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EPC Power names Jim Fusaro as CEO

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EPC Power, a leading U.S. provider of high-performance utility-scale smart inverters for the solar and storage industries, appoints Jim Fusaro as CEO. Fusaro brings over 30 years of experience in the solar, semiconductor, and advanced materials industries. Founder Devin Dilley remains as President and Chief Product Officer. EPC Power aims to expand its international customer base and enter new markets under Fusaro's leadership.
EPC Power, un leader statunitense nella fornitura di inverter intelligenti ad alte prestazioni per l'industria solare e di accumulo, ha nominato Jim Fusaro come CEO. Fusaro porta con sé oltre 30 anni di esperienza nelle industrie solari, dei semiconduttori e dei materiali avanzati. Il fondatore Devin Dilley continuerà a ricoprire il ruolo di Presidente e Direttore dei Prodotti. EPC Power punta ad espandere la sua base di clienti internazionali ed entrare in nuovi mercati sotto la guida di Fusaro.
EPC Power, un proveedor líder en EE.UU. de inversores inteligentes de alto rendimiento para las industrias solar y de almacenamiento, ha nombrado a Jim Fusaro como CEO. Fusaro cuenta con más de 30 años de experiencia en la industria solar, de semiconductores y de materiales avanzados. El fundador Devin Dilley seguirá siendo el Presidente y Director de Producto. EPC Power busca expandir su base de clientes internacionales e ingresar a nuevos mercados bajo el liderazgo de Fusaro.
EPC Power, 미국의 선도적인 대규모 고성능 스마트 인버터 제공업체로서 태양광 및 저장 산업을 위해 Jim Fusaro를 CEO로 임명했습니다. Fusaro는 태양광, 반도체 및 첨단 재료 산업에서 30년 이상의 경험을 가지고 있습니다. 창립자 Devin Dilley는 회장 및 최고제품책임자로 남아 있습니다. EPC Power는 Fusaro의 리더십 하에 국제 고객 기반을 확장하고 새로운 시장에 진입하고자 합니다.
EPC Power, un fournisseur leader américain d'onduleurs intelligents haute performance pour les industries solaire et de stockage, nomme Jim Fusaro en tant que PDG. Fusaro apporte plus de trente ans d'expérience dans les industries solaire, semi-conducteurs et matériaux avancés. Le fondateur Devin Dilley demeure Président et Directeur des Produits. EPC Power ambitionne d'élargir sa base de clients internationaux et de pénétrer de nouveaux marchés sous la direction de Fusaro.
EPC Power, ein führender US-Anbieter von leistungsstarken Smart-Invertern für die Solar- und Speicherindustrien, hat Jim Fusaro zum CEO ernannt. Fusaro bringt über 30 Jahre Erfahrung in den Bereichen Solar, Halbleiter und fortgeschrittene Materialien mit. Gründer Devin Dilley bleibt Präsident und Chief Product Officer. EPC Power zielt darauf ab, seine internationale Kundenbasis zu erweitern und unter Fusaros Führung in neue Märkte einzutreten.
Positive
  • Jim Fusaro brings over 30 years of experience in the solar, semiconductor, and advanced materials industries to EPC Power as the new CEO.
  • Founder Devin Dilley will continue as President and Chief Product Officer, collaborating closely with Fusaro.
  • EPC Power plans to grow its international customer base and venture into new markets with Fusaro's leadership.
  • Fusaro's successful track record at Array Technologies, Inc. and previous roles at Honeywell and Amkor Technology demonstrate his expertise in leading global businesses.
Negative
  • None.

Fusaro joins with over 30 years of experience in the solar, semiconductor and advanced materials industries

Founder Devin Dilley will retain the title of President, and assume the role of Chief Product Officer working closely with Fusaro

POWAY, Calif.--(BUSINESS WIRE)-- EPC Power, a leading U.S. provider of high-performance, utility-scale, smart inverters for the solar and storage industries, announced today that Jim Fusaro has been appointed by the Board of Directors and assumed the position of Chief Executive Officer effective April 15, 2024. Fusaro brings deep industry and management experience to lead the company through its next stage of growth, furthering its growing international customer base and expansion into new markets.

“I am thrilled to have Jim join our team; he brings a wealth of experience and has a proven track record of results,” said Devin Dilley, founder, President, and Chief Product Officer. “I look forward to working with Jim to grow EPC into the premier global provider of utility-scale digital power conversion. The proliferation of renewable generation requires new technologies to ensure the stability, security and reliability of our power infrastructure. It's our mission to lead the charge.”

Fusaro most recently served as CEO and member of the board of Array Technologies, Inc. (NASDAQ: ARRY). At Array, Fusaro built a culture around profitable growth, customer-focus, results, and innovation, and put in place an experienced leadership team and operating system that accelerated the company's performance. Prior to joining Array, Fusaro managed large-scale global businesses at Honeywell and Amkor Technology. During his time with Honeywell, Fusaro served as President of Advanced Materials, Vice President & Chief Commercial Officer of Aerospace, and Vice President & GM of Mechanical Subsystems. Before joining Honeywell, Fusaro was EVP of Assembly & Test at Amkor Technology.

"EPC’s technological approach provides solutions to the immense challenge of modernizing the grid," said Fusaro. "EPC has a winning culture, a dedicated team, and a portfolio of innovative products. I look forward to working with Devin and the team to continue the journey of transforming the grid.”

To date, EPC Power has delivered globally more than four gigawatts of American made smart inverters, and has more than doubled its production capacity by substantially investing in its Greenville, South Carolina manufacturing facility in 2023.

The utility-scale energy storage sector is projected to grow nearly 20% per year from 2023 to 2030 according to BloombergNEF, and with the substantial production capacity increase and continuous cutting-edge product innovation, EPC Power is positioned to continue to deliver best-in-class power conversion solutions for its customers. EPC Power is equally well positioned to serve the massive and growing solar energy market with the upcoming release of its groundbreaking M Series inverter.

“On behalf of the Board of Directors, it is my pleasure to welcome Jim as CEO of EPC Power. Jim is a technology and market savvy business leader, with a proven track record of delivering results in a broad set of leadership roles. EPC Power is significantly growing in market share with an expanding customer base, and will be the clear front-runner in technology leadership with this next generation of product lines. We are poised to accelerate our global expansion, and I am excited for Jim to lead the company to new growth, new markets, and a new level of global leadership in utility-scale renewable energy technology,” said Paul Nahi, Executive Chairman of the EPC Power Board.

This leadership transition reflects EPC Power’s commitment to continuity, acceleration, and long-term success.

About EPC Power:

EPC Power is a leading provider of smart power conversion solutions, specializing in utility-grade solar and storage inverters, backed by Goldman Sachs Alternatives and Cleanhill Partners. Proudly 100% made in America, and with a commitment to innovation, quality, and customer satisfaction, EPC Power delivers reliable and scalable solutions to meet the evolving needs of its customers. For more information, visit www.epcpower.com.

Media:

Patrick Lenihan

patrick@gravitystrat.com

Source: EPC Power

FAQ

Who has been appointed as the new CEO of EPC Power?

Jim Fusaro has been appointed as the new CEO of EPC Power.

What is Jim Fusaro's background in terms of industry experience?

Jim Fusaro brings over 30 years of experience in the solar, semiconductor, and advanced materials industries.

What will Founder Devin Dilley's role be after Jim Fusaro's appointment?

Founder Devin Dilley will retain the title of President and assume the role of Chief Product Officer at EPC Power.

What are EPC Power's growth plans under Jim Fusaro's leadership?

EPC Power aims to expand its international customer base and enter new markets under Jim Fusaro's leadership.

What sector does EPC Power operate in?

EPC Power operates in the utility-scale smart inverters sector for the solar and storage industries.

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