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People, money and deals: 2 – 6 March 2009

handshakeWho’s moving and who’s wheeling and dealing in the cleantech sector? Here are some of the week’s top developments:

  • Solar products manufacturer Energy Innovations has named Joseph Budano (PDF) as CEO;
  • Aurora Biofuels has named Bob Walsh as its new CEO;
  • FirstEnergy this week announced the results of its reorgnisation and workforce reduction;
  • Concentrating solar energy firm Entech Solar announced a restructuring this week to control costs;
  • Former SunPower COO PM Pai has joined Suniva Inc.’s board of directors;
  • Intermolecular this week hired Craig Hunter as vice president and general manager of solar business;
  • NRG Energy acquired Reliant Energy’s retail energy business in Texas for $287.5 million (US);
  • First Solar acquired Opti Solar’s solar-energy project pipeline, with a potential capacity of more than 20 gigawatts;
  • Spain’s Fotowatio this week purchased MMA Renewable Ventures, giving the firm a new foothold in the US solar energy market.

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