Standard Solar Hires New Senior VP For Structured Finance

• Standard Solar has hired Peter Coleman as company's Senior VP, Structured Finance
• The company hopes Coleman's experience will help the company expand its business of financing distributed generation solar projects in the US
• Coleman previously worked with CleanChoice Energy and SunEdison

Peter Coleman has joined the team of  Standard Solar, Inc. as its Senior Vice President, Structured Finance. The Maryland, US based commercial and industrial distributed generation (DG) solar PV developer and financier, says this expansion of its leadership team will help in its rapid growth.

Previously, Coleman worked with CleanChoice Energy and was responsible for the development and financing of over 100 MW of DG solar projects across the country. Before CleanChoice Energy, Coleman was with SunEdison and actively led the IPO of company subsidiary TerraForm Power and was also looking at acquisition and financing of solar, wind and hydro projects in developed and emerging markets.

"Peter brings a wealth of experience to our finance team and we look forward to his contributions as we grow and expand our business of financing distributed generation (DG) solar projects around the country," said Standard Solar President and CEO, Scott Wiater.

Standard Solar is owned by US energy provider Energir and claims to have installed financed and maintained more than 100 MW of solar power capacity in the country.