Mobile green battery start-up Carbon Neutral Energy (CNE) has brought in a high-powered team to establish and grow its US business.
The hybrid power company has hired Michael Dumas as chairman and Stuart Nelson as chief executive of its CNE (USA) subsidiary.
CNE is fast-tracking its overseas expansion due to the huge demand for energy storage systems to add capacity and stability to the electrical grid and prevent emergencies like the loss of power in Texas earlier this year.
Using a range of mobile, modular battery energy storage systems, CNE aims to increase green electrification and reduce carbon emissions, accelerating the world’s net-zero ambition.
Shipping and maritime sector expert Mr Dumas joins from Maritime Holdings where he was president and CEO.
He also held the role of chief financial officer for Intermarine, which specialises in marine heavylift and project cargo.
His career has spanned corporate finance and business development with Freeport McMoRan Copper and Gold, including acting as liaison head for Rio Tinto Minera in Madrid, Spain.
Mr Nelson used to be president of Cameron International’s flow control division.
He has extensive experience in leading manufacturing, sales and service of multiple product lines for the energy industry.
CNE chairman and interim CEO Mark Patterson said: “With the huge opportunity ahead, the ground-work already carried out by the UK team in the last 18 months and the appointments of Michael and Stuart, CNE is well placed to capitalise on the massive market opportunity across the US for our products.
“We are thrilled to have attracted two high calibre executives with the expert knowledge, drive and the enthusiasm needed to make the most of the opportunity in America.”
Mr Patterson will also take an active role on the CNE (USA) board and will be a significant shareholder in the new entity.
CNE (US) will be based on Post Oak Blvd, Houston.