Western Wind Energy names Salama as subsidiary CEO
2007-12-11 03:50 MT - News Release
Mr. Jeffrey Ciachurski reports
APPOINTMENT OF NEW PRESIDENT OF SOLAR GENERATION INITIATIVE
Western Wind Energy Corp. has named George Salama as president and chief executive officer for its new subsidiary Western Solargenics Inc. Western Solargenics is a wholly owned subsidiary of Western Wind Energy, developing over $250-million of solar projects in California, USA, and Ontario, Canada. The projects are utility-size projects with prospective customers such as Southern California Edison and Ontario Power Authority. The subsidiary's unique approach of integrating the wind and solar technology distinguish Western Wind Energy and assures a very desirable generation profile for its projects, while maximizing the land use.
Over the past 15 years, Mr. Salama has led the development of over 2,000 megawatts of power projects in the United States, Canada and around the globe. Prior to joining Western Solargenics, Mr. Salama was with Southern California Edison where he led the negotiation of over 140 megawatts of renewable power projects including solar, wind, geothermal and biomass.
Mr. Salama is a professional electrical engineer and has extensive experience in power generation development with several major corporations such as Kansas City Power & Light, Westinghouse Power Generation, and other majors.
Granting of stock options
Western Wind Energy wishes to announce that it has granted stock options to an officer of the company to purchase 275,000 options exercisable at a price of $1.32 for a period of five years from the date of grant.