photo: Aurora Biofuels
As I write in The New York Times on Friday, it’s spring cleaning at three renewable energy firms as top executives depart SolarReserve, Clipper Windpower and Aurora Biofuels:
The past week has brought a spate of executive departures at renewable energy startups, with the president of SolarReserve, a power plant builder, and the chief executives of Clipper Windpower and Aurora Biofuels stepping down.
Terry Murphy, a rocket scientist who co-founded SolarReserve after a career at United Technologies’ Rocketdyne division, has started a new venture called Advanced Rocket Technologies in Commercial Applications, or ARTiCA. The firm will evaluate green technologies for entrepreneurs and investors, according to Mr. Murphy.
Mr. Murphy and SolarReserve both said the departure was voluntary. “With the company solidly executing on its business strategies, Mr. Murphy has transitioned to an external role in providing developmental expertise to other early stage clean energy companies,” wrote Debra Hotaling, a spokeswoman for SolarReserve, in an e-mail message.
When Mr. Murphy left Rocketdyne to start SolarReserve, the startup licensed Rocketdyne’s molten salt technology so that its solar power plants could store solar energy for use after the sun sets or on cloudy days.
“SolarReserve, in my opinion, is up and running on all four cylinders,” said Mr. Murphy.
“What I did at Rocketdyne and what I did at SolarReserve and what I’m looking at doing in the future is to sift through technologies to find those that can be commercialized.”
Mr. Murphy’s new firm will focus on technologies involving renewable energy, desalinization and sustainability, he said.
You can read the rest of the story here.