Premier Power Renewable Energy · OTC:PPRW
Premier Power Renewable Energy — Q3 2010 Earnings Presentation
24 slides from Premier Power Renewable Energy's earnings presentation, Nov 16, 2010
Slide 1: Premier Power
ie Premier Power
Slide 2: Forward Looking Statements
#PemiesPover — Forward Looking Statements This presentation contains forward-looking statements within the meaning of the federal securities laws. Such statements are based upon the current beliefs and expectations of Premier Power Renewable Energy's management and are subject to significant risks a
Slide 3: Who We Are
®rremierPover | Who We Are A Global Builder of Solar Electric Generating Power Plants Leading Integrator of Solar Photovoltaic Systems for Commercial, Utility, Government and Residential Applications: OUR PROJECT PORTFOLIO INCLUDES 1000+ PV projects built Investment Highlights Three pronged business
Slide 4: idTe- panels SMW
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Slide 5: What We Do
Wrremier Power | What We Do system Specifi Technolgy Laterza - Italy 1MW completed & 2M under construc n Puglia | Italy ‘uv spo prt cote in, Toon tee orc’ poopy anew cng cna he Gnd, rm Poveda racing eat tached oe ‘ground via 1m long (3 feet) steeL screws, using no concrete o providing any major inte
Slide 6: CLE a
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Slide 7: Select Customers
W#rremierPover Select Customers Utilities Commercial Pacific Gas and sth, Electric Company” Sierra Pacific Government @ OTIS Elevators CHATEAU MONTELENA WINERY SPOTTSWCODE Education & " (CHAPPELLET Boney (imei MAMMA Que Bp SIEMENS PUMA mi
Slide 8: Where We Fit
rremierPover | Where We Fit Module Manufacturing Global Footprint Utity!Central Generation >t MW Distributed Generation <1 MW Residential < 100 KW Distribution premier Power @ex MMMM ©) EP Scr soungrove ve SolarCity
Slide 9: EPC++ Business Model
#rremierPover EPC-++ Business Model Premier Power continues to successfully augment its traditional EPC business model with value-added services \ Project Asset Management \/Project Finance * Project Development * Integrated non-tecourse —« Hontoring project finance \L Project + REC management Imple
Slide 10: Three Distinct Solar Markets
remixer | Three Distinct Solar Markets Utility / Wholesale (Central Generation) Characteristics: Utility wholesale purchasers Greater han (MW Ground mount Europe: Well established market, Capped in Spain Emerg i aly, France, Czech Republi, Eastem Europe North Americ: Emerging market in US. Commercia
Slide 11: Our Business Segments
¥rremerrover — Qur Business Segments North America Distribution: Low Margin (<10%) Commercial Rooftop: Mid Margin (~15%) Utility Scale: Mid Margin (12%-15%) Residential: ‘Smaller Projects with Higher Margin (>15%) 2009 - 45% of Revenue Distribution: Low Margin (<10%) Commercial Rooftop: Mid Margin (
Slide 12: Market Strategy
rremierPover — Market Strategy Premier’s projects generally fall into 3 size ranges: Distributed generation 0.5- 1.0MW Rooftop/Ground Utility “middle market” 1.0- 5.0MW Ground Utility central generation 5.0 - 20.0 MW Ground Over 60% of our development activities fall into the “middle market” categor
Slide 13: Global Electricity Prices
Slide 14: 2009 & 2010 Forecast in MWs
W#rremierPover 2009 & 2010 Forecast in MWs Key Premier Power Markets i France 4 China Belgium 2009 92010 ‘Source: European Photovoltaic Industry Association — www.epia.org
Slide 15: U.S. v. Italy Market Drivers
#remierrover | U.S, v. Italy Market Drivers European Driver is Economics, U.S. Driver is Public Policy 9.3¢/kWh ($1.80/w) 10.3¢/kWh ($2.00/w) us. UGridParity Federal Benefits 32.5¢/kWh htaly w State Policies Market Comparison US. electric utility rates average 10.3cents/kWh (range 6-20c/kWh) vs. 32.
Slide 16: Growth Strategy
#remierPover Growth Strategy Near Term Continued Focus on European Opportunities Italy: Continue building our large-scale PV projec pipeline, enhance our rooftop business Other Continue building 19 MW Czech pipeline Europe: Use DVAC to serve emerging markets in easter Europe Continue extended paymen
Slide 17: European Market Strategy
Wirremicr Power | European Market Strategy Premier Power's European Market Strategy: Be a dominant player in the rooftop markets Capitalize on Greenfield opportunities, when present, supported by distribution into new markets Greenfield Projects Commercial Rooftops Distribution Margin High Meum Lowe
Slide 18: Greenfield Opportunities
#rremierrower | Greenfield Opportunities Greenfield Opportunity A Greenfield Opportunity or Greenfield Project is a “solar power plant’ that is connected directly to the electric grid, not to the electric infrastructure of a commercial facility. It is a stand-alone power plant These power plants are
Slide 19: Greenfield Opportunities
#rremierrower | Greenfield Opportunities Local developer ld c engineering Bull onmect commissioning Atecmical project. MIRTH the ating specie cS Premier Power
Slide 20: Greenfield Opportunities
#remierrover | Greenfield Opportunities Benefits to the buyer: Low risk, high retum investment 15%+ levered annual IRR 20 year Feed-in-Tariff backed by federal law Good predictability of sunlight E Benefits to Premier Power: Higher margin than EPC and distribution no bidding Repeat buyers Large purc
Slide 21: Quarterly Revenue
#remierPover Quarterly Revenue Quarterly Revenue nay 2008 was based on strang U.S. Commercial Growth 1Qiis seasonally our slowest quarter tn 2009 we redesigned our business to focus more on European opportunities and in the U.S we felt the effects of the economic downturn tn 3Q09 we acquired our Ita
Slide 22: Historical & Projected Growth
¥rremerrover — Historical & Projected Growth Revenue Growth -asof9/3072010 Joz:se0 lars 2007 2008-2009 Revenue 2010 Growth in Commercial Business 200612007: Primarily residential focused 2008/2009: The push in to commercial and development of high-margin greenfield opportunities Increasing Project &
Slide 23: How We Recognize Revenue By Segment
WePremier Power How We Recognize Revenue By Segment EPC (Commercial, Utility, Residential): % of completion Distribution: Upon delivery osm Ratable EPC (Commercial, Utility Residential): % of completion Distribution: Upon delivery osm Ratable Greenfield Upon connection to power grid (current project
Slide 24: Experienced Management Team
#rremierrover | Experienced Management Team 25 years as an active participant in the solar industry. President & CEO of Bright Future and Premier Power California, Trident Systems, Simply Solar, Servamatic Solar Systems. Dean R. Marks Chairman, CEO & President EVP and President of world wide sales a
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