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3 October 2008


DayStar appoints VP of corporate development

DayStar Technologies Inc of Santa Clara, CA, USA, which is developing thin-film photovoltaic products based on copper indium gallium diselenide (CIGS), has appointed Patrick J. Forkin III as VP of corporate development, reporting to CEO Dr Stephan DeLuca.

DayStar says that Forkin brings more than 25 years of senior-level experience in equity research, corporate finance, mergers and acquisitions, and strategic planning, as well as extensive experience providing strategic and investment research to large institutional investors and private equity firms.

"Pat has an impressive history of enhancing shareholder value of emerging technology companies," says DeLuca. "His experience in the capital markets associated with the solar photovoltaic and energy technology sectors will help us accelerate the growth of DayStar, as we build out our manufacturing capacity."

DayStar’s plant in Newark, CA was scheduled to receive initial production tools and automation systems in September, and to start ramping up the first 25MW production line in Q1/2009 (aiming to ship the first commercial CIGS-on-glass product modules in Q3/2009).

See related items:

Thin film technology set to top 30% of solar cell market by 2015

DayStar aims to ramp production by Q1/2009

Search: DayStar CIGS Photovoltaics