English Solar Farm Proposal by TSF Oct 123

Proposal of Construction of MW Solar FarmProposal of Construction of MW Solar FarmProposal of Construction of MW Solar FarmProposal of Construction of MW Solar Farmpp

(EPC: Engineering Procurement & Construction) (EPC: Engineering Procurement & Construction)

pp

(EPC: Engineering Procurement & Construction) (EPC: Engineering Procurement & Construction)

ByByByBy

Thai Solar Future Co., Ltd. Thai Solar Future Co., Ltd. Phone: +Phone: +662662--953953--9163 9163 Fax: +Fax: +662662--953953--91679167

Thai Solar Future Co., Ltd. Thai Solar Future Co., Ltd. Phone: +Phone: +662662--953953--9163 9163 Fax: +Fax: +662662--953953--91679167Phone: +Phone: +662662--953953--9163 9163 Fax: +Fax: +662662--953953--91679167

EE--Mail: Mail: [email protected]@thaisolarfuture.com [email protected]@thaisolarfuture.com

www thaisolarfuture comwww thaisolarfuture com

Phone: +Phone: +662662--953953--9163 9163 Fax: +Fax: +662662--953953--91679167

EE--Mail: Mail: [email protected]@thaisolarfuture.com [email protected]@thaisolarfuture.com

www thaisolarfuture comwww thaisolarfuture comwww.thaisolarfuture.comwww.thaisolarfuture.com

September September 20102010

www.thaisolarfuture.comwww.thaisolarfuture.com

September September 20102010

Thai Solar Future Company Limited

Established and managed by Professor Dr. Dusit Kruangam who is a former professor of electrical engineering at Chulalongkorn university, outstanding research of Thailand, worldwide reputation on PV, experience on solar photovoltaics more than 25 years.

Type of BusinessPV system integrators, design and construction of PV systems (grids/off grids/solar farm) both domestic and international grids/solar farm) both domestic and international

Utilization of high quality crystalline silicon solar modules , long life more than 30 years , IEC 61215, IEC 61730 (Safety Class II)Utilization of high quality amorphous silicon thin film solar modules, long life more than 30 years, IEC 61464, IEC 61730 (Safety Class II)Sales of solar modules Total solution services including feasibility study, power plant construction, engineering procurement and construction coordination with governmentengineering procurement and construction, coordination with government agencies, etc.

CV of Professor Dr. Dusit KruangamFounder and Managing Director of Thai Solar Future Co., Ltd.

•1988 Ph.D. of Electrical Engineering (Solar Cells), Osaka University, Japan.

•1988-2005 Professor at Chulalongkorn University.

•Out Standing Research of Engineering, National Research Council of

Thailand.

•Board member and executive of solar companies (Solartron, Ekarat Solar).

•Worldclass Designer and installer of PV solar systems more than 10 MW

including MW solar farms, solar roofs, stand alone systems.

• Holding 2 USA Patents.

•Board member of several institutes (NECTEC, Rajamangala University of

Technology Srivichaya, Renewable Energy Club of FTI).

What is a solar farm?

A solar farm is a large electrical power generation plant that uses solar energy as energy source. In Thailand, the

i i f h i i hi hministry of energy has a promotion program in which a solar farm can sell electricity to utilities (MEA, PEA, EGAT) at a special tariffat a special tariff.

Tariff Price is about 11 Baht/kWh consists of:

• Normal Tariff

About 3.3 Baht/kWh with annual increase rate (no limitation of Years)Years)

andFix at 8 0 Baht/kWh for 10 Years• Fix at 8.0 Baht/kWh for 10 Years

Advantages of Investment in Solar Farm in ThailandSolar Farm in Thailand

1. Investment is required at the construction period only. Very small O&MO&M expenses.

2. No fuel cost , because uses only solar light.

3. No fuel. No need to worry about fuel. 4. Marketing is not necessary, because long term contract of PPA is

signed between solar farm and MEA, PEA, EGAT. 5. Buyer is MEA, PEA, EGAT., and ministry of energy with high price.5. Buyer is MEA, PEA, EGAT., and ministry of energy with high price.6. Least risk. Solar modules have long life more than 30 years,

normally warranty 20-25 years.7. Welcomed by local people.7. Welcomed by local people. 9. Corporate tax, import duty are waved by BOI Program.

Privileges from BOI for Solar Farm Projects g j

• Exemption of Import Duty of equipments and

materials,

• E ti f C t t t 100% f 8 Y • Exemption of Corporate tax at 100% for 8 Years

and another 50% for 5 Years

Turn Key Services Offered by Thai Solar FutureFor Solar Farm

(D l d EPC)(Development and EPC)EPC: Engineering Procurement and Construction)

1. Feasibility Study, Site Surveys,2. Applications of all Documents for Governmental Agencies (MEA, PEA,

Regulators, Sub-district, BOI, Dept of Industrial Works, etc. Public g pHearings),

3. Funds, Loans Coordination, 4. Concept Design, Detailed Design,5. Simulation of Generation of Electricity, 6. BOM, BOQ,7. Procurement of Materials, Equipments,

C f C8. Construction of Civil Works, Electrical Works, etc. ,9. Commissioning,10. Operation, Training, Collecting Data11 Maintenance After Sales Services11. Maintenance, After Sales Services.

Solar Radiation Map of Thailand Average 18.2 MJ/m2-d

(5.05 kWh/m2-day)Max 20-24 MJ/m2-dMax. 20-24 MJ/m2-d

kWh/sq.m.d=MJ/sq.m.d/3.6

Approvals Needed from Government A i f S l F i Th il dApprovals Needed from Government A i f S l F i Th il dAgencies for Solar Farm in Thailand Agencies for Solar Farm in Thailand

Dept. Ind. Sub-

ESA

(Environmental

Safety

EIA (Environmental

Impact Assessme

VSPP (kW) MEA PEA EGAT Regulators p

Works District BOIy

Assessment) nt

1-3.6 √ √-

√- -

3.7- 1,000√ √

-√ √ √ √

-

√ √ √ √ √ √ >5 MW √>1,000-6,000

√ √-

√ √ √ √ >5 MW √-

>6,000-10,000√ √ √ √ √ √ √ √

-6,000 10,000

10,000-√ √ √ √ √ √ √ √ √

Examples of Investment in PV Solar Farm in Thailand

(1 MW)

Type of PV Module Investment (not incl. VAT) Land Area

Crystalline Silicon 110-120 MB 10 Rai

Thin Film Amorphous Si 90-110 MB 25 Rai

(1 Rai = 1,600 sq.meter)

Remarks

1) Not include land, import duty

Warranty

• PV Modules 20-25 Years by PV Manufacturer

• Inverters 2-10 Years by Inverter Manufacturer

• Solar Farm 2-5 Years by Thai Solar Future y

Example of Retrun on Investment of PV Solar farm 1 MW(Thin Film Amorphous Silicon)

Item Amount UnitPower of Solar Farm 1MWInvestment 110MBLand 25RaiModule Thin Film a-SiEnergy Generation per Year 1,452,700.00kWh/YearEnergy Selling Net 1,452,700.00kWh/YearEarning before Expense 15-16 MB/YearEarning before Expense 15-16 MB/YearExpenses (Salary, O&M) 0.3-0.4MB/YearEarning after Expenses 15-16 MB/Year

Loan 0%%Loan Interest 0%IRR on Project 12.03%%IRR on Equity 12.03%%Pay Back of Equity 7Years

Loan 50%%Loan Interest 6%, 10 YearsIRR on Project 12.03%%IRR on Equity 15.53%%Pay Back of Equity 6Years

Loan 75%%Loan Interest 6%, 10 YearsIRR on Project 12 03%%IRR on Project 12.03%%IRR on Equity 20.57%%Pay Back of Equity 6Years

AC 22 kV, 3 phase

PEA Line, AC 22 kV, 3 phase

VSPP kWh Meter

AC 22 kV, 3 phase

Transformers

AC 22 kV, 3 phase

Bangkok Office

AC Panels

AC 400 V, 3 phaseSolar Farm

InvertersMW

AC 400 V, 3 phase

Monitoring & Di lMW Display System

PV Modules MW

DC

Monocrystalline Si Modules Monocrystalline Si Modules Monocrystalline Si Modules Monocrystalline Si Modules

Thai Solar Future offers high quality PV solar Thai Solar Future offers high quality PV solar

yy yy

g q ymodules from world class manufacturers

g q ymodules from world class manufacturers

Multicrystalline Si Modules Multicrystalline Si Modules Thin Film AmorphousSi Modules Thin Film AmorphousSi Modules

Thai Solar Future offers high quality PV solar modules from world class manufacturers

Thai Solar Future offers high quality PV solar modules from world class manufacturersmodules from world class manufacturers modules from world class manufacturers

Leonics (Thailand)Leonics (Thailand) Delta (Germany & Thailand)Delta (Germany & Thailand)( )( ) ( y )( y )

Thai Solar Future offers high quality solar inverters from world class manufacturersThai Solar Future offers high quality solar inverters from world class manufacturersinverters from world class manufacturers inverters from world class manufacturers

Kaco (Germany)Kaco (Germany) SMA (Germany)SMA (Germany)

Simulation by Professional Simulation by Professional

Organization Chart of Solar Farm Project

Investors

IE, AdvisorsProject Directors

Administration

-Revise Corporate Objectives

Accounting & Finance

-Business Projection

Engineering Procurement and

Construction

-VSPP Application

-Regulator Application

-BOI Application

-Cash Flow

-Tax Management

-Bank Coordination

-Feasibility Study

-Land Survey & Preparation

-Concept & Detailed Design BOI Application

-รง 4 Application

-อบต Application

-Bank Coordination

-Investment Evaluation !!

Concept & Detailed Design

-Procurement (Bidding, Suppliers)

-Logistics, Transportation

-มวลชนสัมพันธ

-Collection of income

-Construction

-OperationLawyer -Public Relations -Security

-Maintenance

Lawyer

-Contracts

1 2 3 4 5 6 7 8 9

Time Line for a MW Solar Farm (month)1 2 3 4 5 6 7 8 9

Revise Corporate Objectives *

Selection of Site *

Application of VSPP *

Approval by PEA/MEA/EGAT * *

PPA (Power Purchasing Agreement) *

Approval by Regulator *

Approval by Local Organization & Dept. of * *

Industrial Works

Approval by BOI * *

Construction * * * *

Test and Commissioning * *

COD (Commercial Operation date) *

Solar Farm Project ReferencesSolar Farm Project Referencesbyy

Thai Solar Future Co., Ltd.and

Professor Dr Dusit KruangamProfessor Dr. Dusit Kruangam

EGAT 0.5 MWMae Hon Sorn PetchaboonPetchaboon

Innovation20 kWPracheenburee

Solar Park 1.5 MWLopburi

EKARAT 0.63 MWPracheenburee

TESCO LOTUS 0.46 MWBangkok

Thammasat U. 20 kWPathumthanee

Energy Complex 0.33 MWBangkok

PV Solar Project References

byThai Solar Future CoThai Solar Future Co.,

Ltd.and

Professor Dr. DusitKruangam

Several Solar Roofs50 kW Bangkok

Several Solar Roofs40 kWRayong

Kruangam

Several Solar Roofs20 kW

Bangkok

Hadyai, Songkhla

20 kW,

Petchaboon Inno ation Co LtdPetchaboon Innovation Co., Ltd.

Petchaboon Province

National Highway Route 21, km g y ,

193.

630 kW Solar Farm, Pracheenburi, invest by Ekarat Engineering PCL.




630 kW S l F P h b i 630 kW Solar Farm, Pracheenburi,

invest by Ekarat Engineering PCL.

Monocrystalline Si Module (Ekarat

Solar)

630 kW Monocrystalline Si Modules 630 kW Inverter 400 V/22 kV Transformer 22 kV Lines


330 kW, Energy Complex C., Ltd.

Bangkok.

Mono c-Si Modules by Ekarat SolarMono c Si Modules by Ekarat Solar.

SMA Inverter.

330 kW, Energy Complex C., Ltd.330 kW, Energy Complex C., Ltd.

Bangkok.

Mono c-Si Modules by Ekarat Solar.

SMA Inverter.

Conceptual Design of 1 5 MW Solar Farm forConceptual Design of 1.5 MW Solar Farm forSolar Park Co., Ltd., Lopburi Province.

To use Sharp a-Si Thin Film Modules and LeonicsTo use Sharp a Si Thin Film Modules and Leonics Inverters.

Leader of

D i f S l Designs of Solar

Roofs

Green Rural AreasConventional Power Plants

Green Cities

Clean Energy PV Solar Farms

Experts of Design and Installation of Thai Solar Future.

Contact:

Professor Dr. Dusit Kruangam

Managing Director

Thai Solar Future Co., Ltd.

99/227-228 Tesabansongkhro Road

Ladyao, Chatuchak

Bangkok 10900

Thailand.

Phone +66-2-953-9163

Fax: +66-2-953-9167

Mobile Phone +66-85-918-3691

E-Mail: [email protected]

www.thaisolarfuture.com

Ngam Wong Wan RoadPong Pet Junction

Kasetsart

University

NHigh Way

to Chen Ngam Wong Wan Road

คลอง

Pong Pet Junction

The Mall Thai Solar Future Co., Ltd.

Wattana

Prachachua

งประป

า

99/227-228 Tesa Ban Songkhro Road

Ladyao , Chatuchaak, Bangkok 10900

Tel. 02-953-9163-64 Fax 02-953-9167

Mobile 085-918-3691 (Dr Dusit Kruangam) an Road

Wiphaw

ad

Mobile 085 918 3691 (Dr. Dusit Kruangam)

E-Mail: [email protected] , [email protected]

[email protected]

Tesaban Song Khro Road

Samien Naree

Temple

dee Road

Prachanives 1

MarketJunction

GardenBon Marche

Market

Ratchada Piset RoadKasemrat Hospital

Ratchawipha Bridge

Prachanukool

Junction

G ff Get off at

Ratchada

Central

Ladplao