GreenVolts Names Solar and High Tech Industry Veteran as VP of Engineering

Filed under: News
August 18, 2009

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Michael Azzano
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GreenVolts Names Solar and High Tech Industry Veteran as Vice President of Engineering

New addition rounds out engineering team to advance the development of leading concentrating photovoltaic system

San Francisco, Calif. – August 19, 2009 - GreenVolts, a leader in the development and commercialization of concentrating photovoltaic (CPV) technology, today announced that Wayne Miller has joined the company as Vice President of Engineering. A recognized pioneer in product design, Wayne will head the product development efforts as the company focuses on further innovation and commercialization of its CPV system.

“Wayne’s decades of experience in product development will help further improve our CPV system as we bring the technology to market,” said Gary Beasley, president and CEO of GreenVolts. “We are thrilled to have such an acknowledged talent leading a growing team of world class engineers from a wide variety of disciplines and industries. As an organization, GreenVolts has nearly doubled in size in the last six months.”

Mr. Miller has a proven 20-year track record designing groundbreaking solar and high technology products. Previously, he was Vice President of Product and BOS (Balance of System) Engineering at Solyndra where he led the company’s product development and field operations team for their non-penetrating cylindrical CIGs thin film solar module. Additionally, he built and led the engineering team at SolFocus where he was responsible for the development of the company’s original concentrating photovoltaic system. Prior, Mr. Miller spent 15 years designing products for high volume production at a number of global technology leading companies, including Credence Systems, Apple Computers, In Focus Systems and AT&T Bell Labs.

Mr. Miller holds 19 patents and has led design on nine products that have been awarded International Design Excellence Awards while at Apple Inc, Credence Systems, and In Focus Systems. He holds a B.S. and a M.S. in Mechanical Engineering from Northeastern University.

“I am inspired by the culture of innovation at GreenVolts and by the team assembled to realize this vast opportunity,” said Mr. Miller. “I look forward to leveraging my experience in photovoltaics and technology development to help design and commercialize GreenVolts’ next generation CPV system. We intend to push the conversion efficiency, energy density and material conservation advantages that concentrating photovoltaics has over all other solar technologies even further.”

GreenVolts’ unique approach to concentrating photovoltaics has been well received within the solar industry. GreenVolts holds a power purchase agreement with Pacific Gas & Electric for a two-megawatt pilot facility in Northern California. GreenVolts has also raised $45 million in venture funds, and recently announced an agreement with the National Renewable Energy Laboratory to co-develop a next generation solar cell. The company’s technology and business model recently earned it a spot on the competitive AlwaysOn Going Green list of the top 100 privately held cleantech companies.

About GreenVolts

GreenVolts, Inc., based in San Francisco, was founded in 2005 to deliver solar power at costs competitive with that derived from fossil fuels. The company’s concentrating photovoltaic (CPV) solution is a state-of-the-art technology designed to achieve the highest solar-to-electricity conversion efficiency through an innovative integration of optics and solar tracking. Similar to central station power plants, GreenVolts’ technology enables a low levelized cost of energy, and yet it can be built close to load on the distribution grid, further increasing efficiency and reducing costs. GreenVolts’ low profile design and unparalleled energy density means that it uses less land to produce the same amount of power as other solar technologies and can thus be sited in or near urban centers. Through low cost, high efficiency systems, the company can access large markets previously inaccessible to utility scale solar.

GreenVolts continues to grow at a rapid rate and is currently seeking additional top engineering talent. To search for open positions and to learn more about the company, please visit us online at www.greenvolts.com.

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