Renewable energy for small island states: Example of the Maldives

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Bernadette McLaughlin
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1 Renewable energy for small island states: Example of the Maldives 1

2 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. Maldives: STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary of SREP and Future Prospects 2

3 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary and Future Prospects 3

4 About WIRSOL WIRSOL SOLAR AG WIRSOL SOLAR AG is a global developer of solar energy projects. Offering services that include the planning, construction and financing of solar systems, WIRSOL helps customers gain control over energy costs. Globally, WIRSOL counts thousands of businesses, government entities, utility companies and home owners as its valued customers. In a growing industry full of aspiring companies, WIRSOL stands out as one of the most experienced and reliable solar developers worldwide. 4

5 About WIRSOL WIRSOL by numbers solar systems installed and connected to the grid 410 MW of installed capacity worldwide About tons of CO 2 reduced annually 300 employees Headquartered in Germany, offices on three continents 5

capacity worldwide About 100 000 tons of CO 2 reduced

6 About WIRSOL The Board: A team of four Markus Wirth Company founder Markus Wirth is responsible for the divisions technology, product management and sales. Stefan Riel His co-founder Stefan Riel leads global procurement and new markets of the 2011 created WIRSOL Asia/Pacific office in Peking. Nikolaus Krane Executive board member for international financial products, large-scale projects and communication. Bernd Kästner Bernd Kästner is the CFO and also responsible for human resources and international business development. 6

Stefan Riel His co-founder Stefan Riel leads global procurement and new markets of the 2011 created WIRSOL Asia/Pacific office in

7 About WIRSOL WIRSOL worldwide 7

8 About WIRSOL Turnover 8

9 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary and Future Prospects 9

10 WIRSOL RE Maldives Pvt. Ltd. Review The Maldive Republic is one of the lowest lying countries in the world (<2m) -> particularly vulnerable to the effects of climate change The Maldives are entirely dependent on imported oil as the primary source of energy -> making it exposed to fluctuations and increase of oil prizes -> 17 % of the gross national product spent on fossil fuels, and growing -> The Maldives is 1 of 6 pilot countries participating in the scaling up renewable energy program for low income countries (SREP) 10

climate change The Maldives are entirely dependent on imported oil as the primary source of energy -> making it exposed to

11 WIRSOL RE Maldives Pvt. Ltd. Joint Venture Company Formed to Collaborate in Sustainable Energy Projects Provide Grid Connected and Stand Alone Solar Power Renewable Energy Maldives Pvt. Ltd. (2007) Develop renewable energy and energy efficiency projects in the Maldives Energy efficient equipment with a focus on cooling technology. Designing and building energy efficient electric boats Energy management programs tailored to a client s needs WIRSOL APAC GMBH (WIRSOL) subsidiary of WIRSOL SOLAR AG (2004) Global developer of solar energy projects. Planning, construction, financing and OMM of solar systems. 410 MW of installed capacity worldwide 11

(2007) Develop renewable energy and energy efficiency projects in the Maldives Energy efficient equipment with a focus on cooling technology.

12 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary and Future Prospects 12

13 STELCO Six Islands Reference General Information / Business Case High Irradiation: more energy per kw p (GER appr. 1000, Maledives appr kwh) no/expensive grid connection: diesel generators needed Growing diesel (=>electricity) cost: For 1 USD/l and 3,5 kwh per l => up to 0.29 USD/kWh +CO 2 savings: 2,65kg/l Saving of Diesel costs: Short term pay back: Amortisation rate depends on financing and overhead costs 13

1600 kwh) no/expensive grid connection: diesel generators needed Growing diesel (=>electricity) cost:

14 STELCO Six Islands Reference STELCO 6 Islands 652 kw Solar Project // Facts and Figures PPA (Power Purchase Agreement) between REM and STELCO (State Electricity Company of the Maldives) signed: June 02, 2011 for six islands of the Kaafu Atoll Hybrid system: Diesel generators remain untouched. Up to 30% of peak load is generated by PV. STELCO buys electricity and resells it with a small markup to it s own customers Project partners: STELCO, REM and WIRSOL (now WREM and WIRSOL) Local content by WREM: Customer relations, logistics and support in building, operation, maintenance and management of PV plants 14 Project build start/end: December 2011 to July 2012

Up to 30% of peak load is generated by PV.

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16 STELCO Six Islands Reference Project Overview Interphase I 294 kw p Done Pilot project STELCO Six Islands, 652 kw p Interphase II, 358 kw p Done Part 1 PV project Maldives, big rollout, 20,000 kw p Rollout up to 30% PV-power Part 2 Part 3 In Process Hybrid study Interphase III Phase I 16

Done Part 1 PV project Maldives, big rollout, 20,000 kw p Rollout up to

17 STELCO Six Islands Reference System sizes / Work Schedule Villingili 294 kw 14 days 39,690 kwh/mnth Maafushi 120 kw 7 days 16,200 kwh/mnth Himmafushi 78 kw 5 days 10,530 kwh/mnth Guraidhoo 64 kw 6 days 8,640 kwh/mnth Thullusdhoo 48 kw 4 days kwh/mnth Kaashidhoo 48 kw 5 days 6,480 kwh/mnth 17

Himmafushi 78 kw 5 days 10,530 kwh/mnth Guraidhoo 64 kw 6 days 8,640

18 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary and Future Prospects 18

19 Diesel Hybrid Study Review of Photovoltaic Power Generation Project In phase I up to 30% PV power is supplied to the local grid of the island. This means that up to 10% of energy comes from PV (only daytime and good weather) Interphase I + II were financed by WIRSOL as a pilot project. However, in future projects financing must come from development banks. Phase II: Supplying more than 30 % PV power (10% of energy) The energy system must be analyzed in detail -> WIRSOL started a study Changes to diesel control, grid, consumption and tariffs need to be considered Energy efficiency measures considered (e.g. rain water instead of desalination) The objectives: 1. more renewable less diesel 2. maintain economics and power system stability 19

However, in future projects financing must come from development banks.

20 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference DEG-Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary and Future Prospects 20

21 Collaboration Heilbronn University / Villa College The Collaboration Villa College University of Heilbronn WIRSOL RE Maldives 21

22 Collaboration Heilbronn University / Villa College Collaboration Opportunities Strong link between Maldives and Germany on Solar Energy exists already New link between Maldives and Germany on University collaboration is starting Many opportunities exist to transfer know how from Germany to Maldive students by combining university and solar activities like: Students from MAL and GER help analyse improvement potential for green resorts (business and energy systems) Students from MAL and GER gain practical experience on design, building and operation of renewable energy systems Students become ambassadors and link on how Maldives can develop the best for themselves (control own destiny) 22

23 Agenda About WIRSOL WIRSOL RE Maldives Pvt. Ltd. STELCO Six Islands Reference Diesel Hybrid Study Collaboration Heilbronn University (GER) / Villa College (MAL) Summary of SREP and Future Prospects 23

24 Summary of SREP and future prospects A newly developed renewable energy investment plan confirms our route There exists a programme named SREP scaling up renewable energy program for low income countries Under SREP an investment plan has developed between the Government of the Maldives and Multilateral Development Banks The Maldives are one of six countries participating in this programme The report combines an analysis of the current situation and potential with concrete investment opportunities The report is currently available as a draft and under review. Some results are shown below 24

25 Summary and Future Prospects Cost comparison between solar PV and diesel on the Maldives S. 21 SREP Investment Plan (Ministry of Environment and Energy) 25

26 Summary and Future Prospects Emission by the major sectors on the Maldives S. 17 SREP Investment Plan (Ministry of Environment and Energy) 26

27 Summary and Future Prospects Installed capacities (kw) in various inhabited Islands // diesel S. 11 SREP Investment Plan (Ministry of Environment and Energy) 27

28 Summary and Future Prospects Summary of renewable energy sources S. 25 SREP Investment Plan (Ministry of Environment and Energy) 28

29 Disclaimer 29

30 Your Contact Partner Name: Dr.-Ing. Thomas Walter Function: MD WIRSOL APAC GmbH Phone Mobile Mail Name: Ibrahim Nashid PhD Function: MD Wirsol REM Pvt. Ltd. Phone Mobile Mail 30

31 Thank you for your attention. 31

We are smart with diesel. And love solar. We are empowering off-grid customers. Load data as the key to success for PV-Diesel Hybrid Systems

We are smart with diesel. And love solar. We are empowering off-grid customers. Load data as the key to success for PV-Diesel Hybrid Systems PEP Information Workshop PV-Hybrid systems in Tanzania Market