1600 Premier Power Renewable Energy, Inc.ppt · History • Premier Homes was founded in 1986 C •...

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About usPremier Power is a leading

international solar photovoltaic integrator for commercial, integrator for commercial, government and residential

applications

www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762 www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762

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Confidential NoticeThis document contains information confidential and proprietary to Premier Power. The information may not be used, copied, disclosed or reproduced in whole or in part without the prior expressed written authorization of an authorized Premier Power officer. And those so authorized may only use the information for the purpose of evaluation consistent with authorization.

www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762 www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762

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Forward looking statementsThis presentation may contain forward-looking statements, as defined in the Securities Reform Act of 1995 rem

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(the "Reform Act"). Forward-looking statements can be identified by the use of words such as "expects," "plans" "will," "may," "anticipates," believes," "should," "intends," "estimates," and other words of similar meaning. These statements are subject to risks and uncertainties that cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking

statements The safe harbor for forward-looking statements provided to companies by the Reform Act doesghts Reserved.

statements. The safe harbor for forward looking statements provided to companies by the Reform Act does not apply to Premier Power Renewable Energy, Inc. (the "Company"). However, actual events or results may differ from the Company's expectations on a negative or positive basis and are subject to a number of known

and unknown risks and uncertainties including, but not limited to, competition with larger companies, development of and demand for a new technology, risks associated with U.S. and international transactions, the i f di f l i l i d l i h i d l i di iimpact of current, pending, or future legislation and regulation on the industry, general economic conditions,

availability of funds for capital expenditure by customers, availability of timely financing, cash flow, timely delivery by suppliers, ability to maintain quality control, collection-related risks from U.S. and international transactions, or the Company's ability to manage growth. Other risk factors attributable to the Company's

business may affect the actual results achieved by the Company including those that are found in the Company's most recent Current Report filed on Form 8-K, which risk factors will also be included with or

prior to the filing of the Company's next Quarterly or Annual Report. All forward-looking statements included in this release are made as of the date of this press release, and the Company assumes no obligation to update

any such forward-looking statements.

www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762 www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762

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Business model

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Business model

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US

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Europe

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Business modelCommercial Utilities Government ResidentialC

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US

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Europe No residential

C 3 audited years ofCopyright ©

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C 3 audited years ofCopyright ©

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3 audited years of

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100% CAGRS

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R G th 150%+

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Revenue Growth

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$30MM

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$17MM

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2005

$5MM

2006 2007 2008E

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Revenue by continent

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p66%NorthAmericahts R

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Revenue by business unit18% Residential Business UnitC

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33% Spanish emier P

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49% NorthAmericanB i U it

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Business Unit

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So far…• “Best of breed” solar integratorC

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Best of breed solar integrator• Profitable • Growing dramaticallyem

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• Growing dramatically• Diversified - both geographically and across

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business segments • Genuinely customer-centric with customer

satisfaction rates of 95%+satisfaction rates of 95%+.

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Inside Premier Power

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History• Premier Homes was founded in 1986

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• In 2000, we started to install solar PV systems in every third home as a standard feature

• In 2001 we created the solar division to fulfill the demand for retrofit solarC

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• In 2002 we installed the first Solar Integrated tiles working with Astropower (now is GE Energy)

• The division grew and spun off in the year 2003 emier P

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g p yto become Premier Power

• By the end 2003 we ranked #75 among all solar installers in California based on CEC rebate data

• In 2004 together with Premier Homes we hts Reserved.

glaunched the first 100% “Zero Energy” home community

• By the end of 2006 we ranked #5 among all solar installers in California based on CEC rebate data

• In 2006 we started our Spanish and NJ-NY operations

• In 2008 we entered the public market through a reverse merger (PPRW)

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h d b lOur headquarters is power by Clean Solar Energy

www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762 www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762

O Mi i

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Our Mission

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Premier Power Mission

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Delighting customers by installing solar systems profitablyaround the world to produce 50 billion green kWh

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Currently our installed system will produce 1.3billion kWh

P i P ’ DNA

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Premier Power’s DNA• Having been part of a home builder we inherited…C

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g p– Design. Stress the importance of aesthetically pleasing solutions– Project management. Managed the design and construction of

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– Large scale construction management. Management of hundreds of workers in multiple trades.

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• Our growth have been funded by sales (No VCs, Angel investors, etc.)

Strict cost controls– Strict cost controls

– Great cashflow management

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Market Coverage

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When it came to solar they all chose Premier PowerCommercialUtilitiesC

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Government

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Elevators

Th #1 GE E d l

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The #1 GE Energy dealer

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Source: California Energy Commission. Solar PV installations from January 2006 to August 2006

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ecomagination

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Meeting with Jeff Immelt – Chairman & CEO of General Electric – Oct. 06

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2 Years in a row – Fastest Growing Co.• Among the 17 million small businesses in the US, we ranked 846 in C

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2006 among the 5000 Fastest Growing Companies by Inc. magazine.

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Our Focus

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Wh t d t b t ?

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What do our customer say about us?

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Net Promoter Score (same metric that GE and Toyota use). After every installation we ask our customers the following question:em

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Would you recommend Premier Power to relatives and friends?q

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98% responded “Yes”

It is the percentage of promoters of Premier Power minus the percentage of detractors. The percentage of customers who respond with nine or ten are the “promoters” and the percentage who respond with zero through six are “detractors”. We subtract the percentage of detractors f h f i h from the percentage of promoters to arrive at the net-promoter score.

PG&E V t f C fid

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PG&E Vote of Confidence“My experience with Premier C

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My experience with Premier Power has been fantastic! Premier Power handled the em

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fdesign, engineering, permitting, sub-contracting, materials procurement, and construction management for this first ever solar installation on PG&E facilities in a

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solar installation on PG&E facilities in a manner that has distinguished themselves as one of the leading full-service photovoltaic installation companies in p pCalifornia.”

Fernando Aguilar, PG&E Project Services ManagerElectric Transmission DivisionElectric Transmission Division

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P i P ’ Fl Di it

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Premier Power’s Flag = Diversity85 employees from many different countries, continents & racesC

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United States Argentina Mexico Canada

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Sweden El Salvador Hungary Belice

Ivory Coast, AfricaSpain Germany

Benefit of being in two continents

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Benefit of being in two continents

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Ballasted Roof Mounting Products

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Utility Scale Trackers

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The opportunity

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Long term perspective: pv will absorb most of electricity demand growth this century

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other renew.

2000 2010 2020 2030 2040 2050 2100

1.400

1.600

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Biomass

Wind

PV

800

1.000

1.200

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umpt

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Coal

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Nuclear

Hydro

200

400

600

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Oil

Coal

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200pr

source: German Advisory Council for Global Change (www.wbgu.de), 2003

H d it k i th US?

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How does it work in the US?Solar Tiles convert sunlight

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Solar Tiles convert sunlightInto DC electricity

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electric companyis drawn when needed it.

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to the electric companywhich gives credits forwhich gives credits forelectricity receivedfrom solar system

Inverter convertsDC electricity to ACelectricity

H d it k i EU

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How does it work in EU

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Diversified portfolio

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R f

ghts Reserved. Roof top

l l tisolar solutions

www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762 www.premierpower.com | 1.877.939.0400 | 4961 Windplay dr. Suite 100, El Dorado Hills, CA 95762

Non-penetrating

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Non-penetrating

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Non-penetrating

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Non-penetrating

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Metal Roof

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Roof Mount

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Parking solar sol tions

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solar solutions

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High performancesolar sol tions

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solar solutions

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Bi-directional Trackers

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30 ft. tall40 ft. wide

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Ground mountedsolar sol tions

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solar solutions

Thin Film Ground Mount

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Environmentally friendly mounting

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Environmentally friendly mounting

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Aesthetically pleasingsolar sol tions

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solar solutions

Before: PG&E Service Center, San Francisco, CA

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After: PG&E Service Center, San Francisco, CA

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Integrated Solar Tiles

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Integrated Solar Tiles

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Integrated Solar Tiles

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Triangular solar modules

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Why Premier Power?

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Competitive advantage• Best of breed. Strongest and most versatile engineering & construction

team that allow us to Copyright ©

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team that allow us to – Win project others can’t– Control cost with a smart design

• Customer ownership leads to higher marginsTechnology agnostics

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– Technology agnostics– Repeat purchases– Referrals

• Diversification across vertical marketsR d i k

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– Reduces risks– Provides healthier margins

• Diversification across geographies– Reduces market risks

T ffi i i– Tax efficiencies• Strong balance sheet (Vision recently invested $7MM)

– Opportunity for pending consolidation in the solar space– M&A opportunities

Wh id P i P ?

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Why consider Premier Power?– 3 years of profitabilityC

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y p y– 3 year CAGR of 100%+– 2 continents – Europe and North Americaem

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At th h t f h i

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At the heart of who we are is…

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Our people, our customers, our constant

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determination to be best of breed and last but not least… our commitment to the

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bottom line – margins and a profitable business.

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Thank you

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