Dennis Danzik, CEO of Solverdi, said: “Solverdi continues to grow through contractual efforts in delivering renewable energy and sustainability worldwide. The development of our Cyprus office has taken eight months and substantial work from our key management in Australia and the US.
Mr Ozbalfi brings with him business experience having formed large textile and garment manufacturing companies in Cyprus and Turkey, with exports to the US, the UK and other European countries. In addition, he has founded Lara Chemical, which currently manufactures cleaning chemicals and cosmetics.
Mr Danzik added, “We welcome Mr Ozbalfi to Solverdi at an exciting time of growth for our company. To attract and secure the efforts and counsel of an executive the caliber of Hasan is rare and a privilege. With Hasan’s combined scientific and business background, he will help to support and promote our company’s core strengths.
“Mr Ozbalfi has the ability to quickly expand Solverdi’s business presence and carries the experience to manage the growth for our shareholders.”
The Solverdi Process leverages its renewable fuels and specially engineered equipment with the use of amplified solar energy to supply electricity to an industrial or commercial building’s power supply, the company said.