3TIER PR

3TIER Releases 2011 Wind Performance Map

Wed, 18 Jan 2012 20:23:33 GMT

3TIER®, a global leader in renewable energy risk analysis, today released a wind performance map for the entire year of 2011. The map illustrates that for the duration of the past year, wind speeds were above their seasonal averages for a majority of the continental United States.

3TIER Continues to Rank Among Fastest-Growing Companies

Thu, 17 Nov 2011 17:12:12 GMT

3TIER®, a global leader in renewable energy risk analysis, today announced it has been recognized by three organizations for continued, strong growth. For the fourth consecutive year, 3TIER was included in the Puget Sound Business Journal's list of 100 Fastest-Growing Private Companies in Washington State. For the second consecutive year, 3TIER ranked on Deloitte's Technology Fast 500™. In addition, 3TIER made its debut on the 2011 Inc. 5000.

3TIER Helps Reduce Risk of $4.1 Billion Investment in Solar Energy

Tue, 25 Oct 2011 19:53:52 GMT

3TIER®, a global leader in renewable energy risk analysis, today announced that it has helped utility-scale solar energy developers secure over $4.1 billion in public and private project financing and loan guarantees. Once built, the projects will account for 1,200 MW of installed capacity in the United States and India and will include many of the largest solar projects currently in development. Project developers that worked with 3TIER include: Brightsource Energy, Reliance Power, and AES Solar among others.

3TIER US Solar Performance Maps Show Substantial Variability

Thu, 13 Oct 2011 17:51:09 GMT

3TIER, a global leader in renewable energy risk analysis, today released solar performance maps of the US for June, July, and August 2011. The anomaly study, which illustrates how solar irradiance varied from its long-term norm, shows strong correlation with a series of weather events that impacted the US this past summer. The findings demonstrate that solar energy is not immune to climatic variability, the risk of which needs to be factored into the financial structure of projects and regularly monitored.

Bloomberg and 3TIER Launch Real-Time Wind Asset Valuation Tool

Thu, 29 Sep 2011 18:03:54 GMT

Bloomberg New Energy Finance, a global clean energy, water, power and carbon market specialist, and 3TIER, a world leader in renewable energy risk analysis, today announced the launch of the world's first real-time, interactive wind asset valuation tool. WVAL enables investors to value more than 3,400 wind projects around the world at the click of a button, using the most up-to-date tariff, turbine and wind resource data in the world.

3TIER Solar Anomaly Map Shows Correlation with Australian Floods

Thu, 21 Jul 2011 17:08:00 GMT

3TIER®, a global leader in renewable energy risk analysis, today released a solar performance map of Australia illustrating a substantial drop in the country's typically abundant solar resource during December 2010. This anomaly correlates with the widespread flooding experienced during January 2011 and demonstrates the importance of using long-term reference data for determining solar project feasibility.

Wind Speeds Elevated Across the US in Q2 2011

Wed, 13 Jul 2011 21:12:00 GMT

3TIER®, a global leader in renewable energy risk analysis, today released a wind performance map for the second quarter of 2011. The map illustrates that wind speeds were above their seasonal averages for a majority of the continental United States.

3TIER Releases 90 Meter Wind Prospecting Tools

Mon, 23 May 2011 17:13:01 GMT

3TIER®, a global leader in renewable energy risk analysis, today announced the release of new 90 Meter Wind Prospecting Tools. The web-based service gives wind project developers and financiers immediate access to 90 meter resolution wind resource data across the continental US – the highest resolution data currently available on-demand. Such finely detailed data reveal how even small terrain features will affect wind power generation, enabling anyone with a financial stake in a project to better manage spatial risk during the earliest stages of project development.

First Financial Instrument to Hedge Wind Power Variability Risk Now Available

Thu, 19 May 2011 21:54:07 GMT

3TIER®, a global leader in renewable energy risk analysis, and Galileo, a global leader in weather risk management, announced today their collaboration in offering the first financial products designed to assist the wind power industry in hedging the financial risk of wind variability. Galileo's WindLockTM product will provide on-site settlements based on 3TIER's wind resource data, enabling wind project developers and financiers to mitigate the risk of project underperformance. The joint effort creates an entirely new global market for financial wind risk management products designed to ease financing pressure on wind projects, where the cost of financing often includes large premiums built in to cover production uncertainty.

3TIER Names Craig Husa as New CEO

Wed, 11 May 2011 22:12:48 GMT

3TIER®, a global leader in renewable energy risk analysis, today announced that Craig Husa has been named Chief Executive Officer. Mr. Husa brings over twenty years of executive leadership experience in high-growth, technology companies. He previously served as CEO of break-through companies including NeuralIQ, General Software, and Healia. He also founded CourtLink Corporation which was acquired by LexisNexis.

Q1 Wind Speeds Substantially Higher than Normal in Western U.S.

Wed, 13 Apr 2011 20:22:33 GMT

3TIER®, a global leader in renewable energy information services, today released a wind performance map for the first quarter of 2011. The map illustrates that wind speeds were above their seasonal averages for large areas across the western US. The rest of the country experienced slightly below average wind speeds, including a majority of Texas, the Midwest, and the East.

La Niña Significantly Influences Wind Speeds in Q4 2010

Wed, 09 Feb 2011 22:13:00 GMT

3TIER®, a global leader in renewable energy information services, today released a wind performance map for the fourth quarter of 2010. The map illustrates that wind speeds were above their seasonal average for large areas across the US. This increase is largely due to the La Niña phenomena, and closely matches the wind anomaly forecast 3TIER released in early October.

3TIER Ranks Among Fastest Growing Companies

Wed, 03 Nov 2010 04:00:00 GMT

3TIER Releases Q3, 2010 Wind Performance Maps for Europe and North America

Thu, 28 Oct 2010 04:00:00 GMT

La Niña Likely to Boost Wind Power Production Across U.S.

Thu, 14 Oct 2010 04:00:00 GMT

3TIER Releases U.S. Solar Performance Maps

Wed, 06 Oct 2010 04:00:00 GMT

3TIER Offers On-Demand Access to More Accurate Global Wind Data

Mon, 20 Sep 2010 04:00:00 GMT

3TIER Brings Advanced Solar Products to India

Mon, 26 Jul 2010 04:00:00 GMT

3TIER,® the global leader in renewable energy information services, today announced that its complete suite of solar prospecting and assessment products is now available throughout India. The products are based on 3TIER's proprietary solar dataset, which is the most advanced and accurate solar dataset that exists for India. The products enable project developers to quantify the long-term availability and variability of solar resources with or without observational data.

Wind Speeds are on the Rise

Tue, 20 Jul 2010 04:00:00 GMT

3TIER,® the global leader in renewable energy information services, today released its Quarterly Wind Performance Map showing that the intensity of the wind in the second quarter of 2010 has increased significantly in large portions of the United States. This upswing in wind is in marked contrast to the depressed average wind speeds experienced during the last quarter of 2009 and extending into the first quarter of 2010. These abnormally low wind speed conditions were the result of a long-lasting El Niño effect coupled with a strong, negative North Atlantic Oscillation (NAO) event.

WindPRO Integrates 3TIER Wind Data

Thu, 20 May 2010 04:00:00 GMT