A favorable investment in solar power



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A favorable investment in solar power Turnkey systems and solutions for photovoltaic power plants Answers for energy.

Bright times for solar power Large-scale photovoltaic power plants: a promising future The advantages of solar energy are clear: the sun is an endless source of energy and the conversion process yields clean energy. Another advantage of photovoltaic (PV) power plants is their suitability for different locations. They can be installed almost anywhere. This strong foundation promotes the important position PV power plants are expected to play in the future energy mix, which is also reflected in the past industrial growth rates and the expected future growth. The photovoltaics market, characterized by farabove-average growth, is expected to be worth over $32.3 billion in 2012* and upward growth is expected to continue. The large-scale PV power plant segment is expected to grow by 17 20 percent**. Market drivers in the large-scale PV segment are the great potential for optimization and the double-digit profit rates possible today. The main challenge is to ensure both sustainable and profitable growth of the PV market, which is characterized by a high degree of complexity and a wide variety of technical demands. This calls for thorough experience and expertise. Siemens, the world s only integrated energy infrastructure company covering the entire energy conversion chain, is ideally positioned to provide the future-oriented, innovative, and efficient products, solutions, and services that can help solve these complex issues. Innovation and efficiency are key factor in ensuring the sustainable competitiveness of large-scale PV power plants in direct comparison to conventional energy sources. There is much unexplored potential to be tapped. * BCC Research project, 2008 ** Siemens-internal assessment Sustainable performance The success of a PV power plant depends on several aspects. Siemens can help customers realize enhanced profit ability by optimizing PV plants from the financial, technical and performance perspective. The scope of supply can include development and financing support, EPC and turnkey delivery, and a comprehensive range of maintenance and operational services. Siemens unique performance ratio contracting concept rounds off the attractiveness of the PV plant solutions. In a nutshell, it s: an optimum solution designed to combine low losses, maximum output and an outstanding performance ratio. 2

Expertise you can count on Siemens comprehensive PV experience paves the way for extraordinary performance Siemens is an EPC and turnkey provider of large ground-based and rooftop photovoltaic power plants that bundles the company s core competencies in various technologies. The scope of supply can include project development support, design, engineering, procurement, installation and commissioning of PV plants as well as service, monitoring and maintenance. As an experienced partner in the solar and turnkey business, Siemens can offer a reliable foundation to get projects up and running in a timely manner. There are many benefits that make Siemens the preferred partner for large-scale PV projects. Reliable EPC and turnkey contracting unique expertise of the world s only integrated energy infrastructure company extensive know-how based on 160 years of experience in the field of energy technology global presence with 400,000 employees in more than 190 countries and a tight-knit worldwide service network on-time delivery Helping to enhance profitability of PV power plants continuous innovation and optimization of power plant technology high-quality products Siemens performance ratio contracting concept for PV plants Much more than technology financial solutions for PV power plant projects can be available can include tailored equity participation models comprehensive scope of life cycle services Siemens excellent reputation as a partner for customers and financial institutions Development and financing support EPC and turnkey delivery selective support in PV field development support of grid-related permit applications support in yield calculation and feasibility analysis selective financing support high level of experience with equity and debt financing arrangements optimized PV field design integrated, energy-efficient components optimized inverter input currents individualized concepts for grid connection based on requirements supply of high-quality components for the entire plant complete offering of construction services including civil works, MV and HV grid connection, installation, testing and commissioning efficient, highly qualified project managers 3

Tangible advantages Benefits at a glance Creating sustainable value while advancing the world into a future of clean, lasting and affordable solar power is a central goal for Siemens. The company s solutions are, therefore, geared towards maximum plant performance through a consistent increase in overall profitability, security and flexibility. Profitability Financial success of a photovoltaic power plant can depend on several aspects. The use of world-class products along the entire value chain can help maximize durability of the plant. Outstanding plant performance and, thus, profitability can be maximized by merging all components into an optimized solution, as well as by proven engineering standards. A unique performance ratio contracting concept rounds out the attractiveness of Siemens plant solutions. Security A long-standing history as an integrated technology company experienced in the most varied of industries makes Siemens a qualified and reliable EPC contractor. Accompanying a project along its entire life cycle, Siemens can tailor its products and services to meet the customer s individual requirements and help the customer secure its investment. More than 160 years of experience and the company s global presence make Siemens a trusted and reliable partner. Flexibility Planning and building PV power plants always translates into making long-term decisions. A suitable financing foundation is a crucial point that needs to be considered as early in the process as possible. Siemens helps increase the feasibility and success of PV projects with highly customized solutions. In plant design and construction, as well as specific financing solutions, Siemens provides targeted approaches that can help get the project on track. Tailored equity participation models can further help address individual strategies. Siemens reputation as a credible partner with financial institutions can be an additional benefit to help with the implementation of PV projects. Maintenance and service plant performance ratio contracting concept operational support including modifications and upgrades 24/7 plant performance monitoring and control with state-of-the-art systems preventive maintenance and condition monitoring fast response to service requests due to a vast network of local service organizations rapid and comprehensive fault analysis 4

A selection of successful projects Forchheim, Germany Excellent plant performance After a planning and construction time of less than three months, the project in Forchheim went into service. With the solar modules providing an electrical efficiency of over 18 percent, the customer reports that the unit has been extremely reliable and profitable. Project scope rating of 800 kwp (one-third greater output than many solar plants of comparable size) turnkey scope, consisting of power inverters, switchgear, transformers, and connection to the local power grid 3,600 monocrystalline solar modules with a rating of 225 Wp each generated more than 750 MWh per year commercial operation began in December 2008 Rende, Italy High efficiency with limited space Due to specific space regulations, the challenge for this project in Rende, Italy, was to integrate a 1-MWp photovoltaic system on less than 10,000 m 2 of ground area. A large construction was designed and built right next to an existing biomass installation. The High Vela acts as a large facade and has a highly efficient ratio of panels to space. Furthermore, the installed rows of solar panels are situated closer to one another than in standard plant constructions, decreasing the tilt angle but utilizing space with maximum efficiency. Project scope rating of 1 MWp turnkey scope, consisting of solar panels, power inverters, switchgear, transformers and custom galvanized steel support structures service and maintenance generates up to approximately 1,400 MWh per year, providing up to 350 households with solar power commercial operation began in 2007 Beneixama, Spain Flexible solutions tailored to the environment and market conditions Due to the differentiated feed-in tariff (FIT) structure in Spain, the challenge of the Beneixama project was to help the customer enhance the profitability of the PV plant. Siemens designed and implemented the entire plant subsystems to adjust it to the feed-in tariff structure. As a result, the plant has reported a higher profitability than some other plants in its MW range. Despite adverse conditions, the plant was constructed within 12 months. Project scope rating of 20 MWp (largest solar power plant worldwide at time of completion) EPC contractor for the electrical lot (E-EPC) monitoring system designed to reduce or avoid yield losses generated approximately 30,000 MWh per year reported carbon dioxide reduction of approximately 30,000 tons per year commercial operation began in 2007 5

Published by and copyright 2009: Siemens AG Energy Sector Freyeslebenstrasse 1 91058 Erlangen, Germany Siemens AG Energy Sector Renewable Energy Division Solar Power Hugo-Junkers-Strasse 15 90411 Nuremberg, Germany For more information, please contact our Customer Support Center. Phone: +49 180 524 70 00 Fax: +49 180 524 24 71 (Charges depending on provider) E-mail: support.energy@siemens.com Order No. E50001-G320-A103-V1-4A00 Printed in Germany Dispo 34807, c4bs No. 7827 fb 2674 440101 WS 11092.0 Printed on elementary chlorine-free bleached paper. All rights reserved. Trademarks mentioned in this document are the property of Siemens AG, its affiliates, or their respective owners. Subject to change without prior notice. The information in this document contains general descriptions of the technical options available, which may not apply in all cases. The required technical options should therefore be specified in the contract. www.siemens.com/energy