Top Banner
SECURING RETURNS SYSTEMS AND SOLUTIONS BY REC Proven partner in large-scale solar project development and turnkey installation
6

SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

Jul 29, 2020

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

SECURING RETURNSSyStemS AND SOLUtiONS by ReC

Proven partner in large-scale solar project development and turnkey installation

V.20

1307

03

SiNGAPORe

ReC SyStemS Pte. LtD. 20 Tuas South Avenue 14Singapore 637312SingaporePhone +65 64 95 97 98

Page 2: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

FullyIntegrated

StRONG AND ReLiAbLe PARtNeR With a focus on integration and inno vation, REC is among the world’s largest producers of polysilicon and wafers for solar applications, a leading manufacturer of solar cells, and the largest European supplier of solar panels globally.

REC has more than 250 patents pending or granted, including the proprietary Fluidized Bed Reactor process which uses 90 percent less energy than traditional methods to produce high- quality polysilicon.

With a state-of-the-art integrated wafer, cell and solar panel production facility in Singapore, REC has complete control over the value chain, ensuring consistent high-quality products. Headquartered in norway, REC has operations worldwide to serve a growing global customer base.

DemONStRAteD eXPeRtiSeREC develops, installs and sells profitable solar power plants. The team manages all stages of project and turnkey solution development, depending on customer needs. With over 130 MW of power plants already installed globally, REC is a proven partner for system integration. The multi-award-winning solar panels from REC combined with experience and access to financing, makes REC uniquely positioned to lead the development and realization of medium- and large-scale solar power plants.

Whether an investor is seeking reliable financial returns, a project developer in need of support, or a general contractor specializing in solar, REC is a proven partner ready to deliver real returns.

ReC offers a full range of services and solutions for the realization of solar systems and power plants:

SyStemS AND SOLUtiONS PROViDeRREC’s fully-integrated value chain extends beyond solar panels to also include large-scale full system integration.

Systems by REC combine industry-leading insight and expertise, with high-performing solar panels and engineering skills, to provide world-class project development and turnkey solutions. With a growing portfolio of success stories, REC’s Systems division builds and and supports project development worldwide from the head office in Munich, Germany and with regional offices in the USA, Singapore, India and Dubai.

REC’s global Systems organization includes professionals with extensive solar industry experience in project development, turnkey installations, financing and legal services.

REC is a leading integrated solar energy company, with the skills, expertise, and award-winning technology needed to deliver a real financial and environmental return on investment.

Project DeveloPment

• Site identification, verification, purchasing and development

• Permit management (building, environmental, utility)

• Subsidy and entitlement setup (FIT, PPA)

• Due diligence

Financing

• Business case assessment• Investment structuring• Debt and equity sourcing

ePc/turnkey solution

• Facility design• Project and build costing• Yield analysis and technical

planning• Subcontractor tendering and

negotiation• Project and site management• Commissioning

oPerations

• Monitoring• Maintenance• Subcontracting• Auditing

Page 3: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

Project: iKeA, GermanySystem type: RooftopSystem size: 582 kWREC role: Turnkey installation after winning IKEA tender processTechnology: Fixed tilt aerodynamic Annual capacity: 582 MWhTons CO2 saved annually: 530

Systems by ReC:

Regensburg/Freiburg, Germany (582 kW)Isle of Wight, UK (5 MW)

Provensolutions

REC has a strong track record of developing highly successful solar electricity systems and projects around the world.

Project: Durrants farm, UKSystem type: Ground mountedSystem size: 5 MWREC role: Project development, financing, equity sales and turnkey installationTechnology: Fixed tilt systemAnnual capacity: 5,400 MWhTons CO2 saved annually: 3,500

Project: Phenix, italySystem type: Single axis-trackingSystem size: 24.2 MWREC role: Project development, financing and turnkey installation in consortium with ABBTechnology: East-west single axis tracker systemAnnual capacity: 36,763 MWhTons CO2 saved annually: 15,183

Piemonte, Italy (3.8 MW)

Project: Jasemba, italySystem type: RooftopSystem size: 3.8 MWREC role: Project development, permitting, turnkey installation, connection and financingTechnology: Semi integrated fixed tilt systemAnnual capacity: 3,802 MWhTons CO2 saved annually: 2,030

Canino, Italy (24.2 MW)

Page 4: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

PORTFOLIO OF SELECT LARGE-SCALE SYSTEMS BY REC

fiRSt PLACe PHOtON mODULe fieLD teSt 2011•Highest yield in year-long

real-world comparative study

SOLAR iNDUStRy AWARD

2011: Silicon innovation• Fluidized Bed Reactor

(FBR) Process

2010: Module Manufacturing Innovation• Integrated, highly

automated production facility

AWARD WInnInG SOLAR SOLUTIOnSProject: bitterfeld, GermanySystem type: Ground mountedSystem size: 6 MWREC role: Project development, financing, equity sales and turnkey installationTechnology: Fixed tilt systemAnnual capacity: 6,101MWhTons CO2 saved annually: 3,435

Bitterfeld, Germany (6 MW)

Project name Country System Size Year Completed

Mizil Romania 8.0 MW 2013

Schependorf Germany 10.2 MW 2012

Schongau Germany 3.8 MW 2012

Bero-Eneri 5 Italy 7.4 MW 2012

Bero-Eneri 6 Italy 6.6 MW 2012

Villacirdo Italy 5.0 MW 2012

Jasemba Italy 3.8 MW 2012

Sarda Solar Italy 1.9 MW 2012

Bitterfeld Germany 6.1 MW 2011

Phenix Italy 24.2 MW 2011

Bero-Eneri 3 Italy 9.7 MW 2011

Sonnedix Italy 5.2 MW 2011

Bero-Eneri 2 Italy 4.8 MW 2011

Forte Italy 4.7 MW 2011

Soleil Italy 2.5 MW 2011

Bero-Eneri 4 Italy 2.3 MW 2011

Durrants Farm UK 5.0 MW 2011

Ebbsfleet UK 4.9 MW 2011

Rybnicek Czech Republic 4.5 MW 2010

Luxel France 5.0 MW 2010

IKEA Germany 581 kW 2010

Bero-Eneri 1 Italy 5.8 MW 2010

HIGH PERFORMAnCE SOLAR PAnELS

fROSt & SULLiVAN 2011 beSt PRACtiCeS AWARD•Global solar power Customer

Value Enhancement Award

2011

GLOBAL SOLAR POWERCUSTOMER VALUE ENHANCEMENT AWARD

REC solar panels have multiple accreditations verifying high quality and performance. REC Peak Energy Series solar panels received an enhanced certification from SERIS for potential-induced degradation (PID) resistance, performing very well in one of the harshest PID tests in the industry, demonstrating their suitability in regions with high temperature and high humidity. In addition, they are certified as “desert-proof” according to IEC 60068 protocol by SGS. This “Blowing Sand Test” measures durability in harsh desert environments characterized by blowing sand.

Aude and Haute Garonne, France (5 MW)

Mae Chan, Thailand (9.5 MW)

Project: Luxel, franceSystem type: Ground mountedSystem size: 5 MW

Project: Chiang Rai, thailandSystem type: Ground mountedSystem size: 9.5 MW

Page 5: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

The integrated production facility in Singapore is expected to deliver 800 MW of solar panels in 2013, a more than 52 percent increase from the output in 2010. This is planned to further increase to keep up with the global demand for REC solar panels. Contrary to the industry trend of rising debt levels, REC continues to reduce its debt year over year: from EUR 946 million at the end

of Q1 2011, to EUR 254 million at the end of Q1 2013 – a 74 percent reduction in just two years. In combination with high-quality products plus a competitive cost and market position, REC is a strong partner throughout the value chain. For the latest and compre-hensive information about REC’s financials, please visit www.recgroup.com

Top: REC’s silicon production facility in Moses Lake, Washington, USA. Above: REC’s integrated wafer, cell and module manufacturing facility in Tuas, Singapore.

SyStem

SOLAR PANeL

CeLL

WAfeR

SiLiCONThe REC value chain

FinanciallySolid

With its solid financial position, REC has the resources to support the development of large renewable energy projects over the long term.

end end end

ReC continues to reduce net debt (in EUR million)

ReC solar panel production output (in MW)

Page 6: SECURING RETURNSportals.recgroup.com/Documents/Downloadcenter/Solar... · ReC SOLAR SOLUtiONS DmCC Jumeirah Lake Towers X3 Tower, Office #410 PO Box 38175 Dubai UAE Phone +49 89 44

V.20

1307

03

USA

ReC SyStemS, iNC. 1159 Triton DriveFoster City, CA 94404U.S.A.Phone +1 650 212 1244

Email: [email protected]

GeRmANy

ReC SyStemS GeRmANy GmbH Leopoldstr. 17580804 MunichGermanyPhone +49 89 44 23 85 90

DUbAi

ReC SOLAR SOLUtiONS DmCC Jumeirah Lake TowersX3 Tower, Office #410PO Box 38175DubaiUAEPhone +49 89 44 23 85 90

SiNGAPORe

ReC SyStemS Pte. LtD. 20 Tuas South Avenue 14Singapore 637312SingaporePhone +65 64 95 97 98

COnTACT US

iNDiA

ReC SyStemS iNDiA3-B, Third Floor, M6 Uppal Plaza,Jasola District Centrenew Delhi-110025IndiaPhone +91 11 40 667 779

REC is a leading global provider of solar electricity solutions. With nearly two decades of expertise, we offer sustainable, high-performing products, services and investment opportunities for the solar and electronics industries. Together with our partners, we create value by providing solutions that better meet the world’s growing electricity needs. Our 2,300 employees worldwide generated revenues of more than nOK 7 billion in 2012, approximately EUR 1 billion or USD 1.3 billion.

Renewable Energy Corporation ASA Kjørboveien 29PO Box 5941302 SandvikanorwayPhone: +47 67 57 44 50

www.recgroup.com