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Solaria Appoints New President, Solar Industry Veteran Vikas Desai
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Solaria Corporation has appointed Vikas Desai as its new president, succeeding Howard Wenger, who will remain as a board member and strategic advisor. Desai, a veteran in the solar industry, previously led SunPower's residential business, achieving $1 billion in annual revenue. His extensive experience includes leadership roles at EchoFirst and Powerside. CEO Tony Alvarez expressed confidence in Desai's ability to drive growth and innovation at Solaria, which specializes in advanced solar technologies. This transition is expected to enhance the company’s market presence.
Positive
Vikas Desai brings extensive industry experience, having built a $1 billion revenue business.
Desai's leadership is expected to accelerate company growth and expand offerings.
Howard Wenger continues to provide strategic guidance as board member.
Negative
Change in leadership may lead to transitional challenges.
Potential concerns about continuity without Wenger in a presidential role.
Howard Wenger to Continue with Solaria as Board Director and Strategic Advisor
FREMONT, Calif.--(BUSINESS WIRE)--
Solaria Corporation, a global provider of premium solar energy products, today announced the appointment of solar industry veteran Vikas Desai as the company’s new president. Solaria’s current president Howard Wenger will continue with the company as a board member and strategic advisor.
Solaria Appoints New President, Solar Industry Veteran Vikas Desai (Photo: Business Wire)
An accomplished solar industry executive, Mr. Desai served as senior vice president and general manager of SunPower Corporation’s (NASDAQ: SPWRA) residential and light commercial business unit, which he founded and scaled up to $1 billion in annualized revenues. Vikas Desai also held CEO roles at EchoFirst (acquired by SunEdison) and Powerside, a power analytics provider, and served as senior vice president and general manager at the distributed solar divisions of both SunEdison and Flextronics.
“Vikas has a passion for building teams and go-to-market channels; we are very pleased that he is joining the outstanding professionals on Solaria’s leadership team,” said Solaria CEO Tony Alvarez. “Vikas has built multiple businesses in both the solar and related technology realms. He brings deep experience and expertise in residential solar, having scaled multiple distributed solar businesses globally.”
“I’m thrilled to be part of a team that is dedicated to developing and delivering unparalleled products with excellent customer service, powered by our network of Pro Partners,” noted Mr. Desai. “Solaria offers unrivaled advanced technology. I look forward to working with Solaria’s talented team to help accelerate the company’s growth and scale its success as it expands its offerings and global reach.”
“We are looking forward to this next chapter in Solaria’s evolution,” added Tony Alvarez. “I want to thank Howard Wenger for serving as president during a very challenging time – and for helping us develop a vision of what the company can become. We are delighted that Howard will be continuing with us as board member and strategic advisor to help Solaria become a leading solar brand.”
About Solaria
Solaria Corporation is a US-based solar PV technology and systems company, with a 20-year history in solar power innovation and product development. Solaria is paving the way for distributed, clean power generation by delivering state-of-the-art engineering and automation to provide superior field performance and unrivaled aesthetics. Solaria is headquartered in California, USA. For more information, please visit www.solaria.com.
