Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > Innovalight Hires Chief Financial Officer

Abstract:
Solar technology company adds Silicon Valley veteran Michael Johnson to team

Innovalight Hires Chief Financial Officer

Sunnyvale, CA | Posted on March 8th, 2010

Innovalight, Inc., a privately-held firm selling silicon ink-based high efficiency solar cell materials and technology, today announced that it has hired Michael Johnson as chief financial officer.

Mr. Johnson brings over thirty years of experience to Innovalight - his career spans companies such as Baron Data Systems, Ascend Communications, CacheFlow, Inc., Amber Networks and more recently, Trapeze Networks.

Mr. Johnson has been instrumental in several very successful initial public offerings that raised over $500 million in new capital. He has also executed some of Silicon Valley's most notable transactions that created very successful exits for investors to the tune of approximately $2 billion as well as mergers valued at over $4 billion.

"Innovalight represents one of the most exciting growth opportunities in renewable energy I have seen to date," said Michael Johnson, chief financial officer. "I am delighted to be part of the executive team bringing such innovative and profitable technology to the solar energy market," he added.

Innovalight's proprietary materials and processes allow crystalline silicon solar cell manufacturers to dramatically boost output capacity and solar cell performance, as well as reduce costs with a simplified additional step to already installed manufacturing lines. The opportunity is significant: crystalline silicon solar cell technology accounts for 77% of the commercial solar panel market today, according to Navigant Consulting, Inc., a leading solar industry research firm.

"Mike brings extraordinary talent to Innovalight at just the right time as we scale our business," said Conrad Burke, president and chief executive officer. "His track record in helping build great companies and creating value is well known in Silicon Valley," he added.

Innovalight has a development roadmap to ultimately bring conversion efficiencies of solar cells to over 20% using its platform for silicon ink and processing technologies. Innovalight has filed for over 60 patents filed for silicon ink and high efficiency solar cells using silicon ink processes.

####

About Innovalight
Innovalight is based in Sunnyvale, California. The company is developing low-cost, high-performance solar energy technology using proprietary silicon ink nanotechnology. Innovalight is venture capital backed and has received additional development funds from the U.S. Dept. of Energy.

For more information, please click here

Copyright © PrNewswire

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Spin current detection in quantum materials unlocks potential for alternative electronics October 15th, 2017

Quantum manipulation power for quantum information processing gets a boost: Improving the efficiency of quantum heat engines involves reducing the number of photons in a cavity, ultimately impacting quantum manipulation power October 14th, 2017

Announcements

Long nanotubes make strong fibers: Rice University researchers advance characterization, purification of nanotube wires and films October 17th, 2017

Spinning strands hint at folding dynamics: Rice University lab uses magnetic beads to model microscopic proteins, polymers October 17th, 2017

Rice U. study: Vibrating nanoparticles interact: Placing nanodisks in groups can change their vibrational frequencies October 16th, 2017

Spin current detection in quantum materials unlocks potential for alternative electronics October 15th, 2017

Appointments/Promotions/New hires/Resignations/Deaths

180 Degree Capital Corp. Appoints Investment Banking Veteran Parker Weil to Its Board of Directors August 2nd, 2017

Nanometrics Announces Retirement Plans of CEO Timothy Stultz: Dr. Stultz to Continue as Director May 25th, 2017

180 Degree Capital Corp. Announces the Start of Kevin Rendino as Chairman and Chief Executive Officer and Completion of its Transition to a Registered Closed-End Fund March 31st, 2017

Francis Alexander Named Deputy Director of Brookhaven Lab's Computational Science Initiative February 16th, 2017

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project