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
Lake Mary, FL., March 8, 2011 – 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.
“ESA is the only company to offer a solar power production guarantee of this type,” said Jeffrey Burkett, President of ESA Renewables. “We stand behind our solar energy projections whether or not we constructed or commissioned the solar farm.”
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.
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).
“Our cutting edge Monitoring System, Power Production Guarantee Program and commitment to achieving maximum energy production sets ESA apart from other service providers. Whether your power plant is two, five or ten years old, ESA can help you maximize your ROI, continued Burkett.”
ESA’s proprietary monitoring and control system is used to manage O&M services. The monitoring system can be integrated into any renewable energy installation allowing 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, resulting in maximum energy output with minimal expenses.
About ESA Renewables, LLC:
ESA Renewables has positioned itself as a leader in the industry providing turnkey solar PV systems globally. ESA owns and operates a diverse portfolio of more than 500 solar PV power generating facilities located in the United States, Puerto Rico, Spain and Italy. ESA’s scope of services includes financing, engineering, construction, testing and operation and maintenance. With headquarters in Castellon Spain, ESA has additional offices in Florida, North Carolina, Puerto Rico, Canada, France and Italy. For more information about ESA Renewables, LLC, please visit http://www.esarenewables.com or call 407-268-6455.
ESA Renewables, LLC