On December 17, 2013, Vaisala announced the acquisition of 3TIER, a renewable energy assessment and forecasting company. This is a very exciting time for Vaisala, and we are committed to offering the best weather information and services for the energy industry. Please come back to this page to learn more, as we will be updating it regularly.
Why Did Vaisala Acquire 3TIER?
The acquisition of 3TIER aligns perfectly with Vaisala's weather business area strategy. The renewable energy market is a focus area for Vaisala, and wind energy represents an extensive market with long-term growth opportunities. 3TIER brings Vaisala valuable capabilities in renewable energy assessment and forecasting. This acquisition is one of several steps in building a strong presence in the renewable energy market, and represents a very significant step forward for Vaisala.
Our customers will now have access to a broader range of products and services available from a single, strong, global company. Customers will benefit from newly combined offerings that were unavailable before, including remote sensing and traditional sensing, combined with renewable energy assessment and forecasting services that integrate local observations – all from one provider.
Who is 3TIER?
3TIER provides renewable energy assessment and forecasting to the largest utilities, energy traders, financiers, and project developers globally. Its products and services help the energy industry build better renewable energy projects, extract more energy from existing projects, and integrate the electricity generated by these projects into the power grid. 3TIER provides the context clients need to balance renewable energy risk with opportunity.
With expertise in weather, climate, and wind and solar energy risk, 3TIER helps clients make profitable energy decisions. By leveraging the latest advancements in weather science and its proprietary technology platform, the company has been able to model weather variability anywhere on earth.
3TIER offers utility-scale wind and solar services that span the entire project life cycle, from early stage site identification through energy yield assessment and on-going operational forecasting. 3TIER's track record has earned it an unmatched reputation in the industry and propelled the dramatic growth of the company.