Doug Payne Joins Distributed Sun as SVP of Corporate Development

To Lead Strategic, Affinity and Channel Portfolio Partnerships

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Oct 16, 2012, 10:04 ET

WASHINGTON, Oct. 16, 2012 /PRNewswire/ -- Distributed Sun LLC (D-SUN), a DC-based, commercial developer, platform services provider and investment company manager, today announced the addition of former SolarTech Executive Director and co-founder Doug Payne as D-SUN's new SVP of Corporate Development. Doug will lead and expand key customer, strategic and portfolio partnerships that accelerate the Company's commercial solar deployments nationwide and help drive broader industry access to, and adoption of, D-SUN's project selection and finance solutions. Mr. Payne's work at the helm of one of the nation's more innovative and impactful solar industry organizations brings a breadth and depth of experience in cost, quality, performance, and reliability leadership – those criteria most central to commercial success and longevity within the rapidly growing US solar marketplace.

Mr. Payne has over 20 years of business development and operations experience across solar, semi-conductor, and manufacturing industry sectors. Prior to joining D-SUN, he was the Executive Director of SolarTech, a California-based, leading industry organization focused on removing market barriers to the acceleration and adoption of distributed PV, and among its key initiatives, has been funded by the U.S. Department of Energy "Solar3.0" Process Innovation Platform. Prior to co-founding SolarTech, he built a $50MM commercial solar business for one of northern California's leading solar integrators.

With a track record that informs better practice for data, business and policy models, Mr. Payne has engaged with the White House Office of Science and Technology Policy to accelerate the rate of adoption for distributed renewable energy and securitization of solar assets, and with the United Nations Private Sector Forum: Energy Access for All.

"We're excited to have Doug on team. His experience, relationships, vision and reputation in the industry are valuable and timely additions to our senior management team," says Chase Weir, CEO of D-SUN. "Doug will play a key role in our expansion to the West coast, and help us deepen and grow the Company's most important asset – our trusted partnerships."

"This is a great moment to return to the private sector, and an honor to be welcomed aboard the Distributed Sun team," says Doug Payne, newly appointed SVP at D-SUN. "After leading SolarTech since its 2006 inception through much of this year, and interacting with businesses small and large throughout the solar value chain, the market accomplishments, vision and advantages of Distributed Sun stand out among the field. It's exciting to see a fully integrated business model built for speed and scale and uniquely connecting project origination to finance. This is a rare opportunity to contribute real leadership and direction in an otherwise fragmented marketplace, and a great chance to help Chase, Jeff, and the team continue to build a market-leading company."

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PR CONTACT - For more information, contact Nick Kasza at 202-618-6412, or [nick.k][at]distributedsun.com.

SOURCE Distributed Sun