Solar Day 2017 Executive Vice President Solutions Pl Helsing March - - PowerPoint PPT Presentation

Solar Day 2017

Executive Vice President Solutions Pål Helsing March 21st , 2017

Our values Predictable Driving results Changemakers Working together

SSO: An independent solar power producer

Key facts - Scatec Solar ASA

Established 2007 Headquarter Oslo Employees 152 Market cap NOK 3.6 bn

Plants in operation 322 MW

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Scatec Solar is an independent solar power producer based in Norway

• SSO develops, builds, owns and operates large scale solar power plants
• Assets in South Africa, Czech Republic, Rwanda, Honduras and Jordan
• Experienced management team with demonstrated execution capabilities

Experienced and fast-growing

• 322 MW of solar power plants in operation
• 600 MW project track record

Integrated across the downstream value chain

• Generating margins through all project stages while establishing premium assets

with strong and predictable long-term cash flows

• Focus on asset management with the goal of maximizing long term values

Strong backlog and pipeline

• Project backlog of 731 MW
• Project pipeline and opportunities of ~3.6 GW

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Our focus: Large scale PV and 20+ year cash flows

Kalkbult, RSA, 75 MW Linde, RSA, 40 MW Dreunberg, RSA, 75 MW Agua Fria, Honduras, 60 MW

Impressive cost reductions and growth in demand

Source: Bloomberg New Energy Finance, Q4 2016 PV Market Outlook

2018 2012 2010 2016 68.6 2014 45.0 83.5 30.7 18.3 Europe USA China Japan India Rest of world

Annual installed volume - GW

2012 2010 2014 1.80 1.13 1.49 3.24 2016

• 70%

0.98 2018 Installation Balance of plant Other Module Inverter * Utility Scale. System cost will vary from market to market depending on system size, market maturity, bankability etc.

Total system cost (USD / Watt) *

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1

Solar PV is very competitive – driving demand growth

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0,16 0,08 0,06 0,22 0,18 0,26 0,24 0,20 0,14 0,12 0,10 0,04 0,00 0,02

5 - 10

Solar PV

5 - 7

Gas Base load Gas Peak Load

6 - 14

Diesel

19 - 26 17 - 22

Coal Source: Lazard Capital, LCOE v 10.0, Scatec Solar

USD /MWh

Cost of alternative energy sources – (LCOE) LCOE is a primary metric to determine cost of energy

Origination Development Structuring Delivery Power Production O&M

• Operation
• Construction
• Backlog
• Pipeline
• Opportunity
• Operation &

Maintenance

• Asset

management

• Procurement
• Construction

Management

• Equity, debt

structuring

• Engineering
• Site control
• PPA and support

agreements

• Business case
• Regulatory

approvals/permits

• Analysis &

Intelligence

• Business
• pportunity
• Partnerships
• Commercial

viability

Scatec Solar develops, builds, owns & operates solar plants for 20 years

Integrated Independent Power Producer

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More than just panels: A 50 MW plant example

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Utility

More than 200 000

The Scatec Solar business process and value chain

Products and technologies

• Completive

landscape and costs reduced at high pace

• New
• pportunities

arise due to rapidly changing markets

• Focus on value

creation relevant for LCOE

Scatec Solar

Project development Financing Project Delivery Operations IPP

• Power

Production

• Asset

management

• Financial and
• perational
• ptimization
• Maximize

performance and availability

• Maintenance

and repair

• Project

management

• Detailed design
• Procurement
• Supplier and

construction monitoring

• Quality

assurance

• Funding and

cash flow management

• Engineering
• Component

tendering

• Debt / Equity

structuring

• Due Diligence
• Site

development

• System design
• Business case
• Permitting
• Grid connection
• PPA negotiation

/ tender / FiT secured

Development & Construction Operation & Maintenance Power Production

SSO supports an active and close cooperation w/ Governmental and Private sector

Energi 21 – nasjonal strategi for forskning, utvikling, demonstrasjon og kommersialisering av ny energi-teknologi.

Energi 21 – nasjonal strategi for forskning, utvikling, demonstrasjon og kommersialisering av ny energi-teknologi. Energi 21 skal gi strategiske råd til OED og følgelig retningsgivende for NFR og ENERGIX

SSO supports an active and close cooperation w/ Governmental and Private sector

Scatec Solar – key areas of interest

Storage of energy Power class/efficiency, cost and reduced losses over time Soiling and panel cleaning technologies SCADA and Production optimisation systems Business models to meet future energy market

Our values Predictable Driving results Change makers Working together

Thank you