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Innolith Appoints Stephen Wiley as US Vice President

May 14, 2019

BASEL, Switzerland--(BUSINESS WIRE)--May 14, 2019--

Innolith, a leading Swiss battery technology company, today announced the appointment of Stephen Wiley as the company’s new Vice President for US Business Development. A senior management executive with experience in the origination, development and operations of renewable power, Wiley will lead Innolith’s sales and marketing in the United States as the company continues to grow.

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Innolith Appoints Stephen Wiley as US Vice President (Photo: Business Wire)

Wiley brings over three decades of expertise in various roles within the renewable power industry in the US. Prior to joining Innolith, he worked as the Senior Director for Origination at battery company Younicos in Austin, Texas. There, he was responsible for originating new business, completing commercial negotiations with Panasonic, National Grid and others. Wiley also previously served as Senior Vice President for US Development at BrightSource Energy, where he managed a large team to complete the development of the largest CSP facility in the US.

“The US represents the largest single market for energy storage during the next decade and we needed a top professional to join our ranks,” said CEO Sergey Buchin. “Stephen’s impressive list of achievements within the renewable power industry in the US makes him ideal to lead the company’s growth in the US. We’re all looking forwards to him joining the Innolith team and working with him closely as the company continues to develop.”

Wiley obtained a BSc in Petroleum Engineering, before going on to receive a Master of Business Administration-Finance at the University of Texas. His areas of expertise include emerging generation technologies, project development and market strategy.

About Innolith

Innolith AG is an energy technology company, headquartered in Basel Switzerland, that is pioneering an inorganic battery technology platform which provides high power, long cycle-life and safe batteries. Innolith conducts primary research at its labs in Bruchsal, Germany and its technology is already deployed on the PJM network in the US for frequency regulation.

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CONTACT: For further information please contact:

James Kennedy

James.kennedy@innolith.com

+44 7809 495759

KEYWORD: EUROPE SWITZERLAND

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY OTHER ENERGY

SOURCE: Innolith

Copyright Business Wire 2019.

PUB: 05/14/2019 08:00 AM/DISC: 05/14/2019 08:01 AM

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