Copyright 2013, First Solar, Inc.

Transcription

1

2 Who is Frank Spencer? 14 years in or near the Renewables market in SA. Last 5 years in PV, off-grid and rooftop. Passionate to address the sustainability challenges: Energy, Food, Water, Poverty, Urbanisation, Climate Change. With cheap sustainable energy, we can help solve them all. Chair of the SAPVIA embedded generation sub-committee. Now working on Embedded Generation at First Solar South Africa: We believe that clean affordable solar electricity is an essential part of the worldwide energy mix. We believe clean energy should be available to everyone, even to the 1.3 billion people not currently connected to an electricity grid. Technology potential, end-end solution provider, access to capital. Disclaimer: I am not representing First Solar in this forum. The views expressed in this presentation are all my personal views and do not represent First Solar s official position. 2

3 First Solar at a Glance Over 10GW installed worldwide and a 2.8GW contracted pipeline Cost competitive with conventional energy sources today Partner of choice for leading utilities and global power buyers Driving innovation across entire value chain and plant solution Strongest financial stability & bankability in the industry Founded in 1999 and publicly traded on Nasdaq (FSLR) 3

4 Copyright 2014, First Solar, Inc. HASSLEBEN, Germany Size 4.6MW (DC) Commisioned December, 2008 Developer COLEXON Energy AG 4

5 Copyright 2014, First Solar, Inc. Located over a fruit market, is a prime example of First Solar s leadership in the Italian commercial rooftop market. MARGREID, ITALY Size 520kW (DC) Commisioned October, 2007 Developer juwi Solar gmbh 5

6 South African Solar PV Embedded Generator Projects Nr Description/Location Application / name Project Size(kW) Name of installer company 1 Black River Park Industrial 1200 Unknown 2 Ceres Coldrooms Commercial 1015 Unknown 3 Chronimet Mining 1000 Solea renewables 4 Belgotex Industrial 1000 Sustainable Power Solutions 5 Dube Trade Port Packhouse CIndustrial 711 Sustainable Power Solutions 6 Dube Trade Port Farmwise Industrial 408 Sustainable Power Solutions 7 Dube Trade Port Agrilab Industrial 75 Sustainable Power Solutions 8 Dube Trade Port Bunded C Industrial 10 Sustainable Power Solutions 9 Silver stream business Park 691 Solafuture 10 KPMG Commercial 652 Bright Black Solar 11 Kendal Solar 620 African sun energy 12 Fast Flame Commercial 618 Green Habitat 13 MAN Truck KZN Commercial 580 Solaray 14 Wembley square 576 Solafuture 15 Lethabo Solar 575 African sun energy 16 Waterfall Mall Commercial 574 Solarcentury Africa 17 Anglo American: Goedehoop Mining 553 Sunworx Solar 18 Vodacom Century City 542 In-toto Solutions 19 Rooibos Facility Commercial 511 African Technical Innovations 20 Hazelmere CPV 500 Soitec 21 Clearwater Mall Commercial 500 Solareff 6

7 Cost Competitive with Conventional Energy Sources Today $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 $0.00 a Coal Nuclear b b c Gas Combined Cycle Gas Peaking Diesel U.S. (NG) Japan (LNG) U.S. (NG) EU (NG) Japan (LNG) India Australia EU First Solar Sources: Coal and Nuclear: Bloomberg New Energy Finance LCOE Update: Q2 2013; Gas Combined Cycle, Gas Peaking, and Diesel: Lazard LCOE Sensitivity Analysis June 2013; First Solar: Internal data. (a) Does not include cost of carbon capture. (b) NG = natural gas. LNG = liquefied natural gas. Data assumes natural gas prices of $10 in Northern Europe and $18 in Japan (all in US$ per MMBTU). (c) Assumes diesel prices of $3.00 for India, $4.30 for Australia, and $7.00 for Northern Europe (all in US$ per gallon). Diesel assumes a high end capacity factor of 30% representing intermittent utilization and low end capacity factor of 95% representing base load utilization, O&M cost of $15 per KW/year, heat rate of 10,000 BTU/KWh and total capital costs of $500-$800 per KW of capacity. 7

8 Future of Embedded Generation Solar PV in SA 8

9 Future of Embedded Generation Solar PV in SA Government DoE IRP2010 update figures 9

10 Estimated Tariffs vs Viable Project R 2.00 R 1.80 Residential Commercial Industrial R 1.60 R 1.40 R 1.20 R 1.00 R 0.80 PV Price no grants PV Price, grants / soft-funding R 0.60 R 0.40 R 0.20 R - 10

11 Csae Study: 500kWp system (typical) 11

12 Project Financials over 10 years project lifespan 25 years+ 12

13 REIPPP Pricing 13

14 Dr Tobias Bischof-Niemz - Head of CSIR s Energy Initiative 14

15 South Africa Electricity Generation and Mix 15

16 16

17 17

18 18

19