Entech Solar (OTCBB:ENSL.OB), a leading developer of concentrating solar energy systems, today announced that Jay Worenklein has been appointed to its Board of Directors. Mr. Worenklein’s appointment follows the resignation of Joseph Bartlett from the Board.
David Gelbaum, Chairman of Entech Solar, stated, "Jay Worenklein brings a great deal of business and financial acumen to the Company and will be an invaluable addition to the Board. Joe Bartlett, while stepping down from this position, will continue in his role as legal advisor to the Quercus Trust. I thank him for his assistance these past few months."
Mr. Worenklein served as chairman and CEO of US Power Generating Company (USPowerGen) from 2003 until 2008. Prior to founding USPowerGen, Mr. Worenklein served as a senior banker at Societe Generale and at Lehman Brothers. He previously was a partner at Milbank Tweed Hadley & McCloy, where he began the firm's power and project finance practices. Mr. Worenklein is currently a member of the Board of Directors of Ormat Technologies, Inc., of GridPoint, Inc., and of Entegra Power Group.
About Entech Solar
Entech Solar is a leading developer of concentrating solar energy systems. Entech designs modules that provide both electricity and thermal energy by utilizing its proprietary concentrating photovoltaic technologies in its SolarVolt™ and ThermaVolt™ systems, both of which produce cost-competitive distributed energy for a variety of commercial and industrial applications. For more information, please visit www.entechsolar.com.
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