SolarNexus Appoints Solar Industry Pioneer, Jigar Shah, To Board of Directors; Adds Solar Industry Veterans to Advisory Board

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Emerging solar industry infrastructure startup rounds out advisory team with addition of Tom McCalmont, Darlene McCalmont and David “Lad” Wallace; deep bench of solar sector talent and experience spans solar energy policy, strategy, financing, and installation.

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SolarNexus is addressing the right issues at the right time,” said Jigar Shah, CEO of Carbon War Room. “The solar industry needs to adopt processes and systems that will lower costs and increase productivity, and this is SolarNexus’ mission.

SolarNexus, an emerging provider of software solutions that accelerate the business of installing solar power systems, has named Jigar Shah to its board of directors, along with Tom McCalmont, Darlene McCalmont and David “Lad” Wallace as company advisors. The appointments come at a crucial time for the company, which is poised to launch a next-generation software platform aimed at addressing inherent inefficiencies in the solar energy value chain and the tactical deployment of solar energy projects.

“Jigar, Tom, Darlene, and Lad are all well respected as innovators in their respective sectors and roles. They bring extremely valuable domain experience to SolarNexus,” said Eric Alderman, SolarNexus CEO. “From broad policy and commercial financing experience, to leadership that grew a $15M installation business from scratch, to financial management of one of the few publicly held solar integrators, we have assembled a stellar group of advisors to guide our product development and company strategy. As we move from development to pilot testing and eventual full launch later this year, their experience and industry connections will enable us to cover more ground and develop a strong base of company advocates and early adopters.”

“SolarNexus is addressing the right issues at the right time,” said Jigar Shah, CEO of Carbon War Room. “The solar industry needs to adopt processes and systems that will lower costs and increase productivity, and this is SolarNexus’ mission. The company’s executive team has the right combination of solar industry and software backgrounds to build a platform that will drive the solar industry forward, accelerating overall project velocity as we’ll need to do if we’re going to meet the expected growing demand for solar energy.”

“Broad penetration of solar energy, particularly in the residential and light-commercial segments, requires solutions to simplify deployments, eliminate manual tasks and shorten project times so that existing integrators become more effective and new businesses and skilled workers can enter the industry faster,” said Tom McCalmont, CEO of McCalmont Engineering. “SolarNexus has the right vision and product strategy to accelerate and streamline the operations of solar businesses nationwide.”

“Today, installing a solar energy system is time-consuming and requires collaboration across numerous tasks—from design and engineering, to permitting and incentive management, financial analysis, not to mention procurement and construction,” said Darlene McCalmont, COO of McCalmont Engineering. “SolarNexus is on a path to address these challenges and reshape the way solar businesses operate.”

Biographies
Jigar Shah is CEO of Carbon War Room, a non-profit organization that harnesses the power of entrepreneurs to implement market-driven solutions to climate change. Previously, Shah founded SunEdison, the company that revolutionized the solar services industry by creating and commercializing solar power purchase agreements that remove the cost barriers to deploying solar. He is an expert on energy project finance, changing energy policy, and a renowned evangelist of energy technology. Shah works closely with some of the world's leading influencers and guides policy makers around the globe on key issues surrounding renewable energy, global warming and sustainability.

Tom McCalmont is CEO and co-founder of McCalmont Engineering, an engineering company that designs large-scale solar power plants and related renewable-energy technology. A serial entrepreneur and inventor who holds 13 U.S. patents, McCalmont has over 30 years of experience developing new businesses that deliver innovative technology solutions, and has a successful track record of creatively applying new technology to solving real-world customer problems. Prior to co-founding McCalmont Engineering, Tom was the CEO and co-founder of Regrid Power, which grew to be one of California’s largest and most respected solar electric integrators, prior to its sale to Real Goods Solar in late 2008.

Darlene McCalmont is chief operating officer of McCalmont Engineering. As the first woman in California to become a NABCEP-certified Solar PV Installer, she was co-founder and vice president of operations for Regrid Power. With over 30 years of experience managing operations for businesses with complex production processes, she brings extensive experience assimilated from running a fast-track, national solar power installation company.

Lad Wallace has an extensive history of working as a senior financial manager (from controller to CFO) in a number of industries including solar integration at Akeena Solar, Inc (AKNS), micro-electronics manufacturing, winery, liquor and soft drink production, bottling and distribution, oil refining, sporting goods and clothing manufacturing. As CFO of Akeena, from early stage start-up through NASDAQ listing in September of 2007, Lad helped the company grow to become the first publicly traded residential and small commercial integrator in the United States. He has served as CFO for The LED Company, a startup that offers advanced lighting solutions and financing, is the advising CFO for Maximized Solar, a startup with patent-pending technology to automate the maintenance of solar arrays, and consults with other companies in the PV equipment and installations.

About SolarNexus
SolarNexus Inc. develops software solutions that eliminate market inefficiencies and improve profitability for participants in the solar deployment value chain, including manufacturers, distributors, integrators, financing providers, installers, and customers. Its applications remove barriers between buyers and sellers, enable information sharing across the solar deployment chain and streamline back-office processes. See http://www.solarnexus.com for more information.

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