Solar Integrated’s Renewable Energy Management System Achieves CEC Certification
London, UK, and Los Angeles, California, June 12, 2007
Source: Solar Integrated Technologies/press release
http://www.solarintegrated.com/PR_REM_Cert_07.htm
Solar Integrated Technologies, Inc. (AIM:SIT.LN), a leading provider of building integrated photovoltaic (BIPV) roofing systems, announced today that its proprietary Renewable Energy Management (REM) software system has successfully achieved certification by the California Energy Commission for performance monitoring and metering. This recognition confirms that Solar Integrated’s REM system is certified for kWh data collection and reporting under the new California Performance-Based Incentive Program. The ability to effectively validate the production of solar power is particularly useful where the end customer prefers to purchase solar generated electricity under a long term power purchase agreement, or PPA, rather than purchase, own and operate the solar energy system directly.
“We are proud that our proprietary REM system has been recognized as meeting the new, stringent requirements for renewable energy metering for the important California market,” stated R. Randall MacEwen, President & CEO of Solar Integrated. “As we look more broadly, we believe the U.S. – the world’s largest energy market – will be one of the solar sector’s fastest growing markets over the next ten years, and that PPAs are an important emerging trend in this market. We have the ability to offer an effective and simple turnkey solar roofing solution for our customers, including a state-of-the-art measurement tool with our REM system.”
“We have now installed over 30 REM systems which are monitoring, in real time, the production of solar generated electricity and the related environmental benefits from our BIPV roofing systems under a variety of environmental conditions, with our longest-standing REM system in the field since 2004,” stated Kurtis G. Borg, Vice President, Energy Management. “Beyond validating electricity production, our REM system will become increasingly attractive to customers who seek to monetize the economic value of their reduction of carbon dioxide emissions as carbon credit markets mature. While complementary with our BIPV system, we also view our REM system as a stand-alone product offering.”
About Solar Integrated:
Solar Integrated Technologies, Inc. (SIT: AIM.LN) is a Los Angeles-based company that manufactures, designs and installs building integrated photovoltaic (BIPV) roofing systems for non-residential, low-slope rooftops. We are a leader in the development of an innovative and proprietary BIPV roofing system that combines flexible thin-film solar modules with a single-ply roofing membrane for large-scale commercial and industrial applications. Our BIPV roofing system enables our customers to transform a traditional rooftop into a value-generating asset. Our customers include Coca-Cola Enterprises, Frito-Lay, Honeywell, ProLogis, San Diego Unified School District, Tesco, Toyota, U.S. Air Force, U.S. GSA, U.S. Navy, Wal-Mart and Westfield.