SolarCity, a provider of solar financing, design, installation, monitoring and energy efficiency services, has appointed Robert Kelly as chief financial officer (CFO). Kelly, who brings more than 25 years of business and finance experience to SolarCity, will be responsible for managing the company’s financial affairs and will oversee its corporate and project finance and accounting organisations.
Kelly held a variety of financial management roles during his 14-year tenure at independent power producer Calpine, culminating with four years as CFO and executive vice president (EVP). He managed Calpine’s initial public offering and helped to grow the company’s electricity generation capacity from less than 1 megawatt (MW) to more than 25,000 MW. Following his time at Calpine, Kelly provided financial advice to retail energy providers and power developers. He most recently served as CFO of Calera, a clean technology company focused on reducing carbon dioxide (CO2) emissions by converting CO2 into useful materials.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.