Getting it done: Solar Construction for large portfolios. August 2012

Transcription

1 Getting it done: Solar Construction for large portfolios August 2012

2 Challenges in portfolio construction Longer contractual negotiations Stake holder management more parties have interest in projects High expectations in regards to payment terms Constantly changing timelines due to complexity of projects Mirroring needs of on-site structure (construction) to off-site structure (office) 2

3 Overcoming the challenges Building relationships of trust with customers Efficiencies in projects Clear communication keeping the stakeholders up to date Clear distribution of tasks within the company Building a strong, integrated execution team Having the key qualities in-house Specialized project managers with high component knowledge Flexibility in project execution 3

4 CASE STUDY 4

5 Case study overview Example: North York Project Customer Profile: Steel and Wood workshop 5

6 Case study, continued 6 6

7 Case study, Project Facts 206 kw (dc) DC construction time: 2 weeks Max. 5 workers in construction Close working relationship with all project stakeholders (Hydro, ESA, etc.) Extremely detailed logistics scheduling Flexibility and great working relationship with suppliers and their lead times 7

8 SELECTED PROJECTS 8

9 Appendix: Selected FIT Projects Projects: Black Creek II Size: kw Modules: Siliken SLK60P6L 245Wp and 250Wp Inverters: KACO XP90-H6 Construction time: 3 weeks Interconnected: 2011 Project: Goderich III Size: 55.2 kw Modules: Heliene 240Wp Inverters: 10 x Power One PVI5000 Construction time: 10 days Interconnected: 2011 Project: Toronto Size: kw Modules: Jinko Inverters: Satcon Construction time: 3 weeks Interconnected:

10 Appendix: Selected FIT Projects Project: Kinghaven Size: 263kW Modules: Silfab SLA250M 250Wp Inverters: Power One PVI-5000-OUTD, PVI-10.0-I-OUTD & PVI-12.0-I-OUTD Construction time: 10 weeks Interconnected: 2012 Project: Ottawa Size:321 kw Modules: REC BLK 240 PE Inverters: Power One PVI CENTRAL 250 Construction time: 4 weeks Interconnected: 2011 Project: Mount Brydges Size: kw Modules: Silfab SLA250M 250Wp Inverters: 10kW PVI-10.0-I-OUTD-CAN & 12 kw PVI-12.0-IOUTD-CAN Construction time: 4 weeks Interconnected:

11 Appendix: Selected FIT Projects Project: Toronto II Size: 120kW Modules: Sanyo Inverters: Kaco Construction time: 2 weeks Interconnected: 2012 Project: Moose Creek Size: 235kW Modules: CSI Inverters: Kaco Construction time: 3 weeks Interconnected: 2012 Project: GTA Size: 320 Modules: Trina Inverters: PVP Construction time: 3 weeks Interconnected: Sept

12 GROUNT MOUNT PORTFOLIO 12

13 Overview Germany Bonding Financing Engineering Canada Permitting Procurement Construction Combined Strength: Bonding facility for utility scale projects 200+ MW combined construction experience Construction financing, balance sheet strength Backed performance guarantees Fully integrated EPC True one-stop shop Low cost, high quality construction partner 13

14 Track Record 14

15 OPPORTUNITIES OUTSIDE OF ONTARIO 15

16 Los Angeles FIT Program Opportunity: LADWP s Feed-in-Tariff Program First 10 MW, then 150 MW (first-come, first-served) Fixed price contract for up to 20 years Higher radiation, huge similarities to Ontario FIT program Timeline: 6-8 months FIT application processing - 1 month Interconnection - 1 month Permitting and design - 1 month Procurement and financing 1 month Construction - 2 weeks to 2 months Update FIT contracts for program trailer (10MW) are released Timelines for FIT contract release was less than one month Efficient program design as LADWP releases FIT contracts processes interconnection applications one point of contact 16

17 Appendix: Recent News PR Log - Global Press Release Distribution Solar Provider Group Shortlisted with Most Projects in LA FIT Program Source: Solar Provider Group LLC Dated: Aug 10, 2012 Solar Provider Group gearing up to bring capital, clean electricity and green jobs to the City of Los Angeles in conjunction with new Feed-In Tariff program Early this week the Los Angeles Department of Water and Power (LADWP) contacted successful applicants to their new solar program to inform bidders their projects have been shortlisted for feed-in tariff (FIT) contracts. Solar Provider has the highest number of shortlisted projects among all bidders. As a result, Solar Provider Group LLC will be increasing its operations significantly in the City of Los Angeles. Christian Wentzel, Solar Provider Group s President, is particularly pleased with the regulatory process and the quick turnaround times. He states that the LADWP has been a pleasure to work with, and we are gearing up our permitting process to bring our projects and more green power online. You have to applaud the City of LA and the LADWP to have such foresight and create a program that will attract the development of clean, green, economical power. Solar Provider has already built and developed hundreds of similar solar FIT projects on rooftops across Europe and North America, and their enthusiasm for the LA program is reflected in their aggressive submission of initial applications: 20% of all applications received by LADWP as part of the current demonstration phase of the program. The portfolio includes a 1.2 MWp project, the largest single application submitted to LADWP during the bidding window. All of Solar Provider s applications have been approved for further development. The projects are expected to be constructed and connected by the end of To prepare for the development and construction of the initial pipeline, Solar Provider will shortly begin hiring and training business development staff, project managers and solar installers from Los Angeles County and the surrounding areas. We are looking to create a win-win-win situation: generating clean energy at low prices, bringing in capital and technology, all while creating renewable energy jobs locally. Investing in economical solar power and in talented people is our operation s main goal, says Casey McCourt, Solar Provider s Vice President of US Operations. Solar Provider will continue to expand its rooftop portfolio in Los Angeles throughout the year, in anticipation of the second phase of the Feed-In Tariff program. Building owners interested in solar power on their property and solar or real estate developers can contact Casey McCourt at mccourt@solarprovidergroup.com for more information. 17

18 Any Questions? Please send all your questions to: Or call us at: Or see our website at: ontariosp.com 18