Industry veteran set to lead expansion of commercial and utility-scale solar power plants as company hires aggressively

Tucson, Ariz., August 21, 2012: SOLON Corporation, one of the largest providers of turnkey solar power plants and photovoltaic (PV) products in the United States, today announced the hiring of Jared Schoch as Vice President and General Manager of the Power Plants business. Schoch will oversee the company's commercial and utility-scale power plants and focus on expanding SOLON's power plant business in the Americas.

"Jared's demonstrated leadership in developing and expanding energy services markets makes him the ideal person to lead SOLON's power plants unit at a time when we are highly focused on our national expansion plans," said Dan Alcombright, President and CEO of SOLON Corporation. "SOLON is aggressively hiring, with open positions to support its business expansion throughout the United States."

Prior to joining SOLON, Schoch spent four and a half years dramatically growing SunEdison's commercial and utility-scale solar development businesses throughout the United States, most recently as a Managing Director. Previously, he spent nearly six years as a leader in business development at Johnson Controls in energy efficiency services, and prior to that as a marketing consultant launching various products and services in the high tech space during the 1990s. Jared has managed over 1 GW of solar project opportunities working with utilities, school districts, cities, counties, hospitals, federal agencies and industrial clients throughout the United States.

"I relish the opportunity to help expand on SOLON's success in the Southwest and chart a path to become one of the top solar developers in the country," said Schoch. "SOLON has delivered the right solutions at the right time for the last 15 years. Not many companies have done that consistently, and I believe we will continue adding the right ingredients to keep doing that for years to come."

SOLON has built nearly 100 MW of commercial and utility-scale solar power plants mostly in the sun-drenched states of Arizona, California and Colorado. Its power plant business offers turnkey solutions including development, design, finance, engineering, procurement, construction, monitoring and operations and maintenance services.

About SOLON Corporation:
SOLON Corporation (http://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 NA headquarters in Tucson, AZ and offices in Phoenix and San Francisco, 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 and the U.S. with more than 600 employees worldwide. SOLON has installed over 300MW worldwide and almost 100MW in the U.S. For more information, visit http://www.SOLON.com.