meteocontrol Launches North American Operations, Announces 3 Gigawatt Milestone

ALAMEDA, Calif., June 30, 2011 /PRNewswire/ -- meteocontrol, the global leader in solar performance products and services, today announced a significant push to bring its solar monitoring, management and operations technologies to North America. As the industry's leading provider of third-party solar performance monitoring technology, meteocontrol now monitors more than 3.3 gigawatts across 22,000 PV systems with services encompassing the entire PV value chain.

Headquartered in Alameda, Calif., meteocontrol North America's technical services portfolio provides a full spectrum of solar services to increase solar yield and optimize energy production, thereby maximizing customer return on investment (ROI). Its services include bankable energy yield reports, solar energy forecasts, PV system monitoring with real-time reporting and analytical tools, technical due diligence, onsite construction supervision and acceptance and operations management.

"We're bringing the world's top solar services and industry expertise to North America, which is primed to be the next major market for solar energy. meteocontrol is poised to be the leading provider of monitoring and performance services throughout the U.S. and Canada," said Benjamin Compton, chief operating officer and VP of commercial operations for meteocontrol North America. "Solar producers must achieve optimal yields as market competition increases – we're focused on supporting our clients by providing greater value, ensuring the highest quality installations, and improving yield and overall bankability for our partners."

meteocontrol North America supports several of the nation's most innovative solar projects, providing detailed yield analyses and system monitoring reports, which give investors vital information about the bankability of their solar projects ranging from overall plant production down to individual component functionality.

"meteocontrol helped us design a custom monitoring system that provides the information our investors require to monitor energy yield numbers, and helps us coordinate our field operations to optimize energy production," said Marc Reimer, managing director of SunCarrier LLC, which is partnering with meteocontrol North America as part of its Arizona-, New Mexico- and Ontario-based, eco-friendly solar farms. SunCarrier has installed 120+MW of its tracking technology, which is up to 35 percent more productive than traditional fixed-tilt systems (http://www.af.net).

Founded in Augsburg, Germany in 1998, meteocontrol has hundreds of customers and owns nearly 20 percent of the global market share of monitored solar power plants. The company has provided technical services for PV systems with an investment volume of more than $10 billion. meteocontrol's 3.3 GW monitoring is more than the entire United States 2.1 GW cumulative PV grid-connected capacity through the end of 2010.

About meteocontrol North America

meteocontrol North America is the leading global provider of performance monitoring software and hardware, bankable energy yield reports, technical due diligence and operations management services for photovoltaic installations. meteocontrol currently monitors more than 3.3 GW in over 22,000 PV systems worldwide, and has provided energy yield reports and quality assurance services for projects with more than $10 billion in investment capacities. The firm currently provides asset management and operations management for more than 100 MW of PV projects.

SOURCE meteocontrol