGenix, a San Diego based high tech company and leading developer of high-rate discharge, sealed rechargeable Nickel-Zinc batteries, announced the addition of Stanley Tang as Vice President of Quality. The hiring of Mr. Tang signals a shift for the maturing battery producer from research to production. "Mr. Tang''s knowledge, experience and expertise in the specific product segments PowerGenix is targeting will allow him to lead the development of the necessary processes, procedures, and tools to ensure consistent delivery of high quality products," stated Dan Squiller, Chief Executive Officer.
Mr. Tang will reside at PowerGenix Research Center in Shenzhen, China and will work closely with the Company''s manufacturing and supply chain partners such as Hunan Corun Hi-Tech. With the addition of Mr. Tang, PowerGenix now brings a powerful production team to the fore to meet production and quality expectations of their most demanding customers. "This coupled with our proprietary technology and intellectual property portfolio, was the last piece that had to be put in place before entering mass production," summarized Mr. Squiller. Mr. Tang has a Masters degree in Enterprise Engineering Management from HKUST in Hong Kong and a Bachelors degree in Electrical Engineering from Western New England College.
Plug Power Inc., a Latham, NY, based developer of fuel-cells, has hired a manager of investor relations. The Company tapped Cathy Yudzevich, former manager of investor relations at nearby Philips MR, formerly Intermagnetics General Corp. She starts work at Plug Power this month.
Monday, September 10, 2007
Folsom startup SynapSense Corp. has closed $10 million in a Series B financing round, and plans to use the funds to ramp up operations and its sales, marketing and engineering forces while it continues to focus on helping companies operate more environmentally friendly data centers.
"That means hiring on all fronts," said chief executive officer Pete Van Deventer, a 10-year veteran of Intel Corp. Van Deventer founded the company in spring 2006 with Raju Pandey, a computer scientist at University of California Davis. The Company offers complete energy efficiency and carbon footprint instrumentation solutions and platforms for the world’s leading enterprises. From the data center to the fab and throughout the enterprise, SynapSense provides a breakthrough wireless instrumentation architecture offering flexibility and sustainability.
H2Gen Innovations of Alexandria, Virginia, which designs, manufactures and markets low-cost on-site hydrogen generators and gas purification plants, has announced the appointment of Mr. Ken Grieshaber as Vice President of Sales and Marketing. Mr. Grieshaber was previously Global Director of Combustion Industries at Linde - BOC. Mr. Grieshaber had a twenty-three year career at BOC, during which he held a number of marketing and management positions. Prior to serving as Global Director Combustion Industries, Mr. Grieshaber had been a General Manager commercializing new technologies and Director of the Metals Market Sector for the Americas. Previous to joining BOC, Mr. Grieshaber had worked at Republic Steel for seven years in operations and quality control. Mr. Grieshaber has a BS degree in Metallurgical Engineering from Lehigh University, and a MS in Management from Purdue University.
Distributed Energy Systems Corp. , which creates and delivers products and solutions for the decentralized energy marketplace, said today that on Friday, August 24, 2007, it completed the previously announced $15 million financing with an investment fund managed by Perseus, L.L.C., a merchant bank and private equity fund management company. Distributed Energy Systems also named two Perseus representatives to serve as directors in place of two senior company executives. As a result of the agreement on the new composition of the Board of Directors, John C. Fox, a senior managing director of Perseus, and Michael L. Miller, a Perseus managing director, have become directors of Distributed Energy Systems, effective immediately, taking the places of two company executives -- Ambrose L. Schwallie, chief executive officer; and Walter W. (Chip) Schroeder, president.
John C. Fox is a senior managing director of Perseus. Prior to joining Perseus in 2000, Mr. Fox was chief operating officer of Ontario Power Generation Inc. (formerly Ontario Hydro), where he was responsible for operations for one of the largest electric utilities in North America. He served as executive vice president of the Canyon Group, a Los Angeles-based marketing and management consultancy during 1992 and 1993. From 1981 to 1992, Mr. Fox held various management positions with Pacific Gas and Electric Company (PG&E) in San Francisco, California, including manager, energy efficiency services. During 1992, he served as the head of the Energy Efficiency Task Force, President Bush's Commission on Environmental Quality. Mr. Fox is a board member of NxtPhase T&D Corporation, Serveron Corporation, Puralube, Inc., and Soft Switching Technologies Corporation. He also serves as a member of the Board of Directors for the Alliance to Save Energy and Rocky Mountain Institute. Mr. Fox holds a B.S. in civil engineering from the University of Toronto and an M.B.A. from McMaster University in Hamilton, Ontario.
Michael L. Miller is a managing director of Perseus. Prior to joining Perseus in 2005, Mr. Miller was the managing partner of Mill Consulting Group, an investment banking boutique specialized in assisting small and medium sized enterprises in the identification and execution of strategic capital formation and M&A transactions. He served as one of four partners at Swiss Life Private Equity Partners AG in Zurich, Switzerland during 2002 and 2003. Mr. Miller was vice president and group head of Principal Investments at Enron North America in Houston, Texas, where he focused on investments in new energy technologies. He founded and led UBS Capital GmbH, the Frankfurt-based private equity investment unit of the Union Bank of Switzerland Group in Germany. He started his career in the mergers and acquisitions department of Salomon Brothers, Inc. in New York City and Frankfurt, Germany. Mr. Miller is a member of the Board of Directors of Chroma Energy, Inc., Serveron Corporation, SEVA Energie AG, and Habitat for Humanity of Montgomery County (TX) and is an advisor and mentor to the Energy Program of the Houston Technology Center. He holds a B.S. in chemical engineering, a B.A. in German, and an M.B.A. from Rice University.
Nexant, Inc. (www.nexant.com) announced today that Thierry Godart and Doug Welsh have joined its Software and Information Systems business unit as Vice President of Sales and Marketing and Vice President of Energy Market and Power System Services, respectively. The Company's products and services help clients solve critical strategic and operational challenges in the areas of electric power; retail and wholesale power markets; enterprise risk management; energy technology; energy management; chemicals and petrochemicals; and oil and gas. The company is headquartered in San Francisco, CA.
Dr. Godart has over 20 years of experience in engineering management, consultative selling, business development, and strategic marketing. He will be responsible for global business development, sales, and marketing of Nexant’s advanced software tools, systems, and related consulting services for the electric power industry. He joins the company from AREVA T&D Automation, where he was worldwide systems marketing director. Previously, Godart served as director of energy information systems and metering systems for ABB and he started his career at GE Power Systems as a consulting engineer. He holds a Ph.D. in electrical engineering (power systems and computer sciences) from Georgia Institute of Technology and is a graduate of l’École Supérieure d’Électricité (France).
Mr. Welsh has 14 years of experience in the energy industry, and will be responsible for developing and managing consulting services for Nexant’s electricity market and transmission clients. He joins Nexant from GE’s Energy Consulting group where he was manager of software products responsible for production simulation, generation reliability, powerflow, and dynamic simulation applications. He also performed numerous economic analyses on power generation and natural gas opportunities. Prior to GE, he was a software product manager and analytical engineer for Power Technologies, Inc. Welsh holds an M.B.A. from Rensselaer Polytechnic Institute and an M.S. in electrical engineering from Iowa State University.
“We are very excited to have both Thierry Godart and Doug Welsh join us at this time,” said Dr. Ongun Alsaç, Senior Vice President of Software and Information Systems. “Thierry’s extensive software marketing experience will greatly strengthen our sales efforts for our integrated system and market software products, including HEDGE®, i-HEDGETM, SCOPE®, COMET®, and PRYM®, while Doug will simultaneously be expanding our consulting services to electricity market participants and transmission system clients. As the leading developer of electric power software applications and related consulting services, we are confident that Thierry and Doug will make significant contributions to our continued growth and success.”
Brett Woodard has been named vice president of finance and chief financial officer (CFO) of Wasatch Wind Inc., a Heber City, Utah-based wind power developer and manufacturer of tower and lifting systems for utility-scale wind turbines. Mr. Woodard joined Wasatch Wind in August, 2007 and has been instrumental in arranging finance for the company’s project development portfolio and securing capital to expand the companies product development and manufacturing. He has over 25 years experience in arranging international and domestic project finance for high technology infrastructure projects and has also served in senior finance and accounting functions in emerging telecommunications and biotechnology companies. Prior to joining Wasatch Wind, Mr. Woodard was the Head of Nokia Networks Customer Finance N. America. In that position he was lead in arranging project financing packages for major Nokia customers in the U.S. and Latin America. During that tenure he led the Nokia finance team in closing the first bank infrastructure financing in Argentina after the Peso devaluation. Prior to that he was employed by G.E. Capital serving as V.P. NTFC Capital in the Vendor Financial Services group. While in that position he led GECC’s efforts in closing a major participation in the Sprint PCS project finance package and also was involved in creating a profitable portfolio of infrastructure loans to start-up alternative access and wireless telecommunications companies. Immediately prior to joining Wasatch Wind Mr. Woodard served as Acting CFO at ESIN, a new telecommunications network operator in Upstate New York. He holds a B.S and MBA, Finance from the University of Utah, and has also had additional graduate education in the PhD Finance program at the University of Pennsylvania Wharton School.
Flow International Corp. has appointed Charles "Charley" Brown to CEO, replacing retired CEO Stephen Light. Charles M. Brown (age 48) became the Chief Executive Officer of the Company on July 16, 2007, when he was also appointed to the Board. Mr. Light's term expires with the 2007 Annual Meeting. Previously, Mr. Brown was the President and Chief Operating Officer of the Pump, Pool and Spa Divisions at Pentair, Inc, a company with 2006 revenues of approximately $3.15 billion, from April 2005 through October 2006. From August 2003 to April 2005, Mr. Brown was the President and Chief Operating Officer of the Pentair Tools Group (which was acquired by Black & Decker Corporation in 2004). Prior to that, Mr. Brown was the President/General manager of Aqua Glass Corporation, a Masco Corporation company, from 1996 to August 2003. Mr. Brown received a B.A., Economics and Government, from Cornell University, and an M.B.A. from J.L. Kellogg Graduate School of Management at Northwestern University. Flow International Corporation is the world leader in the development and manufacture of ultrahigh-pressure (UHP) waterjet technology, and a leading provider of robotics and assembly equipment. Flow provides technologically advanced, environmentally-sound solutions to the manufacturing and industrial cleaning markets
More than 1,000 people -- all with dreams of someday working at the first Vestas Wind Systems wind blade manufacturing plant in the United States--showed up at a job fair in Loveland, Colorado. Vestas Blades America was on hand to answer questions about the new facility under construction in Windsor... The factory is scheduled to open in March 2008.
A manager for Vestas told the crowd that the very basic blue collar worker at the plant will earn between $30,000 and $35,000 per year and be eligible for full benefits the first day of the first full month they are employed. Those benefits include paid holidays and vacations as well as medical, dental, vision and life insurance for employees and their families -- all with premiums paid entirely by Vestas. The presentation discussing the vision, values and mission of the Denmark-based company that began in 1898 as a blacksmithing company. "We want to make wind on par worldwide with oil and gas," he said. "This is going to be a huge impact on northern Colorado whether you work at the plant or you don't. Failure is not an option. This is the culture of Vestas. We will instill that culture in this plant, and we will hold to those values."
Vestas Blades America will construct more than 400, 40-meter wind turbines a year at the 200,000 square-foot plant in Windsor. Four hundred turbines can supply 225,000 homes with electricity for a year. Vestas is the largest manufacturer of wind turbines in the world, employing more than 14,000 people, with a 1 percent employee turnover rate. The Windsor plant will employ more than 400 people at full production in January 2009.
The Board accepted the resignation of President & CEO Thomas S. Rooney, Jr., effective immediately. The Board has begun a search for a successor to Rooney as CEO and will consider both internal and external candidates. While the search is conducted Alfred L. Woods, a Director since 1997 and Non-Executive Chairman of the Board since 2003, will serve as interim Chief Executive Officer. Woods also will continue as Chairman of the Board. Other than Rooney, the senior management team will remain in place.
Thomas E. Vossman, Senior Vice President and Chief Operating Officer since May, 2005, continues in that role. David F. Morris, the company's Senior Vice President, General Counsel and Secretary has been promoted to the newly-created post of Senior Vice President and Chief Administrative Officer. Morris joined the company in January, 2005. He will retain the duties of general counsel and secretary in his new position. David A. Martin, the company's Vice President and Controller, has been promoted to Vice President and Chief Financial Officer. Martin, who joined Insituform in 1993, has served as the company's principal financial and accounting officer since January, 2006.
"The post of CFO has been vacant for 19 months. During that time, as we considered various candidates for the post, our Board also watched David Martin grow and perform in his role as principal financial and accounting officer, and today we are quite confident that he is the right person to serve as CFO on a permanent basis," Woods said.
"David Morris's role of Chief Administrative Officer is a new position for the company. He will oversee administrative functions including legal, human resources, purchasing, information technology, real estate and facilities, risk management and insurance," Woods said.