Fotovoltaic Project Romania 48 MW (Fetesti)

FETESTI PHOTOVOLTAIK PARKS

Index

₃ Executive Summary

₃ Localization

₃ Land Status

₃ Obtained licenses

₃ Licenses to obtain

₃ Solar data & Production

₃ Romania and Europe Solar map ₃ Opportunity Background ₃ Index Technical and financial reports ₃ Index Authorizations

Executive Summary

₃ Strong, technically proficient team with almost 4 years of cumulated experience in the renewable energy sector ₃ Balanced blend of project management experience and solar energy technical expertise ₃ Involved in Solar projects development and implementation over 170 MW in Romania. ₃ Solid network of contacts in all Romanian institutions connected to renewable energy

sector ₃ Specialist technical background

₃ Strategy is to develop projects, ready to build for investors, construct and operate the solar farms.

₃ Professional team, including a technical consultant with a large experience, over 40

years concerning the Romanian energetic system; member of the management team of main important energetic companies.

Localization

₃ Will have an installed power of totally 48 MWp, being developed over a land of 95 ha; connection to national grid is 8km from site. The project have solution of connection on high voltage to 110KV with a substation.

₃ The Project is developed near Bucharest, 130 km distance (on the highroad A2) in Fetesti City – Ialomita County

₃ Access is assured through national road DN A3

₃ The land is near the substation 20 KV/110 KV in Fetesti

Land status

₃ The land is flat without shading areas.

₃ Total land surface is : 95 Ha.

₃ The land is the property of the company . ₃ The distance to the connection point is 8 km.

₃ Access road to Project location; No river across the land.

Obtained Licenses

₃ Urbanity planing certificated

₃ Topographic and geotechnical study.

₃ Environmental License

₃ Public health license

₃ Enel opinion

₃ OCPI license.

₃ P.U.Z (urbanistic plan to change the destination of the land from agricola to industrial)

₃ DTAC. (The technical project for the construction needed to obtain the permit for construction)

Licenses to obtain

₃ Construction License

₃ ATR (connexion license).

₃ READY TO BUILD.

₃ Connexion Contract

Solar Data & Production

₃ Over 210 sunny days per annum and 1,154.4 kWh / m² / yearly solar flux energetic (average solar energy from solar radiation which is considered on incidental horizontal plan)

₃ Centre for Renewable Energy Sources-approved software used – Photovoltaic

Geographical Information Systems (PVGIS).

₃ The figures are submitted in kWh (mp/year), in horizontal plan, the most used calculation method for energetic application.

₃ The solar map related for Giurgiu area is developed and offered by Energy Research

Institute, Italy - entity under coordination of EU

Romania & Europe– Solar map

Technical proposed solution ₃ Fixed system technology. ₃ Polycrystalline-Silicon Cells, the best solution taking into consideration the PV surface project

and the equipment costs acquisition which offer a production yield of 15-17%.The power of the panel is 230 W from Swiss Watt.

₃ Inverter Power One, SMA 500 TL. ₃ Aluminum fixed structure with the inclination of the panel to the horizontal of

30º and azimuth 0º.

Opportunity Background

₃ Romania rated as the 3rd fastest growing country in the EU for gaining planning permission for wind turbine developments (according to European Wind Energy Association); After the coming into force of Renewable Energy Law it is expected a similar growth.

₃ For the next 2-3 years at least, the revenues from green energy projects (MWh price plus GC price) will be higher than the current price situation (no external market factors are considered).

₃ Capacity power solar energy in Romania predicted to reach 1.2 TWh by 2020 (currently

the power installed is a little bit lower than 2GWh)

₃ Romania estimated to have a very high solar energy potential in Europe. Romania ranks 11

th place in the 30 EU countries (included Turkey, Croatia and Macedonia) as a potential

of global yearly irradiation, from horizontal & optimum angle and vertical mounting. The best positions are “occupied” by the south countries, like Turkey, Spain or Greece.