Thursday February 7, 2019 0 comments
BOULDER -- SunTech Drive LLC., an innovative solar power electronics company headquartered in Boulder, announces that as part of their rapid growth plan, the company has appointed industry veteran Bud Michael as its new CEO.
Michael joined SunTech’s board of directors in September 2018.
“I am thrilled to join SunTech as it transitions to its next phase of business growth,” said Michael. “The capabilities of SunTech Drive’s technology are seemingly boundless, and the company has experienced early wins due to their insightful innovations in the energy sector.
“I’m excited to start working with their dedicated team to help in scaling their business.”
SunTech Drive is a current Innosphere client company and participates in the incubator’s recently launched Scaleup Program for high-growth companies.
Michael has four decades of experience for industry leading hardware and software companies. He has held executive level sales and marketing positions with large, industry-leading product companies including Intel, Tandem Computer, Sequent Computers and KANA Software.
Michael has been CEO at four privately funded technology and data services companies where he led the scaling of these businesses, selling two of these companies for substantial return to the shareholders.
SunTech Drive produces intelligent power electronics that enable edge-of-the-grid AC loads to be effectively powered by solar. SunTech Drive’s products use real-time blending of solar and AC grid power, along with variable speed technology, to eliminate peak demand charges to the consumer and to offset grid power consumption using solar energy.
Through adaptive firmware, SunTech Drive is developing a utility-friendly communication network of power controllers to efficiently regulate load operation.