Desert Solar – Saudi Arabia Vision on the Saudi Solar Energy market in 5 years from now September 2014 Corporate structure Abdullah Al Nojaidi Dr. Hisham Jamjoom Ihab Elsamannoudi Mamdouh Al Maddah Mohammed Alabden Mohammed Al Assaf Mohammad Al Sabban Mohammed Kabli Mohamed Makki Jamjoom Dr. Musaid Al Assaf Mustafa Al Sahan International Investors The Maccaferri Group (IT) Empower Energies (USA) Nour Mousa (USA) Other international investors dt labs • Manufacturer of c-Si (75MW capacity) and a-Si (20 MW capacity) PV modules and mounting racks • R & D labs and partnerships 9/17/14 9/16/14 dt services • • • EPC contractor in multiple renewable technologies Power plant operation and maintenance services JV with Maccaferri Group Desert Technologies dt energy • Generation project developer • Actively deploying capital across multiple renewable energy technologies 2 Our Integrated business model creates pull demand for our products dt energy Project Development dt services Turn-Key EPC Construction dt labs Modules Manufacturing 9/17/14 9/16/14 3 Crystalline Silicon (c-Si) • 75W capacity module assembly line • High efficiency modules Manufacturing • Excellent economics 9/17/14 9/16/14 • The industry standard worldwide Amorphous Silicon (a-Si) • 20 MW full production line • Can be laser scribed to any design • Flexible transparency and colour • Uniquely suited to the BIPV market Desert Technologies 4 DT’s a-Si thin film line a-Si Deposition Glass Preparation Module Testing Plate Testing TCO Patterning a-Si patterning 9/17/14 Encapsulation Heat Aging Al Patterning Al deposition 5 ZnO deposition DT’s c-Si module line Laminators Interconnection Stringers Washer Framing 9/17/14 Junction box Desert Technologies Flash tester Lay up 6 DT expansion upstream in c-Si The Crystalline Silicon Value Chain: Silicon Ingot Brick Wafer Cell Module System Direction of DT Expansion Current DT capabilities in c-Si Over time, DT plans to expand upstream in the crystalline silicon module value chain, with silicon itself probably being sourced from local companies currently at the planning stage. 9/17/14 9/16/14 Desert Technologies 7 DT’s announced pipe-line in the region Project Name Falcon Ma'an Country Jordan Project Type Build, Own Operate Government Tender Size 23MW Round II Jordan Jordan Build, Own Operate Government Tender 50MW DEWA 100MW UAE Build, Own Operate Government Tender 100MW Yassat Island Palace/ DEWA UAE UGco LLC -­‐ RAK UAE Build Own Operate Jordan ConstrucGon only UAE Build Own Operate Hashemite University Be'eah -­‐ Sharjah 9/17/14 ConstrucGon only Tender 0.8MW hybrid solar/Diesel Generator 40MW + CCGT Client Status The Government of Jordan (Ministry Awarded and financing of Energy and Mineral Resources) approved who are moving into renewable energy (parGcularly solar) to combat their reliance on high cost imported MOU signed with energy. government. In partnership with Astronergy Dubai Electricity and Water Authority, as part of the UAE's commitment to Renewable Energy has launched several mega scale projects, including 100MW to be built by 2017. Next Steps ConstrucGon starGng in December Bid submission in December SubmiUed qualifciaGons AwaiGng detailed RFP with Astronergy and SECI Energia, qualified and awaiGng RFP Acknowledged by DEWA WaiGng for decision as the lowest bidder, technical quesGons answered Government of Ras-­‐Al-­‐Khaimah Qualified, waiGng for RFP Finalize ConsorGum and submit proposal 5MW Hashemite University (public SubmiUed final documents WaiGng for decision, bid bond university in Jordan). UniversiGes, extended most likely will like heavy industry and large scale switch to Development commercial enterprises, have to pay project tariffs for Electricity of between 0.27-­‐0.31 JD/kwh. Solar energy costs less than a half, so we are seeing a boom in projects in Jordan 10MW PV and 1M Emirate of Sharjah, public uGlity Registered pending waiGng for qualificaGon Waste-­‐to-­‐Energy company Be'eah, which com qualificaGon 8 Our aim is to reach 500MWs of production in 5-6 years 2019-2020: 2015-2018: * Expansion upstream * Expansion of capacity 2014: * 20 MW a-Si plant with engineering lab and R&D facility * IPO on Riyadh Stock Exchange * 500 MW of production * Regional market share across the PV value chain * Achieve sizeable market share in KSA * Growth of EPC and development business * Access secondary markets * 75 MW c-Si assembly 9/17/14 9 EPC: ground mounted Utility scale ground mounted installations are at the core of both our EPC and development business. With significant economies of scale, these large installations are ideal for grid connected projects or off-grid projects with a high consumption off-takers such as factories, mines, desalination plants, residential compounds or isolated villages. Ground mounted installations, unlike rooftop or carport installations, requires plentiful availability of land. We are also highly experienced in managing the interconnection, including high tension lines, of the utility scale plants to the electricity grid. As with all our EPC business, we can continue to look after the plant after completion, providing operating, maintenance and security services for all types of installation. 5.928 MW, PARMA, ITALY 9/17/14 9/16/14 1 MW, LECCE, ITALY Desert Technologies 14.963 MW, FOGGIA, ITALY 10 EPC: rooftops We use high efficiency crystalline silicon panels to transform unused roof space into an electricity generating asset. 9/17/14 9/16/14 Particularly suitable for the urban environment where empty land is prohibitively expensive, rooftop installations carry additional advantages in hot countries. By insulating the roof against direct sunlight, the panels significantly reduce air conditioning costs. Furthermore, the elevated location of the panels reduces the risk of theft or accidental damage. Our engineering team have over 90MW of rooftop installation experience in this increasingly popular solution, making us a world leader in the field. 901.60 KWp IN BRESCIA, ITALY 198.88 KWp AT FERRARI SPA, MARANELLO 1,827.12 KWp IN LUCCA, ITALY Desert Technologies 11 390 KWp IN ARDEN FAIR MALL, CA 216 KWp IN LUCCA CAR PARK, ITALY The canopy can be integrated into a variety of different carport designs and structures, creating a progressive and stylish architectural statement. By installing solar panels directly onto the structure instead of layering them onto the roofing materials, we can offset some of the construction cost. EPC: carports PV Carport canopies are a stylish and efficient solution that combine electricity with providing shelter to parked cars. Carport canopy systems can stand alone or be combined with other building systems, such as curtain wall integrated panels or rooftop mounted arrays, to directly reduce electricity bills and minimize reliance on the grid. 900 KWp AT CAL EXPO,SACRAMENTO,CA 9/17/14 9/16/14 Desert Technologies 12 EPC: curtain wall and BIPV Our uniquely versatile amorphous silicon thin film (a-Si) technology opens up a wide variety of possibilities in building integrated photovoltaics. By adjusting the transparency, thickness, colour and size of the glass and substrate, electricity generating modules can replace tinted windows, transforming the absorbed sunlight into electricity to power the building’s needs. The modules can be made to almost any requirement, and by working closely with architects and designers during the planning stage can be made to fit seamlessly with the building’s overall aesthetic. 80 LAIGHT STREET, NYC 9/17/14 9/16/14 184 KWp, MACCAFERRI HQ, BOLOGNA, ITALY Desert Technologies PHILADELPHIA SCHOOL OF THE FUTURE,USA 13 Case Study: 4 Times Square, a landmark in building integrated amorphous silicon This 48 storey building, developed by the Durst Organization in New York City in the mid 1990s, demonstrates the potential of BIPV. Kiss + Cathcart architects were the consultants for the building’s stateof-the art, thin-film BIPV system, working with Fox and Fowle architects for the overall design. Kiss + Cathcart designed the BIPV system to function as an integral part of the tower's curtain wall. EPV Solar (now wholly owned by Desert Technologies), developed the custom PV modules in 1997 to meet the aesthetic, structural, and electrical criteria. BIPV panels have been integrated into the curtain wall instead of conventional glass spandrel panels on the South and East Facades from the 37th through to the 43rd floor. The modules are attached to the building structure in exactly the same way as standard glass. There is a separate electrical system for each façade, consisting of two subsystems, feeding two 6kW inverters and one 4kW inverter. Using multiple inverters enables the system to perform more efficiently. 9/17/14 Desert Technologies THE CONDE NAST BUILDING, 4 TIMES SQUARE, NEW YORK CITY 14 JV with the Maccaferri Group Revenues 1.4 Billion EUR No. of Employees 4,200 Established 1879 Business Areas Energy, Real Estate, Engineering, Biotech Footprint 9/17/14 9/16/14 Global Desert Technologies 15 Vision on the Saudi Solar Energy market in 5 years from now • Update on Policy and Regulation • Current market status: realized projects and pipe-line • The way to move forward: short- and long term goals 9/17/14 Desert Technologies 16 Update on Policy and Regulation: The Bermuda Triangle effect ARAMCO P&R Market KACARE SEC 9/17/14 Desert Technologies 17 Current market status: realized projects & pipe-line COMMISIONED PROJECTS Project Name KAUST Solar Park Pilot & Training Project (Farasan) Aramco Solar Carport Size Owner 2.00 MW Aramco 0.50 MW SEC 10.50 MW Aramco Princess Noura University Solar HeaGng King Abdulaziz InternaGonal Airport Development Project King Abdullah Petroleum Studies & research Center King Abdullah Financial District project Total ANNOUNCED PROJECTS Project Name Makkah Solar Project Duba 1 (550MW ISCC) Aramco -­‐ SEC KAPSRC KACST Total 9/17/14 Yr 2010 2011 2012 25.00 MWth Princess Nora University 2012 General Authority of Civil 5.40 MW AviaGon (GACA) 2013/??? 3.50 MW Aramco 2013/??? 0.20 MW KAUST 2012 47.10 MW Size Owner 100.00 MW Makkah Municipality 30.00 MW SEC 300.00 MW Aramco -­‐ SEC 1.80 MW Aramco 10.00 MW KACST 441.80 MW Desert Technologies Technology c-­‐Si CIS CIS Solar HeaGng ??? ??? c-­‐Si Yr Technology 2018/??? ??? 2015/??? 2015/??? 2015/??? c-­‐Si CSP c-­‐Si c-­‐Si c-­‐Si 18 The way to move forward: short- and long term goals Solar Village: Early Adoption of CPV in Saudi Kin 1ST CPV deployment in the world; KACST Solar Village, KSA early 1980 First concentrating photovoltaic deployment in the world , early 1980’s 9/17/14 Desert Technologies 19 We look forward to working with you. Please don’t hesitate to contact us for further information or enquiries. Eng. Nour Mousa Chief Executive Officer KSA: +966-535-197-555 USA: +1-917-346-1007 mousa@desert-technologies.com Dr. Musaid Assaf President KSA: +966-555-444-021 USA: +1-703-303-7755 assaf@desert-technologies.com Dr. Nabih Cherradi Chief Technology Officer KSA: +966-543-836-102 EU: +41-796-646-515 cherradi@desert-tecnologies.com Augustus Rylands Head of Business Development KSA: +966-543-073-076 USA: +1-212-518-8890 rylands@desert-technologies.com www.desert-technologies.com