COGENHAN PROJECT 1 Company Profjle ADVANCING TOGETHER TOWARD A - PDF document

ENERGY THAT EMPOWERS YOU COGENHAN PROJECT

1 Company Profjle ADVANCING TOGETHER TOWARD A SUNNY FUTURE PrimeSolar is a leading renewable energy company, developing innovative solutions with G r e e n z o n e p particular focus on architectural integration and cost optimization. PrimeSolar is also specialized in a r t i c u l a r f o c u s o n a r c h i t e c t u r a l i n t e g r a t i o n a n d c o s t o p t i m i z a t i o n . G r e e n z o n e i s a l s o s p e c i a l i z e d i n solar powered water pumping and desalination solutions, and solar-grade silica sand production. - Headquartered in Palermo (Italy) - Branches in Malta, Bulgaria, South Africa, Senegal and Egypt - Global team of experienced professionals - Wide network of contracted installers Our strategic vision is to let our clients stay focused on their own business activities while we deliver full-service energy solutions. We offer to our customers a comprehensive assessment of their energy needs, deliver the most accurate analysis of electrical utility rates, electrical loads and best available state-of-the-art reliable technologies. Distribution of solar systems to engineering compa- nies, installers, EPC contractors with over 50MW of In-Progress Projects modules and components delivered since 2011 Project development, having secured strategic land and Activities surface rights in South Africa, Malta, Senegal, Ka- zakhstan (construction to begin in April), in partner- ship with investors EPC contract work for customers’ solar systems

2 Solar Energy Sector in Kazakhstan Kazakhstan has adopted a new policy to sup- potential to generate energy from wind, sun, and port the growth of its renewable energy sector. water resources. The country has been working in the past sev- The Kazakh economy is overall more energy inten- eral years on the required legal framework set- sive than the economies of the countries in the EU. ting up the necessary stimulus for investments Industry is the key consumer of electricity in Kazakh- in the sector. Best practices have been duly in- stan (oil industry, metallurgy, mining, chemical in- troduced and implemented in the course of the dustry, energy and machine construction), followed long collaboration established between EBRD by households and transportation industry. Current- and Kazakhstan Ministry of Industry and New ly, there are 71 power stations in the country, includ- Technologies and the Ministry of Environmental ing 5 hydropower plants. Wind and solar electricity Protection. today account for less than 0.03 % of the total ca- The adopted in June, 2014 feed-in-tariff for elec- pacity. About 80 % of the energy consumed by the tricity generated through solar technology is set country is generated from coal. This has led to the at 34,61 tenge/kWh (approx. 14 eurocents), increased greenhouse gas emissions that the Gov- subject to annual indexation for infmation. The ernment now pledges to cut down to 15% below term for which the above price shall apply is 1992 levels - in line with the ambitious targets for fjxed and guaranteed by Kazakhstan govern - increase of renewable energy production set out to ment to a term of 15 years. be achieved by 2050. The above renewable energy support scheme Being a stable and rich in natural resources country, is aimed to further advance on the ambitious Kazakhstan shall host for the fjrst time in 2017 the plan of the Government to increase the share of World Expo exhibition, dedicated to “Future Ener- renewable sources in electricity generation from gy”. The above fully evidences the political will for a less than 1 % today to 50 % by 2050. With an drastic change of governmental policy to support of area seven times larger than Germany and a the renewable energy sector and provides a great population equal to the German state of North potential for investments in the sector by far exceed- Rhine-Westphalia, Kazakhstan has enormous ing 2030.

COGENHAN PROJECT 3 100 MW SOLAR POWER PLANT, TARAZ, JAMBYL PROVINCE, KAZAKHSTAN Cogenhan Project is allocated in Taraz Region (subject to annual indexation for infmation) applies. in the center of the Jambyl Province, south Ka- Considering the constantly rising electricity price zakhstan. The solar irradiation is averaging globally and the increasing demand for electricity, above 1500 kWh/kWp (as per measurements it is expected that after the expiry of the government taken regularly since February 2014), thus mak- guaranteed 15 years, the purchase price for the ing the project site particularly fjt for optimum electricity generated by Cogenhan Project would net energy generation. The envisioned plant be even higher. At the same time, the annual wear life cycle of Cogenhan Project is minimum 30 out of the project solar panels is less than 1 %, en- years, for the fjrst 15 of which the approved suring almost a constant energy output throughout by the government feed-in-tariff of 0.14 €/kWh the entire Project life. Brief Project Overview Plant Capacity (kW): 100,000 Yearly Energy Yield (kWh/kWp): 1,560 Plant Life Cycle (Years): 30 Yearly Degradation: 0.80% Mean annual electricity production (MWh): 139,185 Project life electricity production (MWh): 4,175,554 PPA (per kWh): € 0.14 PPA duration (Years): 15 Project Surface (ha): 221

4 Technical Data Cogenhan Project shall be connect ed to the 220 kV line on the south side of the site, less than 1 km away from the project land plot. Project area Detailed losses The available land ensured by Kazakhstan Govern- - External transformer losses 1,4% ment is approximately 3,000,000 sq. meters and - Soiling losses 3% the costs for its lease / acquisition could be waived - System unavailability 1% as a State investment support measure (subject to additional negotiations currently underway). The Simulation results at P50 topographical and geological surveys have been - Specifjc production at the end of the power completed, and the positioning of the panels is be- plant 1425 kWh/kWp ing designed, will occupy 2,100,000 sq. meters - Performance ratio 81,8% (making use of the best parts of the parcel, having - The results at P80 and P90 are respectively fmatness and the right inclination. 1331 kWh/kWp and 1283 kWh/kWp Location Tilt angle optimization The site coordinates are 42.8°N and 71.4°E at the altitude of 660m. The Meteonorm shows hor- Another simulation has been completed with izontal solar radiation 1506 W/sq.m and aver- seasonal change of the tilt angle as follows age annual temperature 11.6 degC. The Year to - From 1.10 till 31.01 - 50° Year variability of Meteonorm data is 7,3%. Using - Form 1.02 till 31.03 - 32° PVSYST 6.2.5 a simulation has been provided for - From 1.04 till 31.07 - 25° the possible energy generation. - From 01.08 till 30.09 – 32° The energy production shows 3% increase due System used for the to the tilt angle optimization. The tilt angle, pe- simulation riod of change and raw distance can be further optimized, but we do not expect additional sub- - PV modules BenQ, Solar PM250M01_260, 260 stantial change in the production. Wp at STC - Inverters Solo 500, Woodward IDS - Metal structure HDG, fjxed - Asimuth 0° - Tilt 37 ° - Raw distance 10m - Modules per string 23, 167 strings in parallel, total power 999 kWp