Tag Archives: renewable power

first solar - new ceo

First Solar Appoints Hughes CEO

First Solar, Inc. announced that James Hughes has been appointed Chief Executive Officer. Hughes succeeds Mike Ahearn, First Solar’s founder and Chairman, who has been serving as interim CEO since Oct. 2011. Hughes joined First Solar in March as Chief Commercial Officer. Ahearn will continue in his role as Chairman of the Board.

“Jim has been instrumental in developing the strategic plan that will enable us to compete and win in this new era for the solar industry, and it became clear he is the right person to lead the execution of that plan,” said Ahearn. “Jim brings a wide range of experience that will be invaluable in leading our organization, having owned and operated utilities, built power projects, cultivated partnerships and led profitable growth in a wide array of key markets around the world.”

“I am excited for this opportunity to lead First Solar into a new era for the industry,” said Hughes. “First Solar is unrivaled in terms of talent and experience and has the premier platform from which to implement solar power at a meaningful scale around the world. The rapid cost reductions in the industry position solar at the threshold of the mainstream energy markets, and we are well-positioned to capitalize on that opportunity.”

Hughes has nearly 20 years of experience in the global energy industry. Before joining First Solar, he served as the CEO of AEI, which owned and operated power distribution, conventional and renewable power generation, natural gas transportation and natural gas distribution businesses in 19 countries. Prior to that, he was President and Chief Operating Officer for Prisma Energy.

Hughes earned a juris doctor from the University of Texas at Austin School of Law, a Certificate of Completion in international business law from Queen Mary’s College, University of London, and a bachelor’s degree in business administration from Southern Methodist University.

For more information on First Solar, visit First Solar’s website at firstsolar.com.

duke energy renewables - solar panel

Duke Energy Renewables Acquires Arizona Solar Farm From SOLON

Duke Energy Renewables has acquired a 10-megawatt (MW) utility-scale solar project near Kingman, Ariz., from SOLON Corp.

The Black Mountain Solar Project under construction in Mohave County is expected to achieve commercial operation in October of this year. UniSource Energy Services (UES) will purchase the power generated at the Black Mountain site through a 20-year power purchase agreement.

“This acquisition expands our footprint in the western United States and helps a premier Arizona energy service provider deliver affordable, zero-emission renewable power to its customers,” said Duke Energy Renewables President Greg Wolf. “Comprised of more than 40,000 solar panels, the Black Mountain project is expected to produce enough electricity to power about 2,000 homes.”

Duke Energy Renewables, part of Duke Energy’s Commercial Businesses, purchased the photovoltaic project from SOLON Corp., one of the largest solar power plant developers in the U.S. Financial terms were not disclosed.

SOLON designed the solar array, powered by SOLON’s single-axis tracking technology, and will construct and continue to handle operations, monitoring and maintenance of the system after it is commissioned.

“We’re excited to be partnering with Duke Energy on this project to provide a cost effective way for Unisource Energy Services to bring solar to Arizona,” said Dan Alcombright, president and CEO of SOLON Corporation. “With more than 60 MW of utility-scale photovoltaic systems installed in Arizona, SOLON is committed to delivering proven solutions to utilities and creating renewable energy jobs for the economy. We are proud that this 10-MW project will create more than 250 local jobs during construction.”

Duke Energy Renewables already owns two other solar facilities in the state: the 4-MW Ajo Solar Farm in Pima County and the 15-MW Bagdad Solar Farm in Yavapai County.

Black Mountain is Duke Energy Renewables’ 12th wholly owned commercial solar farm. Since 2007, Duke Energy has invested more than $2.5 billion to grow its commercial wind and solar business lines.

For more information on Duke Energy Renewables, visit Duke Energy Renewables’ website at duke-energy.com/commercial-renewables.