Carbon Neutral Energy (CNE) expand in to the American market and has bolstered its USA launch with the appointment of a top tier team to run the USA business.
With the huge opportunity ahead, CNE believe with the work that the UK team has carried out in the past 18 months & the product range that has been created, with the right team in place in the USA, this will provide a great opportunity to grow their business and roll out the CNE product range across the USA.
CNE can now confirm their new Chairman & Chief Executive Office to its USA business, Michael Dumas, will take the seat of chairman of CNE (USA) and was CFO for Intermarine from 1997 to 2020 and was CEO of Maritime Holdings, Delaware (MHD) from 2017 to 2021. Intermarine and MHD specialized in marine heavylift and project cargo. Mike has a deep understanding of international shipping, port and terminals and operations of multiple maritime sectors, including a global industry network of operators and owners. He has a broad career including corporate finance and development with Freeport Copper and Gold and acted as country liaison head for Freeport at the Rio Tinto Minera operations in Spain.
Stuart Nelson, will take the role of Chief Executive Officer of CNE (USA) is the former President of Cameron International’s Flow Control Division, an industry leading supplier of land and subsea chokes and actuation for the oil & gas business. Stuart has experience leading manufacturing, sales and service of multiple product lines to the energy industry. Stuart’s career included management of Cameron Drilling Pressure Control, a $2b product line of Schlumberger within Drilling Systems, as VP and General Manager. Lived and worked internationally in Singapore, Kuala Lumpur, Jakarta, United Kingdom, USA and Abu Dhabi.
Chairman & Interim CEO for CNE (UK) Mark Patterson says “We are delighted with these appointments and are very excited about the opportunity that lies ahead in the USA market these are two extremely capable people who are enthusiastic about what CNE has to offer. Mr Patterson will also take an active role on the board and will be a significant shareholder in the new entity.
The expanding hybrid power company, seeking to raise £300 million in a multimillion-pound market, has developed a revolutionary energy storage solution that meets the growing challenge of storing and using electricity produced from renewable sources. CNE’s eGen range offers large capacity battery storage from 1MW to 5MW in the form of a mobile unit with a suite of smaller static modules that can also be combined to create large energy storage which can be customised to meet any size of customer power requirements at any location, potentially creating gigawatt storage systems., CNE aims to increase green electrification and reduce carbon emissions, accelerating the UK’s net-zero ambition. This fulfils the demand for mobile power storage with no unnecessary pollution in this era of electrification.”
Stuart Nelson CEO of CNE USA said “We have been so impressed with the CNE UK team their commitment and drive to develop this opportunity has been amazing and I am personally very excited to be working with the Patterson family who I have known and respected for many years.
USA is ready for significant battery storage projects and we are very excited about developing the USA market with the exciting range of eGen products. In meantime we will look to manufacture here in Texas and are currently looking at various facilities & how we will strengthen our management team going forward.
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