eSolar Taps New CFO

PASADENA, Calif. -- eSolar™, a producer of modular, scalable solar thermal power plants, announced the addition of Merrick Kerr as Chief Financial Officer (CFO). As CFO, Mr. Kerr will oversee the financial and administrative functions of the Company as it expands its presence across the southwest United States and globally. Mr. Kerr joins the Company following the closing of $130 million in funding from Idealab, Oak Investment Partners and Google.org, as well as a recently announced power purchase agreement (PPA) with Southern California Edison to produce 245 MW of solar thermal power. Link.