Accomplished solar leaders join company as it marks one year of expanding team, project pipeline

Tucson, Ariz., August 26 2013: SOLON Corporation, a leading provider of solar energy solutions in the North America, announced today the hiring of two veteran leaders in the solar industry. John Kintz has become managing director of the project finance group, responsible for commercial and utility-scale solar project financings, and Jeff Calabro has taken on the role of senior director of procurement and acquisitions.

"Over the past year, we have been expanding SOLON's business development team and pipeline of projects on a national scale," said Jared Schoch, vice president and general manager of SOLON Corporation. "As we continue to build our business, it is vital that we expand our relationships with suppliers and investors. John and Jeff are proven veterans that match our values and have the ability to execute against our goals and elevate our business to the next level."

Before joining SOLON, Kintz was a director of project finance at SunPower Corporation where he negotiated, arranged and closed over 400 megawatts (MW) of solar transactions in North America. Prior to SunPower, Kintz was vice president of portfolio trading & acquisitions at Bank of America, responsible for acquisitions, sales, and restructurings of tax-oriented asset-backed leases and loans.

Calabro was senior director of procurement and asset management at PsomasFMG prior to SOLON. He has over 14 years' experience in the photovoltaic industry and has held positions in sales, procurement, product management, operation start-up, project management and project development. Calabro has worked for Kyocera Solar, Canadian Solar, SunEdison, and Amonix. He has effectively negotiated multi-million dollar supply agreements and over the course of his career has been directly involved with the procurement of over 300 MW of PV module supply.

As part of its expansion, SOLON is actively acquiring, partnering and supporting other solar development companies and projects throughout the United States in developing, financing, designing, procuring, constructing and servicing solar power plants. The company targets the 1-20 MW large distributed and small utility-scale markets.

About SOLON Corporation:
SOLON Corporation (www.SOLON.com) is a leading provider of utility-scale and large commercial photovoltaic (PV) system solutions to the North American market. SOLON delivers complete and cost-effective turnkey PV systems to its partners with a streamlined approach from project development, design and construction to financing and operation. With corporate offices in Tucson and Phoenix, AZ, and regional hubs in California, Florida, New Jersey and Puerto Rico, SOLON is driven by a passion for innovation and a commitment to providing superior solar solutions with unrivalled quality and reliability. Founded in 2007, SOLON Corporation is a subsidiary of the SOLON Group, a leading international provider of solar solutions for residential, commercial and utility-scale applications. The SOLON Group, one of oldest pure play solar companies in operation, was established in 1996 and operates subsidiaries in Germany, Italy, Australia, India and the U.S. For more information, visit http://www.SOLON.com.