new hire

Houston-based waste-to-energy company grows team

Global Clean Energy has named two new executives to its team. Photo via Getty Images

A Houston-based developer of green technology projects is expanding its management team by partnering with an affiliate of C2 Industrial Group.

Global Clean Energy's joint venture aims to “build, develop and manage sustainable clean energy projects in various forms while reducing negative carbon emissions or footprints” according to a news release.

James Wiseman has been named as chief legal officer and Jacob Sacks has been named as CFO. They join the current management team of George Azimov, president, and Chris Boll, chief revenue officer and director. Together, the goal is to engage professionals from C2 Industrial Group to present and acquire business opportunities that align with the goals and values of Global Clean Energy.

“GCEI's mission and purpose could not be more critical in today's trying times,“ Wiseman says in a news release. “We must build sustainable businesses and industries. We must reduce the carbon footprint of business and industry. We must invest in green supply chains and emerging technologies. We need to think and act with clarity of purpose. That's what we intend to do as we look to acquire and build projects for GCEI that fulfill that mission.”

Wiseman recently served as principal and chief legal officer of C2 Industrial based in Joshua, Texas. He has over 25 years of experience buying, developing and operating real estate in New York and Texas with Cayuga Capital Management LLC. Sacks recently served as principal and CFO of C2 Industrial.

“We are pleased to be working with GCEI to combine and bring scale to companies that both have strong growth prospects and provide material benefits to the environment through their operations, in a prudent and financially responsible manner,” Sacks adds in the release.

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A View From HETI

SunPower is expanding its solar and VPP business in Texas. Photo via Unsplash

Utah-based solar technology and battery storage company SunPower has announced its expansion into Texas by acquiring “prime project assets” from Houston installer Green Light Solar.

As part of the deal, Green Light Solar CEO James Garrett will lead SunPower’s U.S. installation group. Garrett is based in the Houston area, according to LinkedIn.

Green Light Solar focuses on residential and commercial solar installations, battery backups and whole-home generators throughout Texas, Louisiana, Oklahoma and Colorado. As of press time, SunPower had not disclosed which specific projects or assets were included in the acquisition.

In addition to the Green Light acquisition, SunPower also announced its second strategic partnership with Fort Worth-based SOLRITE Energy, which provides solar and battery project financing and virtual power plant capabilities.

Through the partnership, SunPower plans to expand its residential solar and battery storage business and grow its virtual power plant (VPP) network in Texas.

A virtual power plant is a network of connected energy sources that can supply electricity to the grid when demand is high. The network draws on energy stored in individual residential and commercial battery systems. VPPs can also help participating homeowners generate additional revenue by selling their stored power.

“SOLRITE not only sources projects to us but also provides project funding for innovative systems with large batteries connected to a VPP, enabling power sales into the open market,” T. J. Rodgers, SunPower CEO, said in a news release. “That VPP capability provides an extra source of income that SOLRITE shares with homeowners and EPCs, making SOLRITE an attractive partner.”

SunPower will bring its sales, installation and lifetime warranty support to the partnership, while SOLRITE will provide its virtual power plant platform and solar financing capabilities, according to the release.

"Building our VPP business is a key part of SunPower’s growth strategy going forward,” Kapil Rai, EVP of Direct at SunPower, added in the release. “Our partnership with SOLRITE gives us a path to bring together customer acquisition, solar, storage deployment, and financing to develop this business in Texas and beyond.”

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