Nordex SE 10 th WEED Focus Ghana. Berlin 15 Oct 2015

Transcription

1 Nordex SE 10 th WEED Focus Ghana Berlin 15 Oct 2015

2 COMPANY PROFILE NORDEX SE Nordex at a glance Installed capacity (12.1 GW) Global manufacturer of wind energy systems with a focus on turbines in the 2-3 MW class Most extensive and consistent use of platform technology in the industry; variants for different wind and climate conditions leveraging shared components Production sites in Germany (Rostock blades and nacelles) Asia 8% Other Europe 60% America 7% By region Africa 2% Germany 23% Headquartered in Germany (Hamburg) and USA (Chicago); subsidiaries in more than 20 other countries Listed company in the German TecDax Main shareholder Skion/momentum (22.8%), rest is freefloat Revenues 2014: EUR 1.74 bn ~3,000 employees as of H1/2015 Mainstream (1.3/1.5 MW) 20% Small (<1.0 MW) 6% By segment MMW Class ( MW) 74% Track record as of H1/2015: >6,600 turbines and >12,000 MW in 41 countries worldwide 2

3 FOCUSED SALES APPROACH LEAD TO DOUBLE DIGIT MARKET SHARES IN MANY FOCUS MARKETS Currently focused on ~20 countries onshore market position 2014 UK Market share 2014: 10% Order intake: +58% Ireland Market share 2014: 47% Sweden Market share 2014: 10% Finland Market share 2014: 40% Order intake: +52% Germany Market share 2014: 9% Order intake:+ 28% Pakistan Market share 2014: 66% France Market share 2014: 10% Order intake: +200% Turkey Market share 2014: 20% Order intake: +67% Chile Subsidiary established Uruguay Market share 2014: 14% Major order of 142 MW received South Africa Market share 2014: 20% Qualified for 111 MW round 3 EUROPE Market share 2014: 10% 10% 10% GLOBAL Market share 2014: 3% Order intake: + 17% 3

4 Turbines / Regions / Grid Forecast [MW] Incentive system Local Content Any production base for wind turbine components in the country? MARKET ENTRY AS STRATEGIC DECISION Country Profile "Sales Overview" Country Ghana Total installed capacity [MW] (GWEC) outlook (Onshore) [MW] outlook (Onshore) [MW] Special issues affecting forecasts (grid / permitting process / etc.) Type & OEM of installed turbines NX activities so far? Suitable NX turbines for the market Relevant wind regions + IEC class Any critical grid issues? Remuneration scheme Price [$/ ] per kwh (estimated) Incentive system valid until Priority Feed-in of renewables? Tariff bound to other factors (e. g. Local content)? If so, which? Description of political programme for Renewable Energy Local content required? Additional info on requirements

5 WIND POWER IN GHANA - STATUS Up Side ~ 2000 MW potential / ICE II/III* FIT tariff in place (~ 8 $ct/kwh) Projects have been develeoped (e.g MW Ayitepa wind farm)** Down Side Relative small market potential FIT-tariff might not suit, risk premium and IIR expectation/need No financial close of developed projects so far Quellen: *SWERA; ** Lekela 5

6 WIND POWER IN GHANA WAY FOREWARD What are pillars of a an attractive wind power market from a manufactures view? Good wind regime Decent volume: first project / size p.a. mid to long term, Stable frame work conditions and sufficient tariff regime Projects ready to be build and to be grid connected Option for Ghana: Increase tariffs: Possibly open up for PPA negotiations; this would need a credit worthy IPP/utility Concessional Finance: Could impact financing structure and could bring down project costs Risk mitigation instruments: Could impact financing structure and could bring down project costs 6

7 EXAMPLE SOUTH AFRICA: REIPPP Some of the main goals of the REIPPPP are: ALLEVIATE THE POWER SHORTAGE IN THE COUNTRY FUEL ECONOMIC GROWTH Goals DIVERSIFY THE POWER GENERATION IN THE COUNTRY JOB CREATION IN THE MANUFACTURING SECTOR OFFSET HIGH CARBON EMISSIONS The REIPPPP was designed to have 5 Rounds of bidding (tender submission) At each bidding round independent power producers are invited to submit their bids to the Department of Energy(DoE). Out of the projects submitted DoE chooses projects that will be awarded a PPA if they are able to reach financial close. 7

8 EXAMPLE SOUTH AFRICA: REIPPP results 8

9 HIGHLY COMPETITIVE PRODUCT PORTFOLIO FOR ALL WIND CLASSES Rotordiameter 131 m N131/3000* 117 m N117/2400 N117/ m N100/2500 N100/ m *Introduction of N131/3300 (for German market) on HUSUM Wind fair N90/2500 6,0 6,5 7,0 7,5 8,0 8,5 9,0 9,5 10,0 Wind speed [m/s] IEC 3a IEC 2a IEC 1a 9

10 Many thanks for your attention... Dorotea Delbrueck Nordex Energy GmbH Langenhorner Chaussee Hamburg Tel.: +49 (40)