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Thursday, July 15, 2010

Wilson TurboPower changes name, appoints law vet as CEO

By Kyle Alspach

Wilson TurboPower Inc. has changed its name and CEO to go with its new focus on solar technologies, the company announced Thursday.

The Woburn-based company is now known as Wilson Solarpower Corp. The company has also named Doug Zingale, a veteran of several large law firms, as the new CEO. Former CEO Bruce Anderson will remain as president and chairman of the company.

In May, the company received an award from the U.S. Department of Energy to develop a concentrated solar power (CSP) system capable of providing low-cost electrical power. The award is worth up to $3.7 million over five years.

CSP technologies concentrate the sun’s energy and capture the energy as heat, which then drives an engine or turbine to produce electricity. The Wilson CSP concept, however, involves using the sun’s energy to heat air, rather than water as in most other systems, according to the company.

Wilson’s previous focus was on building a new type of heat exchanger, using MIT-patented technology, that the company said would offer energy savings for many industrial processes.

Zingale has previously worked at law firms Mintz Levin, Greenberg Traurig and Foley Hoag, where he was an advisor to companies seeking to raise venture capital, according to the announcement.





 

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