Contact Investor Relations at (877) 939-0400 to discuss opportunities with Premier Power Renewable Energy, Inc.

Market Overview | Premier Power Renewable Energy

Company Overview

Premier Power Renewable Energy (“Premier” or “the Company”) is a leading global
provider of small to large-scale solar power systems delivering unmatched experience to the
commercial, agricultural and residential sectors in North America and Europe. Premier was one
of GE’s leading resellers in the U.S. in 2006 and 2007. Customers have included utilities such as
Pacific Gas & Electric and Sierra Pacific, home builders including KB Homes, and agricultural
businesses including several leading wineries in California. Premier’s sales expanded by 68%
from 2006 to 2007, and it has been profitable in each of the last two fiscal years.

The Company was formed as a division of Premier Homes Properties in 2001, and was
spun off in 2003 in order to meet the growing demand for commercial and residential solar power
system installations. Premier installs solar systems that range from 1KW to as large as utility
scale systems larger than 1MW.

Premier’s historical growth and plans for future growth are based on several key strategies:
(i) diversifying its business across vertical markets and geographies; (ii) leveraging its world
-class engineering team to overcome design and integration challenges in an increasingly customized
market; (iii) development of proprietary turn-key solar power systems as well is participating
in “value-added” business that allow it to generate ancillary revenue; and (iv) it intends to
target and pursue synergistic and accretive acquisition opportunities that will create further operating
leverage.

Last Price 3.50
ExchangeOTC BB
Change0.00
Open N/A
Day Range N/A - N/A
Bid3.40 x 500
Ask4.00 x 500
52Wk Range 3.00 - 5.95
E.P.S.N/A


 
Last Trade 11/24/2008
Volume 0
% Change+0.00%
Prev Close3.50
P/E RatioN/A



Company Highlights

• Announced approximately $48 million in revenues contracted through September, 2008.
• Revenues for the six month period ended June 30, 2008, were $17.9 million, an increase of
103% over the $8.8 million reported for the same period last year. Gross margins for the six
month period were 15%, and net income was $274 thousand, a decrease of $270 thousand
on a Y/Y basis.
• Revenues for FY2007 were $16.6 million, an increase of 68% over the $9.9 million reported
for FY2006. Gross margins for the period were 25%, and net income was $843 thousand,
up 293% on a Y/Y basis.

Operational Highlights

October, 2008 - Installed one of nation’s first dual purpose rooftop systems bringing solar
power to the customer, the grid and solar powered charging stations for electric and hybrid
electric vehicles.
• September, 2008 - Announced Installation of nation’s first and largest bidirectional solar
trackers for Delano Water District
• September, 2008 - Began trading publicly and completed capital raise of $7 million
• July, 2008 - Announced Completion install of 1.2MW solar farm built for enXco, Inc., which
contracted to sell the power to the Sacramento Municipal Utility District.
• Premier ranked two years in a row (2006 & 2007) in the Inc. 500 magazine list of fastest
growing companies in America.

Market Overview

The global solar power market, as defined by solar power installations, had an estimated $17.2 billion in revenue in 2007. The U.S.

solar power installation market comprised about 8% of the total global market installations, reaching about 220MW installed in 2007.

The residential and small commercial market represent about 65% of the U.S. market and are expected to maintain this share through 2010.

Growth in the solar energy industry has been driven by:

  • The demand for viable alternative sources of fuel for electric power generation
  • Increasing demand for electricity, which in turn, drives energy costs higher
  • Government regulations and incentive programs - 26 states current have renewable portfolio
    standards and Congress recently extended renewable tax credits for solar. In addition,
    several states require utilities to offer rebates that substantially reduce the cost of
    installing solar systems, which reduce customer’s out-of-pocket cost for purchasing solar
    systems by 20% to 50%. At the federal level, there is currently a 10% federal tax credit
    for residential systems and a 30%federal tax credit (with no cap) for
    business systems.
  • Power Purchase Agreements between solar power system purchasers
    and electricity users under which electricity is sold/ purchased on a long-term basis.


Advantages of solar power over conventional sources:

  • Clean energy production - no greenhouse gas emissions, no wasted water, no waste generation.
  • Fixed cost - installed systems’ cost is fixed over the lifespan of the system, making solar more attractive in the face of rising electricity costs.
  • Location-based energy production - solar systems can be installed at the site where the power is used, thereby reducing transmission and distribution costs.

Premier Power Renewable Energy

 

Geographic diversification - Europe and North America are going to continue to be the largest consumers of solar power, and Premier operates in both continents in multiple locations. Its current market coverage is Northern and Southern California, New Jersey, New York, Madrid and Pamplona, Spain.

Vertical market diversification - In addition to geographic diversification, Premier is diversified across different vertical markets, including commercial, agricultural, residential, homebuilders and solar power plants.
Engineering and Innovation - Premier Power’s engineering and design teams can scale from residential and small commercial systems to large commercial and utility projects. It has consistently exceeded industry standards for system design and engineering.

Customer focused - Premier Power has remained disciplined in its strategy to be technology agnostic, understanding that different customers and projects requires unique and custom solutions.

Research & development - Premier Power continues to focus on research & development of more efficient and less labor intensive racking designs that reduce man hours to complete projects, and associated costs.
• Environmentally focused - Premier Power believes strongly in protecting the environment and the “Leave No Trace” mindset. As a result, it has developed a ballasted ground mount system that sits on the ground, requiring no holes, no cement in the ground and virtually no environmental impact.
• Premier has also developed a roof-mounted racking system that enables it to install systems more efficiently and at the proper angle, which is extremely beneficial for Power Purchase Agreements (PPA).

Industry Overview and Growth Drivers
Premier Power’s Advantage Driven by the $3.4 billion California Solar Initiative (CSI), California has grown to be the third largest market for solar behind Germany and Japan. In the U.S., California represents more than 75% of the commercial solar market. The CSI is expected to increase solar generation capacity to 3GW of electricity by 2017.


Download Corporate Brochure

Contact Premier Power Renewable Energy, Inc.
Address:
4961 Windplay Drive Suite 100
El Dorado Hills, CA 95648

Telephone: (877) 939-0400

Information: Fax : 916 939-0490
Email: INFO@PREMIERPOWER.COM

Please Visit Our Website At: WWW.PREMIERPOWER.COM

To Receive Regular Updates on Premier Power - Email Your Request To: INFO@PREMIERPOWER.COM

Symbol on:
US NASD OTC-BB: ‘PPRW’


The Management Team


Dean R. Marks
Chairman, President and Chief Executive Officer

Mr. Marks has been a key player in the solar sector since the early 1980’s, having pioneered multiple applications of solar energy in the residential, commercial and industrial market. Mr. Marks has been President and CEO of Premier since 2001. He holds a Bachelor of Science degree from Auburn University, with special emphasis on Environmental Science.

Miguel de Anquin
Director, Chief Operating Officer, Chief Financial Officer and Corporate Secretary

Mr. de Anquin has led global sales at Premier since 2001. Prior to Premier, Mr. de Anquin served as Director of Marketing for Nordic Information System and Next Information System; and as Technology Advisor for General Electric and IBM. He holds a Masters in Business Administration from the University of California at Davis and a Bachelor of Science Degree in Computer Science from the Universidad de Belgrano in Buenos Aires, Argentina.

Teresa Kelley
Chief Financial Officer

With more than 22 years of experience in corporate accounting and operations management, Kelley previously served as Chief Financial Officer of Vista Point Technologies, a design and manufacturer of electronic components, and subsidiary of Flextronics. Prior to VPT, Kelley began her career as a financial analyst at Intel Corporation, later serving in several management positions before becoming the Senior Controller of the Intel Networking business which she helped grow from $60 million to a $3 billion business in seven years. During that period, Kelley oversaw about 15 completed acquisitions and mergers, and had full P&L responsibilities. Kelley also was controller of Intel’s manufacturing and microprocessor business, and served as Senior Controller of Intel’s information technology, human resources, legal and finance organizations, spanning 15,000 employees and a $2 billion budget. She has a BS in Business and an MBA from Santa Clara University.