First Solar Hires Bruce Yung as Managing Director & VP of Business Development, China
BEIJING & TEMPE, Ariz.--(BUSINESS WIRE)--
First Solar, Inc. (Nasdaq: FSLR) today announced that Bruce Yung has
joined the company as Managing Director and Vice President of Business
Development for China. In his new role, Yung will be based in First
Solar's Beijing office and report to Jim Brown, Executive Vice President
of Global Business Development.
Yung has 25 years of experience in the energy industry throughout Asia
and Europe, spanning oil, gas, coal, power and renewable energy. Most
recently, Yung was Managing Director of China Renewable Energy
Investment Limited, a renewable energy company focused on China. Prior
to that, he held senior positions in business development, mergers and
acquisitions, asset management and strategy with leading global energy
companies such as British Petroleum, Entergy Power Group and British Gas.
"Bruce's extensive and diverse global experience across the energy
industry will be a valuable asset to First Solar and our customers as we
continue to grow and invest in the Chinese market," said Brown. "His
first-hand knowledge of the entire power life-cycle, from development to
operation, will help us to expand the market for utility-scale solar PV
power plants in China and to deliver value to Chinese solar power
producers."
"I am excited to lead First Solar's effort to bring its leading
thin-film technology and unparalleled experience in utility-scale solar
to the Chinese market in order to help China reach its ambitious
renewable energy goals," said Yung.
Yung earned BS and PhD degrees in chemical engineering from the
University of Birmingham and an MBA from Henley Management College in
the United Kingdom. He is currently Vice Chairman of the Energy
Committee at the American Chamber of Commerce in Hong Kong and Co-Chair
of the Renewable Energy Chapter of the Independent Power Producers Forum.
About First Solar
First Solar is a leading global provider
of comprehensive photovoltaic (PV) solar systems which use its advanced
thin-film modules. The company's integrated power plant solutions
deliver an economically attractive alternative to fossil-fuel
electricity generation today. From raw material sourcing through
end-of-life module collection and recycling, First Solar's renewable
energy systems protect and enhance the environment. For more information
about First Solar, please visit www.firstsolar.com.
For First Solar Investors
This release contains
forward-looking statements which are made pursuant to the safe harbor
provisions of Section 21E of the Securities Exchange Act of 1934. The
forward-looking statements in this release do not constitute guarantees
of future performance. Those statements involve a number of factors that
could cause actual results to differ materially, including risks
associated with the company's business involving the company's products,
their development and distribution, economic and competitive factors and
the company's key strategic relationships and other risks detailed in
the company's filings with the Securities and Exchange Commission. First
Solar assumes no obligation to update any forward-looking information
contained in this press release or with respect to the announcements
described herein.
Media
Burson-Marsteller for First Solar in China
Huang Xue
+86-10-5816-2555
xue.huang@bm.com
or
First
Solar
Ted Meyer
+1 (602) 427-3318
ted.meyer@firstsolar.com
or
Alan
Bernheimer
+1 (415) 935-2499
media@firstsolar.com
or
First
Solar Investors
+1 (602) 414-9315
David Brady
dbrady@firstsolar.com
or
Ryan
Ferguson
rferguson@firstsolar.com
or
Ora
Crossley
ocrossley@firstsolar.com
Source: First Solar, Inc.
News Provided by Acquire Media
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