Versify expands V-RENEW implementation with NaturEner

Versify Solutions, Inc. (www.versify.com), a leading developer of software and services for the power industry, working with partner Constellation Energy Control and Dispatch (CECD), has signed a new License and Services Agreement with NaturEner USA LLC.

Versify expands V-RENEW implementation with NaturEner


Renewable energy leader implements V-RENEW to optimize wind farms

Chadds Ford, Pa. (June 23, 2011) – Versify Solutions, Inc. (www.versify.com), a leading developer of software and services for the power industry, working with partner Constellation Energy Control and Dispatch (CECD), has signed a new License and Services Agreement with NaturEner USA LLC. CECD is providing dispatch services and advanced control and EMS systems and services as part of the implementation. NaturEner develops, owns, and operates renewable energy facilities in three different countries comprised of solar photovoltaic and wind, and is currently developing over 1,000 MW of wind power in the United States and Canada. NaturEner will use Versify's V-RENEW® software application and services to help manage wind assets in the U.S.

"Versify has proven to be a valued partner to NaturEner who is always pushing forward with new approaches to optimize the operations and business opportunities from wind generation," said Pete Cona, President and CEO of Versify Solutions. "This new implementation leverages Versify's unique data and asset performance management, advanced analytics engine, and software applications to enable superior performance."

Created to address many of the challenges renewable energy asset managers and operators face on a daily basis, V-RENEW provides timely and robust data, analysis, monitoring, asset performance management, economic modeling, and reporting among a wide range of software applications in a single integrated software platform designed specifically for renewable generation managers.

"Versify has demonstrated a strong track record with NaturEner over the years," said Ken Young, Director of Asset Management at NaturEner. "We are doing very unique things in the industry with V-RENEW that will have a significant impact on our business."

V-PERFORMANCE® is a leading software system for monitoring, tracking and reporting among a wide range of applications used to manage performance of fossil based generation assets. It delivers rich, timely asset monitoring, asset performance management, and performance intelligence required to make critical decisions.

The V-TRADER® platform offers customized solutions for energy traders by providing an accurate, reliable, and user-friendly data service that streamlines the data integration and analysis process providing timely and pertinent market data reports, and helps identify trading opportunities. From the trader's desktop, a single click can produce any number of summary or detailed reports within seconds via a flexible, intuitive, user-centric interface.
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About Us:
Versify Solutions develops leading software and services for professionals in the power industry who demand a constant flow of data to efficiently navigate an increasingly dynamic sector. Versify products offer energy traders and generators better information, empowering them to perform at the highest levels. Utilized by some of the world's largest energy companies and trading desks, Versify offers a unique portfolio of analytical applications and services providing key insights into Smart Grid, generation performance, and trading market opportunities.

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