Encouraging Green Power: Cooperation between the Private Sector and Government Avi Brenmiller, May...

Encouraging Green Power: Cooperation between the Private Sector and Government

Avi Brenmiller, May 21 2008

What is Solar Thermal Power?

Free and secure resource, widely available and highly predictable

Uses reflectors to concentrate sun’s energy and create heat

Uniquely suited for answering peak demands

% of power generated vs. capacity

Load

Wind *

Solar **

Who is Solel?

Game-changing, massive scale solutions Clean & renewable solar “fuel” for power plants One-stop solution Only commercially proven electricity-producing solar

thermal technology: California SEGS Over 300 employees – world’s largest solar thermal

company Building power plants in Spain and US Over $450 million in backlog in 2008 Ongoing major investments in R&D and production

capacity

Obstacles to solar projects (and not just in Israel)

Lack of any clear regulatory framework to govern the basic transactions

Not clear how to acquire land to build a power plant

Who would sell the electricity and who would purchase it

With which entity would a potential private supplier of electricity sign a contract

Need to be competitive from Day 1

Direct subsidy though end user’s bill, sector by sector Government revenue guarantees to producers (feed-in tariffs

protected by law – average of 0.30 € KWh up to 34.5 € KWh) Local authorities support local production with grants in

range of 30% with no tax on project revenues Commoditization of project financing process: package can

be 90% debt/ 10% equity Commercial debt packages – up to 18 or 20 years Grid connection streamlined and divided between three

agencies : production, delivery, and grid management

Encouraging Green Power :Spanish Example

Solel Solution: Utility Scale Solar Fuel

KJC Solar Plant in Mojave Desert with parabolic trough

Producing 350 MW of clean, renewable

electricity Supplying the needs of half a million

consumers Eliminating the need for two million barrels of

oil a year

The SEGS Solar Fields: Mojave Desert

Solel’s technology commercially proven Solel’s technology commercially proven

for over twenty yearsfor over twenty years

Solel recently re-supplied all of the plants’ solar receivers, upgrading output by up to 30%

Elements of a Solar Power Plant

Solar Field Power Block

HTF System Balance of plant Civil works

Solel’s SunField 6 :Built-In Solar Fuel

Change the rules of the energy equation: Solel to partner with governments, utilities, and local engineering & construction companies to build solar powered power plants

Solel offers an independent source of energy to every country with an independent source of sunshine

Plug in Solel’s clean solar field into the power plant model – no emissions

Solel’s fully engineered solar field packages fuel local job creation and economic growth

Solel offer to Governments and Utilities

Solar Collector Assembly (SCA)Building block of the SunField 6 Solar Field

Solel’s Solel 6 parabolic trough

Each SCA: 224 reflector panels

Each SCA: 24 UVAC 2008 receivers

Local Controller (LOC) system with hydraulic drive to track the sun

Solel’s UVAC 2008 Vacuum Collector

Unique Selective and Anti Reflective Coatings

30% More Yearly Thermal Output

Highest Solar Radiation Absorption

Operates at Temperatures Up To 400°c (750°f)

Patented Radiation Shield System

Patented Vacuum Maintenance Unit

Plant operating at Solel Headquarters, compact parabolic trough located on top of car park, power block in middle front.

Solel Solution: On-Site Power

Industrial cooling and heating system installed in Trento, Italy

Collectors supply hot water at 100º C, enabling operation of absorption cooling machines

Solel Solution: Industrial Cooling and Heating

Solar Industrial Water Heating:Applications

Industries

Large residential

Hotels & resorts

Swimming pools

Hospitals

FACT: About 50% of utility-produced electricity is used for heating and

cooling

Large Scale Water Heating - Spain

Air Conditioning (Toyama Japan)

Pool Heating

Solel: Delivering clean power when it’s needed most

avi@solel.com