SOLAR O&M PROVIDER GUARANTEES PRODUCTION

ESA Renewables Initiates Solar Power Production Guarantee Program for O&M Division; New program guarantees specific monthly energy production for solar energy generating systems under an ESA operation and maintenance (O&M) agreement
8 March 2012 (ESA Renewables)

"ESA Renewables, (ESA), a leading turnkey solar solutions provider, announced the launch of their Solar Power Production Guarantee. This new program guarantees specific monthly energy production for solar energy generating systems under an ESA operation and maintenance (O&M) agreement. Should the photovoltaic system fail to meet ESA’s annual guaranteed power production levels, ESA will compensate the solar farm owners the difference between guaranteed and actual energy generated…

"Once an asset manager contracts with ESA for O&M, engineers will visit the solar farm and perform a complete audit and analysis. To make projections for future production levels and guarantee that rate on return, ESA will analyze current and historic data including energy production levels, panel and inverter compatibility, ratios, high efficiencies, tilt of panels and weather variants."

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"Upon completion of the audit, ESA will make any necessary system upgrades and install their renewable energy Monitoring System. The company will then chart projected production levels and execute a guarantee with the facility owners to meet these expectations. Should a system fail to reach projected levels, for any reason, ESA will compensate the renewable energy plant owners the variance between the two numbers based on a set cost per kilowatt hour (kWh)…

"ESA’s proprietary monitoring and control system is used to manage O&M services…[It allows any renewable energy] plant owners and operators access to simplified, centralized, reliable and secure historical and real-time data from the power plant. Effective monitoring reduces PV system downtime, increases performance and allows operators to make informed decisions as to O&M servicing. ESA’s monitoring solution also automatically alerts system managers of events to allow for quick response…"