solar energy services as reliable as the sun.

Transcription

1 solar energy services as reliable as the sun.

2 1 sunedison solar. from an idealistic dream to an economic reality.

3 economically viable, Clean energy today for a better tomorrow. With increased pressure to be environmentally and economically responsible, more and more organizations are realizing the benefits of implementing renewable energy. Nowhere is this more evident than with the use of solar energy one of the most economically viable and reliable renewable energy resources. Solar energy is abundant, is clean, and has zero emissions. Better yet, solar offers economic benefits such as predictable pricing that is often below retail energy rates, while providing a longterm hedge against volatile market pricing. Solar is an economically viable renewable energy resource. Furthermore, solar energy is most effective during times of peak demand when conventional energy is the most expensive. And because solar power plants can be permitted and installed more quickly than other renewable or traditional power plants, energy savings can be realized faster. Solar offers economic benefits such as predictable pricing, providing a long-term hedge against volatile fuel markets. Solar even provides localized and tangible benefits, such as the creation of green jobs. In fact, it creates more jobs per megawatt hour than any other type of renewable energy. Installing solar demonstrates environmental stewardship, social responsibility, and a solid commitment to a sustainable energy future. Solar energy generated at the point of consumption (distributed generation) is costefficient and reduces stress on the grid. It also promotes national energy independence, and mitigates national security concerns about energy disruption. SunEdison s experience creating solar energy solutions that are as economically beneficial as they are environmentally friendly makes us a global leader in solar energy services. sunedison 2

4 3 sunedison revolutionizing the solar industry one kilowatt hour at a time.

5 solar success based on innovation, service, and trust. SunEdison was founded with the goal to be the world s premier resource for economically viable, turnkey solar energy solutions. By packaging solar as a service, what we have achieved is nothing short of revolutionary changing the way the solar industry operates. Innovation is the game changer. By placing innovation at the core of our business model, we ve achieved many firsts in the industry. Most notably, we ve commercialized the Power Purchase Agreement (PPA) model for solar, and enabled solar implementation without capital outlay from our customers. This model gives customers all the benefits of solar-generated electricity fixed-rate energy pricing, a long-term hedge against rising energy costs, and a positive environmental image without the burden of owning and maintaining the hardware. Our innovative spirit is evident in our proprietary monitoring systems, the SunEdison Energy and Data Systems (SEEDS ) and our Renewable Operations Center (ROC). In fact, the combination of our monitoring technology, around-the-clock monitoring staff, and service crews is so effective in reducing system down time that we regularly achieve energy over-production providing extra savings for our customers. However, our biggest innovation isn t just measured in terms of technology. Rather, it s in the DNA of our business model our inherent ability to finance solar energy projects. With strong financial ties, we are one of the few solar energy services providers who can consistently secure project funding. And more importantly, achieve project completion. Solar energy centered on service. Being the solar industry leader requires the same dedication to service as it does to innovation. Providing the most reliable service is not only a good business practice, it s absolutely essential. We don t make money unless our systems are performing at optimal output. With monitoring services, we aim to ensure satisfaction with our customers. We ve enabled solar implementation without capital outlay from our customers. We have a great reputation to protect. Our mission to provide the best solar solutions is reinforced by a firm position of technology neutrality. Our customers goals are always the top priority this gives us the freedom to utilize the latest technology and leverage competitive pricing, while mitigating the risks of using a single supplier. The true testament of our unwavering commitment to providing innovative solar solutions and service lies beyond our proven record of completed projects, clean energy generated, and carbon dioxide abated. Rather, our rate of repeat business from existing customers is representative of the SunEdison experience, and why we are North America s largest, most trusted solar energy services provider. sunedison 4

6 join the world s most forward-thinking organizations. Our solar energy solutions are trusted by some of the world s top organizations to fulfill their renewable energy goals. Complementing our spirit of innovation is our dedication to customer service and satisfaction. From the first phase of planning through the term of our customers contracts, we go out of our way to ensure smooth implementation, continuous long-term generation, and most importantly, long-term relationships. It s no wonder that more than 90% of our business is with repeat customers. The bottom line is that we re able to purchase energy off our rooftops for less than electricity off the grid, so it s a win-win. The SunEdison solution requires no capital investment and no operating or maintenance expense. Mark Buckley vice president of environmental affairs Staples, inc. 5 sunedison

7 State of California The City of San Diego Department of Energy Department of Labor sunedison 6

8 always a step ahead of renewable energy requirements. Our turnkey solar energy solutions provide utilities with a simple cost-effective way to meet RPS requirements and promote environmental stewardship. Quickly deployable, scalable turnkey solutions. Low-risk RPS compliance. Reduced stress on grid through peak shaving. 7 sunedison

9 utilities Utilities face unique pressure to keep up with energy demands while complying with renewable portfolio standards. Moreover, they must be prepared to meet unexpected policies that lie beyond the horizon, such as taxation on carbon emissions. We are second to none when it comes to experience with, and knowledge of, solar implementation. We manage more large-scale solar energy systems than any other solar energy services provider. With a stellar record of completed solar projects worldwide, and reliable energy production, you can be assured that our turnkey utility-scale solutions make integrating solar into your existing energy portfolio quick, risk-free, costeffective, and policy-friendly. With the benefits of peak output during peak demand, reduced stress on the grid, and minimal need for transmission infrastructure upgrades, you ll quickly realize the cost-effectiveness of going solar with us. Not to be discounted is the impact on the environment, and your position of corporate social responsibility. It s the intelligent choice for a smarter grid, happy customers, and a green public image. 8.2 MW solar power plant for Xcel Energy Alamosa, CO sunedison 8

10 customers will applaud your leadership. shareholders will applaud your bottom line. With no capital outlay, a long-term hedge against rising energy costs, and an improved environmental image, you ll wish you had installed solar sooner. No capital outlay. A long-term hedge against rising energy costs. Additional revenue stream from unutilized roof and field space. 9 sunedison

11 commercial We not only make implementing your organization s environmental goals a risk-free energy investment by eliminating the need for capital outlay, we make it hassle-free. Through our fully managed approach, we own the photovoltaic system and take full responsibility for everything from the planning phase (including financing) through the service life of the system. Your organization receives the benefits of a hedge against rising fuel prices through long-term predictable rates that are typically equal to or lower than retail energy rates. We even offer your organization the ability to collect lease income for hosting solar energy systems. The premise is simple: we lease your facility s unused roof and/or field space, build the solar array, feed the electricity into the grid, and manage all of the monitoring and maintenance. You just reap the benefits of capitalizing on otherwise unused space. Furthermore, installing solar is an ideal way to demonstrate your commitment to environmental stewardship and sustainability. 1st solar power system completed for Whole Foods Providence, RI sunedison 10

12 reduce pollution. shrink energy costs. create jobs. We help the public sector to demonstrate environmental leadership and economic development in a fiscally responsible manner. No capital outlay. A long-term hedge against rising energy costs. Job creation and economic growth. 11 sunedison

13 public sector Imagine the ability to provide your stakeholders with a balanced budget, and employment opportunities, while promoting renewable energy. From schools to hospitals, federal government offices to prison facilities, our solar electric energy solutions can provide the environmental commitment, fiscal accountability, and economic boost to any level of the public sector. We make implementing your solar ambitions a risk-free energy investment by eliminating the need for capital outlay. Under our Power Purchase Agreement, we take full responsibility for all of the equipment. You simply purchase the electricity generated. This gives you a hedge against volatile fuel pricing and the full economic benefit of tax credits and other solar incentives. And because we typically exceed our projected generation goals, there s strong potential for even greater savings. However, our solar energy systems do more than generate sustainable power. They demonstrate your commitment to environmental leadership and sustainable energy while creating jobs. 1.1 MW solar power system for City of San Diego s Alvarado Water Treatment Plant San Diego, CA sunedison 12

14 13 sunedison we always bring our a-team.

15 Vital to long-term success and customer satisfaction are the relationships we have with the best-in-class channel partners, technology providers, and site hosts. Our ability to deliver unrivaled solar solutions is bolstered by the capabilities of our partners. They are our pillars for success. In keeping with our high standard of service and position of techneutrality, we put our partners through a stringent vetting process. This ensures mutual success creating long-term sustainable business and opportunities for future growth. Anytime. Anywhere. Solar Channel Partners bring solar home. The SunEdison Solar Channel Partner program gives us global reach through local roots. We work with companies that have local connections and solid experience in their market. Our channel partners receive economies of scale in procurement, as well as financing, operations, and maintenance capabilities, which expands their solar reach (and helps win bids). Technology Providers. Always delivering the best equipment for the job. Our technology providers are essential to project completion and long-term energy generation. We choose the best equipment to meet the specs of each project and we select partners who can ensure a steady stream of supplies on schedule. We rely on them to be the lifeblood of our projects. Our technology partners benefit by having a platform to showcase their latest technology, and a conduit to new clients and growth opportunities. Host and Site Partners put solar in its place. Our host and site partners are quite literally the backbone of our business. By providing the physical space for our PV systems, our host and site partners promote environmental leadership. In return, they can receive revenue from unused roof space and unused land through long-term lease agreements. As we continue to expand, we are always interested in forming new partnerships with organizations that share our business and environmental goals. sunedison 14

16 Relationships with leading financiers fuel our success. Our partnerships ensure that projects reach completion and investors receive returns. Our proven record of providing predictable, long-term returns for investors has earned us the trust and investment of some of the world s most prestigious financial institutions, and is why we finance more And with a solid history of financing projects with strong long-term returns for investors, we are positioned for continued funding and sustainable growth. commercial and utility-scale solar projects in North America than anybody else. We have raised and committed close to one billion dollars in non-recourse financing. And with the support of our financing partners, we re able to quickly secure new project capital using the most innovative structures in the market, which yield the lowest cost of capital. Thanks to our strong balance sheet, we re able to finance projects that other solar companies cannot. nord/lb is delighted to be a financing partner for SunEdison. SunEdison has the right experience, technology, and track record, and a solid development team, which make their projects an attractive risk from a financing standpoint. vinod Mukani Sr. Director Structured Finance Americas NORD/LB 15 sunedison

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18 proven experience. relentless innovation. SunEdison was the first solar energy services provider to commercialize the PPA and eliminate capital outlay from our customers. SunEdison manages over 350 commercial and utility-scale PV systems more than any other solar energy services provider. SunEdison was the first owner/operator in the U.S. to surpass 200 GWh of solar electricity generation. SunEdison was the first solar energy services provider to raise more than 1 billion dollars in investment funds. SunEdison PV systems have achieved 106% of expected production.* SunEdison was the first solar energy services company to create a Renewable Operations Center to manage a fleet of power plants in real time. More than 90% of SunEdison s existing projects come from repeat customers. AN MEMC COMPANY SunEdison is a subsidiary of MEMC Electronic Materials (NYSE: WFR), a global leader in the manufacture and sale of silicon wafers, which are the foundation upon which most solar cells and semiconductor devices are built. MEMC has been a pioneer in the design and development of wafer technologies for 50 years and maintains R&D, manufacturing, sales and support offices around the world. As part of MEMC, SunEdison enjoys a broad industry perspective on future solar technologies as well as the ability to better predict materials costs, expand our global reach and enhance support for all customers. For more information, visit *As verified by independent engineers in sunedison

19 A Global leader in delivering solar power Asia Mumbai, India Seoul, South Korea Europe Paris, France Lecce, Italy Milan, Italy Barcelona, Spain Madrid, Spain Middle East Dubai, U.A.E. North America Toronto, ON, Canada Prescott, AZ, USA Sacramento, CA, USA San Clemente, CA, USA San Francisco, CA, USA Denver, CO, USA Beltsville, MD, USA Pennsauken, NJ, USA Portland, OR, USA San Juan, PR, USA St. Thomas, VI, USA

20 12500 Baltimore Avenue Beltsville, MD USA %