This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

MEMC Appoints Industry Veteran As President, SunEdison Advanced Solutions

ST. PETERS, Mo., Feb. 27, 2013 /PRNewswire/ --  MEMC Electronic Materials, Inc. (NYSE: WFR) today announced that the company has appointed Shihab Kuran, Ph.D. as President, SunEdison Advanced Solutions. Heading this new group within the company's Solar Energy Business Unit, Dr. Kuran will be responsible for energy solutions and markets that incorporate advanced grid management products and technologies. He will report to Ahmad Chatila, MEMC President and CEO.

"Shihab's successful track record of pioneering advanced renewable solutions and his experience developing marquee solar and smart grid projects make him the ideal person to lead SunEdison's Advanced Solutions," said Ahmad Chatila. "With Shihab on board, SunEdison is well positioned to further accelerate its market expansion in existing and new market sectors, and will be able to offer customers increased access to technologically differentiated, reliable and cost-effective solutions." 

Dr. Kuran has deep experience in the technology and cleantech industries. Most recently, he was founder, President and CEO of Petra Solar, a company that pioneered "smart solar" for the electric supply industry, which combines solar energy generation with smart grid technology. Under his leadership, Petra Solar launched the world's largest solar electric project in 2009; 40 megawatts with Public Service Electric & Gas (PSE&G) of New Jersey. In 2012, he led the company in the largest rooftop solar deployment in the world, installing panels on 20,000 rooftops in Jordan; in 2012 he also led the company in launching a Smart City project in Bahrain.

Among other awards and acknowledgements, Dr. Kuran was recognized by Greentech Media as one of the "100 people you must know in Smart Grid in 2012;" by Ernst & Young as the N.J. Green Tech Entrepreneur of the Year in 2010, and by Fortnightly Magazine as a "top guru" in the solar industry in 2010. Prior to founding Petra Solar, he held various technical, executive and board positions in the semiconductor and cleantech industries.

He currently serves as a Board Member of the New Jersey Technology Council and on the Advisory Board at The Rothman Institute of Entrepreneurship at Fairleigh Dickinson University, as well as the External Advisory Board for Rutgers Innovation Park. He also serves on the Advisory Boards of the Edison Innovation Foundation and the Charles Edison Fund.

Dr. Kuran holds a Ph.D. in Electrical Engineering from the City University of New York and an Executive Management degree from Harvard Business School. He is an inventor and has published over 40 papers.

About MEMCMEMC is a global leader in semiconductor and solar technology.  MEMC has been a pioneer in the design and development of silicon wafer technologies for over 50 years.  With R&D and manufacturing facilities in the U.S., Europe, and Asia, MEMC enables the next generation of high performance semiconductor devices and solar cells.  Through its SunEdison subsidiary, MEMC is also a developer of solar power projects and a worldwide leader in solar energy services.  MEMC's common stock is listed on the New York Stock Exchange under the symbol "WFR."  For more information about MEMC, please visit www.memc.com.

SOURCE MEMC Electronic Materials, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs