Michael R. Peevey Appointed to the Solaren Board of Directors

June 6, 2023

MANHATTAN BEACH, June 6, 2023 – Solaren Corporation (“Solaren”) announces that Michael R. Peevey has been appointed to the Solaren Board of Advisors, effective immediately.

Solaren President & CEO, Gary T. Spirnak said, “Michael Peevey brings a wealth of knowledge to Solaren’s board, including his vast experience as a former corporate officer at a Fortune 500 company, an entrepreneur, and the key government energy regulator in California.”

Michael Peevey has worked all the facets of California energy. Mr. Peevey was the former president of Southern California Edison Company. He co-founded New Energy Ventures, an energy supply and services company, that was later sold to AES. Michael Peevey was the former president of California’s most powerful energy regulatory agency, the California Public Utilities Commission (CPUC). As CPUC President, Mr. Peevey was the key energy advisor to several California governors.

“Michael Peevey has been a force in enabling new sources of power, and his experience will be a key asset as Solaren develops, builds, launches and operates the world’s first commercial space solar power plant in this decade,” said Gary Spirnak

About Solaren

Headquartered in Manhattan Beach, California, Solaren is an energy and aerospace company that is principally engaged in the research, design, development, integration and operations of Space Solar Power plants, and the sale of clean, baseload, space solar electricity.

Solaren’s patented Space Solar Power plants will generate zero emission electricity from space that is cost competitive with any terrestrial source of baseload electricity. In the coming decade, Solaren’s Space Solar Power development program will validate all aspects of our SSP Plants

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