BALI CLEAN ENERGY FORUM Nusa Dua, 11-12 February 2016 Developing the First Grid Connected Solar PV in Indonesia by Abraham Mose, CEO of PT Len Industri (Persero) Project Background 1 2 3 National Energy Policy National Energy Mix 2025 To increase the use of renewable energy by total 23% of national energy in 2025, including the solar energy for power plant Decree of Ministry of Energy and Mineral Resources No. 17 / 2013 Feed in tariff for solar power plant. Maximum at USD 25 cents per kWh with additional incentive USD 5 cents for local solar module application Decree of Director General of New and Renewable Energy and Energy Conservation No. 979 K/29/DJE/2013 Capacity Quota for Solar Power Plant 80 Sites,140 MWp. Kupang 5 MW was included in the 7 first sites to be tendered 1 Capacity Quota for PV Power Plant (2013) 80 LOCATIONS OF CAPACITY QUOTA FOR PV POWER PLANT 2013 2 Why Len ? 3 The First PPA in Solar Energy 1 2 Electricity Price USD 0.25/kWh during 20 years period 4 Site Location Location Coordinate Avg. ESH Summer Season Area Electrification Ratio of ENT ESH : Equivalent Sun Hour ENT : East Nusa Tenggara Desa Oelpuah, Kupang Regency, East Nusa Tenggara 123o 44’55” E | 10o8’58” S 6.38, lowest at 5.52 (kWh/m2/day) Approximately 8 months / year Above 75.000 m2 58.91%, the second lowest level in Indonesia 5 Site Position to the Grid (nearest feeder point) 6 Site Survey 7 Feasibility Analysis 90% 7% 3% Investment Cost USD 11.200.000 EPC Other Expenses (Legal, Admin, Bank) 30% Land 70% Financial Source Equity 20,000,000 15,000,000 Loan PBP NPV IRR 8.58 USD 18.40 % years 792.635 10,000,000 5,000,000 0 1 (5,000,000) 2 3 4 5 6 7 8 9 10 11 12 13 14 Accumulated Cashflow 15 16 17 18 19 20 21 8 Construction Schedule 2015 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Financial Closing Procurement & Logistics Land Clearing & Civil Works Concrete Works Metal Support Inst. Water & Drainage System Control Room civil Road Works CCTV Solar Module Installation Combiner & Inverter Monitoring & Weather Inst. Transformer & Switch Gear Commissioning Certificate mechanical & electrical COD 9 General Block Diagram 10 General PV Arrays Design 11 thankyou 12 Pictures from Kupang Land Clearing & Civil Works Concrete Works 13 Pictures from Kupang Metal Support Inst. Water & Drainage System Control Room Road Works 14 Pictures from Kupang Solar Module Installation 15 Pictures from Kupang Combiner & Inverter Monitoring & Weather Inst. Transformer & Switch Gear 16 Pictures from Kupang 17 Pictures from Kupang 18 Pictures from Kupang 19