沼气发电项目 Biogas Power Generation

长信泰达新能源科技Changxintaida New Energy Technology

沼气发电项目

Biogas Power Generation

处于行业领先地位，掌握了国内可开发的资源情况、先进的技术和成熟的经验，是较早进行专业投资运营生物质发电项目的公司Leading Co. in the field with advantages of resource access, technology, rich experience on development and operation

企业概况Brief Introduction of Company

企业目标Mission

行业地位Version

融资需求 Requirement

成为中国开发生物质沼气发电项目最专业的知名企业Soundly professional investment Co. on biogas project development

寻求股权融资，用于生物质沼气发电项目的工程建设Seeking financing, on biogas power project construction

长信泰达新能源科技有限公司是从事生物质沼气发电项目投资和运营的专业公司Professional investment Co. engaged in biogas power generation

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企业介绍Com.

项目介绍 Project Introduction

Manure

Strew

MS

W

车用燃气Gas for motor

发电上网Grid connected

power

燃气并网Fuel gas

营养液Liquid

fertilizer

颗粒肥Granular fertilizer

有机肥Organic fertilizer

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股东结构及组织结构Shareholders Construction

股东 Board股东 Board

总经理 GM总经理 GM

副总经理DGM

副总经理DGM

副总经理DGM

副总经理DGM

财务总监 CFO财务总监 CFO 总工 CE总工 CE

财务核算

Financial D

epartment

财务核算

Financial D

epartment

资本运营

Capital operation

资本运营

Capital operation

信息部

Information

Departm

ent

信息部

Information

Departm

ent

项目部

Project D

epartment

项目部

Project D

epartment

市场部M

arketing D

epartment

市场部M

arketing D

epartment

生产部

Productive D

epartment

生产部

Productive D

epartment

研发部R&

D

Departm

ent

研发部R&

D

Departm

ent

技术部

Technology D

epartment

技术部

Technology D

epartment

管理层Manag.

85%

其他投资者others15%

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运营模式 Operation modal

总公司 Co.总公司 Co.生态肥公司

Organic Manure Co.

生态肥公司Organic Manure

Co.

控股子公司Subsidiary

项目Project 1项目

Project 1

发

电

Power

发

电

Power

生态肥

Organic

Manure

生态肥

Organic

Manure

项目Project 2项目

Project 2

发电发电

生态肥

生态肥

项目Project 3项目

Project 3

发

电发

电生态肥

生态肥

……

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收入模式 Income

发电收入Power

Generation

电价补贴 Subsidies on

tariff

电网公司Grid Co.

中国政府Chinese Gov.收

入Incom

e

生态肥或生态种植收入

others市场销售 Sales

减排收入CO2 Reduction

减排交易CO2 Reduction

Trade

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22%

21%

24%

33%

Xiulan Yuan

GM CR SE

优势——团队Advantages-Management Team

Dongsheng

Chen

CFO CPA

Changda Cai

CTA EEE

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Yonghai Jiang, the assistant researcher of Chinese Research Academy of Environmental Sciences, is engaging in the management and technique of solid waste treatment.

Jinming Pan, a PhD of agriculture biological environment and energy engineer of Zhejiang University, is mainly working on the wastes reuse and the energy projects.

Beidou Xi, the researcher of Chinese Research Academy of Environmental Sciences, involving in biomass energy development a long term mission.

Xiujin Li: The main direction of research are solid waste treatment and reuse, biological anaerobic treatment for biogas, and the treatment of biochemical and high concentration organic wastewater.

管理团队

MT 技

术团队T

T

优势——合作伙伴Advantages-Partners

杭州环境能源工程有限公司

慕尼黑环境项目管理有限公司 国家电网公司

东方化肥有限公司

中国环科院

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中国农业大学 北京化工大学

伊利集团 光明集团 山东金锣集团多尔克司农牧业有限公司

绿友生态安全工程技术研究所

技术合作

资源供应

销售渠道

优势——资源潜力Advantages- Resource potential

Manure75b cube per year

Agriculture Product Remains6b cube per year

Organic Waste9b cube per year

Straw60b cube per year

The available biogas recourse is 150b cube per year

The available biogas recourse is 150b cube per year

biogas90b cube per year

biogas90b cube per year

Biogas consumption is 77.8b cube in 2008Biogas consumption is 77.8b cube in 2008Recourse

The market of China biogas is valued as 225 billion RMB per year when the average price is 2.5 YUAN per cube.

RecourseThe market of China biogas is valued as 225 billion RMB per year when the average price is 2.5 YUAN per cube.

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优势——项目开发Advantages-Project Development

伊利第一牧场沼气发电项目

上海海丰牧场沼气发电项目

焦作多尔克司奶牛示范园沼气发电项目

山东金锣废水处理沼气工程

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优势——市场Advantages-Market

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1. 发电入网 Grid connected power generation

政策规定电网企业全额收购 all accepted by grid

享有电价补贴 0.35 元 / 度，时间 15 年 tariff + 0.35

yuan/kWh

2.碳减排 CO2 Reduction

交易价格受国家政策保护，最低不能低于 8 美元 Carbon financing 8 US$/t CO2

3. 生态肥料生态种植 Bio-fertilizer 重视和发展无公害绿色蔬菜必然要加大对生态肥料的投入竞争对象少，利润空间大 profit potential

产品市场 Product Markets

-解决了生物质产气发电中除砂、低生物量、寒冷地区热电联产和生物脱硫等技术难题

-适合各种高浓度发酵原料

- 安全可靠

- 工程造价降低 15% ，节省占地面积 30% ，建设周期缩短50%

- 寒冷地区冬季也能正常运行

优势——技术Advantages-technology

产气贮气一体化技术 biogas

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生态安全复合肥Bio & safe Fertilizer

- 解决了市场上其他肥料肥

效不足、霉菌超标、活性较

低的问题

-改良土壤，提高地力，保证

作物 增产、增收

-生产综合成 本远低于化肥

- against silting problem,

biomass of cow dropping,

and desulphurization

-High concentrated start crude

- Security

-15% lower cost, 30% lesser

land, 50% shorter construction

duration

- normal running in cold region

优势——技术Advantages-technology

产气贮气一体化技术 biogas

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生态安全复合肥Bio & safe Fertilizer

- Effective and Efficiency

-Farmland protection

-Low cost

国家总体规划National plan

国家政策支持Policy support

国际机构扶持Intl. program

到 2020年，可再生能源在能源结构中的比重，从目前的 7%提高到 15% ，生物质发电达到 550万千瓦，沼气年利用量为190亿立方米。到2030年，生物质发电达到 3000万千瓦，沼气年利用量为1000亿立方米。

1.发改委、财政部、农业部对大型沼气项目的政策性补贴。

2.可再生能源发电项目享受免税政策。

优势——政策支持Advantages-policy support

1.联合国环境规 划署和亚洲开发银行的“原始资金援助基金” 。

2. 世界银行中国可再生能源项目提供资金援助。

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国家总体规划National plan

国家政策支持Policy support

国际机构扶持Intl. program

In 2020, the weight of renewable energy in energy structure is rising to 15% from 7%, the biomass generation power is going to be 5.5m KW, the biogas used would be 19b cube. In 2030, the biomass generation is predicted as 30m KW, and the biogas is 100b cube.

1.Subsidy from NDRC,

MOF, and MOA.

2.Duty-free for renewable

energy generation

projects.

优势——政策支持Advantages-policy support

1.The “original aid fund” by the PD of UN and Asian development bank.

2. Chinese renewable energy project through the world bank offer financial assistance.

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发展规划 Development Planning

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基本单元 (1MW ) 项目测算Projection on 1MW scale Project

GC

OF

CER

COST

1MW项目

723 万度 /Y, 0.72yuan/w, Profit:5.21Myuan/Y

10thousand t/Y, 400yuan/t, Profit: 4M yuan/Y

40 thousand t/Y, 75yuan/t, Profit: 3M yuan/Y

3.046m yuan/Y（ depreciation 1.288M yuan/Y ）

Profit: 9.164M yuan/Y

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基本单元投资回报预测ROE/IRR Projection

Cash flow

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公司盈利预测Profit Projection

Unit: W YuanGenerating scale

2011（ 1MW）

2012（ 4MW）

2013（ 10MW）

Ⅰrevenue 1221 4884 12210Minus: cost 250.9 1003.6 2509

Tax 0 0 0Management

expense 50 80 150Selling expense 10 25 50Financial expense 53.7 214.8 537

Ⅱprofit 856.4 3560.6 8964Ⅲtotal revenue 856.4 3560.6 8964

Minus: tax 0 0 0Ⅳnet margin 856.4 3560.6 8964

Potential profit ： •Political subsidy 1 to 3m yuan ；• specialized subsidy ；• financial assistance

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风险分析 Risk Analysis

Operation risk analysis• Supply risk of recourse. Provided by related company directly.• risk-free of sales of generating power

Policy risk analysis

The price is unlikely to decrease so far.

Technology risk analysis

The relevant technique has been improved against the challenging from weather.

Financial risk analysis

The power selling, CER, and the selling of organic fertilizer are all included in the revenue.

Risk

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SO战略（增长型）1.Good strategy2. Begin with the demonstration project3.Scale-up the industry chain

ST战略（进攻型）1. Develop better technology2. Clean energy research3. Cooperate with company with low risk

机会因素（ O ）1. Lack of energy2.Strategy of global environment3.National policy support4.International financial assistance5.Mature biogas technology

机会因素（ O ）1. Lack of energy2.Strategy of global environment3.National policy support4.International financial assistance5.Mature biogas technology

威胁因素（ T ）1. Competition2. Undeveloped market3. CER4. Operation risk

威胁因素（ T ）1. Competition2. Undeveloped market3. CER4. Operation risk

WO战略（扭转型）1. Financing2. Smart partner3. Get in touch with the company experienced in CER

WT战略（防御型）1. Exploit recourse2. Focus on the project with good plan3. High standard management.

优势因素（ S ）1.Leader of the market2.Experienced management3.Good govern relation4.Smart partner5.Mature technology6.Advanced operation model

优势因素（ S ）1.Leader of the market2.Experienced management3.Good govern relation4.Smart partner5.Mature technology6.Advanced operation model

劣势因素（ W ）1. Lack of capital2. Professional project company control the recourses indirectly3. Lack of experiences in development of CER 

劣势因素（ W ）1. Lack of capital2. Professional project company control the recourses indirectly3. Lack of experiences in development of CER 

竞争分析Competition analysis

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融资需求 Financing Request

57%

financing（ W Yuan）

Equity financing（ W Yuan）

Debt financing（ W Yuan ）

2981.32981.3

2087.02087.0

894.3894.3

8943.98943.9

6260.06260.0

2683.92683.9

17887.817887.8

12521.512521.5

5366.35366.3

equity 70%

debt30%

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distribution or adding to next investment of profit is determined by shareholder

资金用途 Investment plan　 unit: W Yuan 2010 2011 2012

Total cost

Direct expense 2711.5 8134.5 16269.0 Main building 430.0 1290.0 2580.0

Main equipment and facilities 1481.5 4444.5 8889.0

Generation group 650.0 1950.0 3900.0 Grid system 150.0 450.0 900.0

Indirect expense 189.8 569.4 1138.8 Design cost 108.5 325.5 651.0

Training cost 54.2 162.6 325.2 Anaerobic cost 27.1 81.3 162.6 Total expense 2901.3 8703.9 17407.8

Current funds 80.0 240.0 480.0 Total investment 2981.3 8943.9 17887.8 In which: equity 　 2087.0 6260.0 12522.0 borrowing 　 894.3 2683.9 5365.8

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退出策略 Strategy of Exit 投资者

Investor

Exit

Stock

transfer in

three years

Stock

transfer in

market

Profit year by year

Profit year by year Listing of the company

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Contact Information:

Add: Rm608 Building B, Fenglan Intl. , Xizhimen North Street, Haidian District Beijing 100082, P. R. China

Tel: +86 10 6227 1767 Fax: +86 10 6227 1551

Email: [email protected]

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