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SolarNet Names Kevin Shimokobe CEO

Posted on: Sat, 31 Oct 2009 23:26:00 EDT

Symbols: ZZFNV

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Oct 31, 2009 (Close-Up Media via COMTEX) --
ZZFNV | Quote | Chart | News | PowerRating -- SolarNet, a distributor and integrator of photovoltaic (PV) systems, announced that Kevin Shimokobe has been named CEO.

Comprised of system distributor DC Power Systems and systems integrator Stellar Energy, SolarNet was acquired in April 2009 by Itochu. Shimokobe is currently CEO of Solar Depot, a wholesale distributor of solar systems, which joined Itochu through acquisition in 2007. Going forward, he will serve as CEO of both SolarNet and Solar Depot in anticipation of an eventual merger of the two companies.

Itochu supplies manufacturing equipment to solar module manufacturers globally and is involved in the systems integration, financing and development of solar energy projects in various countries.

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