TYNGSBORO, MA -- (Marketwired) -- 07/16/13 -- Beacon Power, LLC, the world's leading manufacturer of grid-scale flywheel energy storage systems, has hired Jim Brown as its Chief Commercial Officer. Mr. Brown brings over 20 years of international energy industry experience, most recently as Executive VP of Business Development and President of Global Utility Systems at solar industry leader First Solar. While there he oversaw expansion of its business portfolio to where it is now one of the largest companies in the sector. Earlier in his career, Mr. Brown worked in project and structured finance at Chase Manhattan, Société Générale, WestLB AG and HSBC, specializing in the power and energy sectors.
Mr. Brown's responsibilities at Beacon Power will include all areas of product commercialization and business development, including sales and marketing strategy and execution. Barry Brits, Beacon President and CEO, said, "Jim has great experience, strategic insights and a track record of success. Beacon is positioned for growth with industry-leading proven technology and large-scale commercial projects in operation. We're very pleased to welcome Jim to the Beacon team and we look forward to continuing our growth trajectory under his guidance."
About Beacon Power, LLC
Beacon Power provides flywheel-based energy storage solutions for large-scale grid-connected facilities and smaller micro-grid and distributed off-grid applications. Services include frequency regulation, voltage support and integrating renewable energy resources. The company has the largest composite flywheel in commercial operation at 25 kWh, and the largest operational grid-tied flywheel energy storage facility at 20 MW, located in Stephentown, NY. Beacon's headquarters and manufacturing facility are in Tyngsboro, Massachusetts. For more information visit www.beaconpower.com.
President and CEO
Director of Communications
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