POWERING AFRICA WITH CLEAN RENEWABLE ENERGY
SOLARRESERVE – A LEADER IN UTILITY SCALE SOLAR WITH A STRONG RECORD OF SUCCESS IN DEVELOPING PROJECTS GLOBALLY
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GW EXTENSIVE GLOBAL DEVELOPMENT PIPELINE
246 MW
PV PROJECTS IN OPERATION IN AFRICA
775
$1.8B
DEVELOPMENT AND LONG-TERM POWER CONTRACTS
PROJECTS IN OPERATION WORLDWIDE
MW
USD
SOLAR SOLUTIONS ACROSS AFRICA
OFFERING SOLAR SOLUTIONS ACROSS AFRICA
KEY BENEFITS OF SOLAR POWER REDUCES ELECTRICITY BILLS HELPS PROVIDE ENERGY SECURITY PROVIDES LOCAL JOBS THROUGH LOCALISED SUPPLY CHAIN SUPPORTS AFRICA’S GROWING DEMAND FOR GENERATION CAPACITY STIMULATED THROUGH ECONOMIC GROWTH DELIVERS CLEAN ZERO-EMISSIONS ELECTRICITY
ACTIVELY DEVELOPING PROJECTS ACROSS AFRICA
PROVEN LEADER IN SOLAR ENERGY AND STORAGE
SolarReserve’s experienced team of power project professionals has assembled an extensive global development pipeline of 8 gigawatts (GW). The robust portfolio is strategically positioned to secure power offtake contracts, and includes: • Advanced solar thermal technology with integrated energy storage (Concentrating Solar Power or “CSP”) • Photovoltaic (PV) technology • Hybrid solutions (combined CSP and PV) • Urban solar solutions (PV with optional battery back-up) SolarReserve’s CSP, hybrid CSP/PV, and PV with battery back-up solutions eliminate the intermittency issues associated with PV-only projects while providing cost efficient and reliable electricity generation. SolarReserve Urban Solar Solutions provides turnkey, grid-tied and off-grid solar photovoltaic (PV) rooftop, ground-mount and car port solutions to African commercial and industrial entities. The company has been awarded 346 MW of projects in South Africa, with 246 MW currently operating.
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SolarReserve is a leading developer of utility-scale solar power projects and advanced solar thermal energy storage technology with $1.8 billion of projects in operation worldwide. We hold the world’s leading proprietary solar thermal energy storage technology that enables our concentrating solar power (CSP) plants to operate even after the sun sets, with zero fossil fuel and zero emissions.
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SOLARRESERVE URBAN SOLAR SOLUTIONS COMMERCIAL, INDUSTRIAL, RETAIL, HEALTHCARE AND HOSPITALITY Zero Installation Costs • 5 - 7 Year Agreement Terms • Customised Solar Design •
Rooftop
Carpor t
DEMONSTRATED TRACK RECORD EXPERIENCE AND PIPELINE FOR URBAN SOLAR INSTALLATIONS • 15 installations already in operation for Netcare and Medicross with five currently under construction • An additional pipeline of over 70MWs
OVER 850,000 INSTALLED SOLAR PANELS OVER 246 MEGAWATTS INSTALLED & IN OPERATION IN SOUTH AFRICA GET STARTED TODAY! Contact a SolarReserve representative: +27 11 582 6880 SouthAfrica@SolarReserve.com www.solarreserve.com
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Guaranteed Energy Savings with Zero Investment
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Ground-Mount We Guarantee the Power We Provide will: • Reduce your energy costs • Limit exposure to future tariff uncertainty • Provide a clean, renewable energy supply that will reduce your carbon footprint • Receive a fully automated, uninterrupted transition to greener energy
We Make it Easy • Zero capital outlay with zero risk • Quick turnaround time from agreement to installation to energy generation • We handle construction, operation and maintenance with limited impact on customers business
Customised Solar Design • Solar PV Carport • Ground-Mount Solar • Rooftop Solar Installations
NETCARE 911 Midrand, Gauteng OPERATING
MEDICROSS Krugersdorp,Gauteng OPERATING
MEDICROSS Germiston, Gauteng OPERATING
COMMERCIAL ROOFTOP SOLAR
Netcare & Medicross Rooftop PV Overview
SolarReserve’s alternative clean energy solutions helped Netcare meet the goals of their environmental sustainability strategy to reduce their carbon footprint and ensure the security of the supply of electricity required by their high-acuity operations, which is critical in delivering the best patient experience. Actively managing their dependency on municipal power during standard tariff periods by securing a portion of their power supply from a clean, renewable power source that they own results in direct and indirect cost savings, reduced environmental impact and better management of risk related to future municipal tariff uncertainty.
• Location: 20 facilities: the Netcare 911 call centre in
Midrand and 19 Medicross family medical and dental centres across South Africa • Technology: Photovoltaic (PV) • Size: Combined capacity of 1.15 MW • Electricity Production: a cumulative production of over 1963.50 MWh/year
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SOLARRESERVE UTILITY-SCALE SOLAR SOLUTIONS
Picture of SolarReserve’s US project shown is representative of the future Redstone project
REDSTONE Postmasburg, Northern Cape Province PPA SIGNED 2018 The first of its kind in Africa, the Redstone Solar Thermal Power Project features SolarReserve’s world-leading molten salt energy storage technology in a tower configuration with the capability to support South Africa’s demand for energy when it’s needed most – day and night. The 100 MW project with 12 hours of full-load energy storage will be able to reliably deliver a stable electricity supply to more than 200,000 South African homes during peak demand periods, even well after the sun has set. Fuelled completely by the sun, with no back up fossil fuel required, the project also features dry cooling of the power generation cycle as an important element to minimise water use. The project was developed in response to the South Africa Department of Energy’s Round 3 call for CSP projects for the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). With the lowest delivered electricity price of any CSP project in the country to date, the Redstone project will generate more than 480,000 megawatt-hours per year. The Redstone project will be located adjacent to the 75 MW Lesedi and 96 MW Jasper photovoltaic (PV) solar power projects successfully developed by SolarReserve and its investment partners. Together, 5
Storage allows the facility to produce more than twice as much net annual output (megawatt hours) than traditional solar without storage
the three projects comprise a combined CSP and PV solar park with a total of 271 MW of generating capacity.
Redstone Project Overview
• Location: Postmasburg, Northern Cape Province • Technology: SolarReserve’s proprietary CSP tower
technology with Molten Salt Thermal Energy Storage • Size: 100 megawatt (MW) facility output • Storage: 12 hours of full load energy storage, providing the ability to generate electricity on-demand as required, day and night • Electricity Production: 480,000 MW-hours annually– twice the generation of an equivalent sized photovoltaic (PV) project Investment Partners: SolarReserve and International • Company for Water and Power Projects (ACWA Power) • Homes Powered: More than 200,000 homes • Dry Cooling: Significantly reduces the use of water
LETSATSI Bloemfontein, Free State Province OPERATING
JASPER AND LESEDI Postmasburg, Northern Cape OPERATING The Lesedi and Letsatsi Solar PV Projects, which came online in May 2014, are two of the largest project finance transactions ever completed in South Africa and among the largest renewable energy projects in Africa. The projects, totalling 150 MW of installed capacity, are capable of powering more than 130,000 South African homes with clean energy. As part of the South African Renewable Energy Independent Power Producer Procurement Program (REIPPPP), the projects set aside a percentage of total project revenues for Enterprise Development and Socio-Economic Development for the benefit of the local communities. The Jasper Solar Power Project came online in October 2014 and is fully operational, playing a part in helping South Africa meet its renewable energy targets, in addition to stimulating long term economic development and creating new jobs. The Jasper project generated about 1 million man-hours during construction, peaking at over 800 on-site construction jobs. With over 325,000 PV modules, the Jasper project is delivering in excess of 180,000 megawatt-hours of renewable electricity annually for South Africa residents – enough to power up to 80,000 households.
Lesedi Project Overview
• Location: Postmasburg, Northern Cape Province • Technology: Photovoltaic (PV) • Size: 75 MW-DC installed capacity; 64 MW-AC net generation
• Electricity Production: 150,000 MW-hours annually • Power Purchaser: 20-year government supported PPA with Eskom
• Homes Powered: 65,000 homes Jasper Project Overview
• Location: Postmasburg, Northern Cape Province • Technology: Photovoltaic (PV) • Size: 96 MW-DC installed capacity; 75 MW-AC net generation
• Power Purchaser: 20-year government supported PPA with Eskom
• Electricity Production: 180,000 MW-hours annually • Homes Powered: 80,000 homes Letsatsi Project Overview
• Location: Bloemfontein, Free State Province • Technology: Photovoltaic (PV) • Size: 75 MW-DC installed capacity; 64 MW-AC net generation
• Electricity Production: 150,000 MW-hours annually • Power Purchase: 20-year government supported PPA with Eskom
• Homes Powered: 65,000 homes
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USA SANTA MONICA, CA (HQ)
CHILE SANTIAGO
CRESCENT DUNES Tonopah, Nevada 110 MW + 1,100 MWh storage
COPIAPÓ, Atacama Region 260 MW + 3,400 MWh storage
SANDSTONE Nevada 2,000 MW + 20,000 MWh storage
TAMARUGAL Tarapaca Region 450 MW + 5,800 MWh storage LIKANA Antofagasta Region 390 MW + 5,100 MWh storage
SOUTH AFRICA JOHANNESBURG
REDSTONE Northern Cape,100 MW + 1,200 MWh storage LESEDI Northern Cape, 75 MW LETSATSI Free State, 75 MW JASPER Northern Cape, 96 MW HERTZOGVILLE Free State, 50 MW ROOIPUNT Northern Cape,150 MW +1,800 MWh storage
DEVELOPMENT ACTIVITY OPERATING AWARDED ADVANCED DEVELOPMENT
Office CSP Projects PV Projects
U.S. Headquarters 520 Broadway, 6th Floor Santa Monica, CA 90401 Phone: +1 310 315 2200 Toll-Free: +1 866 622 2778 Fax: +1 310 315 2201 www.solarreserve.com
South Africa Office 11C, 11th Floor SinoSteel Plaza 159 Rivonia Road Sandton, South Africa 2196 Phone: +27 11 582 6880 Fax: +27 11 784 7549 Email: southafrica@solarreserve.com
Copyright ©2018 SolarReserve All Rights Reserved.
CHINA
KOTULO TSATSI Northern Cape, 150 MW + 1,800 MWh storage ARRIESFONTEIN SOLAR PARK Northern Cape, 75 MW - Wilger 75 MW - Arriesfontein KALKAAR Free State,150 MW + 1,800 MWh storage WHEATLANDS Gauteng, 10 MW NETCARE LIMITED South Africa, 700 kWp
500 MW of supply opportunities into 6 GW CSP program
AUSTRALIA ADELAIDE
AURORA Port Augusta, SA 150 MW CSP + 70 MW PV + 1,200 MWh storage