4-6 October 2016 The NEC, Birmingham, UK - Amazon …© Solar Media Ltd., 2016 The UK solar industry: perspectives & opportunities 5 Introduction Solar Media Ltd •Solar Media Ltd

#celive #seuk @CleanEnergyLive cleanenergylive.co.uk

4-6 October 2016 The NEC, Birmingham, UK

#celive #seuk @CleanEnergyLive cleanenergylive.co.uk

3

The UK solar industry: perspectives & opportunities

Finlay Colvi l le, Head of Market Research

Solar Intell igence : Solar Media Ltd

4 October 2016

© Solar Media L imited, 2016

4 The UK solar industry: perspectives & opportunities © Solar Media Ltd., 2016

Copyright & Disclaimer

All information contained within this Presentation remains the property of Solar Media Limited at all times.

The Presentation is prepared for the exclusive use and benefit of the registered attendees and is provided solely for information purposes only.

No part of the Presentation may be reproduced, distributed or communicated to any other party without the express prior written consent of Solar Media Limited.

Although every reasonable effort is made to present current and accurate information within the Presentation, Solar Media Limited makes no such representation or warranty of any kind.

In no event shall Solar Media Limited be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance upon the Presentation.

Copyright © 2016 Solar Media Limited


Introduction

Solar Media Ltd

• Solar Media Ltd. is a diversified publishing, events and market intelligence business, servicing the global solar energy supply chain, including the renowned Solar Power Portal website.

Webinar presenter

• Dr Finlay Colville is Head of Market Research at Solar Media Ltd.

• Previously he was Head of Solar at NPD Solarbuzz between 2010 & 2014.

• His blogs have appeared regularly on Solar Power Portal since the start of the UK solar industry.

Data sourcing

• All data & graphics are provided by the in-house market research team at Solar Media Ltd.

• Additional feeds come from government registers & databases.


Contents

1. The UK solar industry at October 2016

2. Broadening the scope: UK & Ireland

3. Green shoots for UK solar

4. Brexit-&-cheap-panels means Brexit-&-cheap-panels

5. Secondary asset consolidation

Takeaways & sources of market intel












2. Broadening the scope: UK & Ireland

GB

• Build 1.2 ROC sites

• Domestic new-builds

• Water utilities

• Local councils’ sustainability plans

NI

• Understand the 12mo pipeline of NIROC projects to 31 March 2017

• Decide yes/no on domestic market play

Ireland

• 4 GW solar farm pipeline & growing

• Know which sites are good, bad & ugly

• Work out: who will be the EPCs?

UK & Ireland

• How does 2019 pricing impact ROI?

• Storage as a catalyst to RT revival?

2016

2017

2018

2019


3. Green shoots for UK solar?

Scottish Water: £9M solar roll-out from 2017



More landfill site coverage with solar farms



eg Application submitted September 2016 by local council in South East



Benefits of the Proposed Development

6.2 In addition to the benefits above, this project specifically offers benefits to the local area

and to the Council in a variety of ways:

(i) Income Generation and Economic Development:

Increase in investment in the Council area through being shown to be a “green” Council,

an improvement in the Council’s sustainable credentials and becoming a leader in local

renewable energy generation

Local job creation – solar panels are very low maintenance but do require cyclical

maintenance, such as cleaning, which would bring about jobs locally

Upskilling of workers locally – panels require MCS accredited installers. With the vision

of increasing solar PV farms of varying sizes across the Council area, this would bring

about real opportunities to upskill workers in the local area – in an area that there is an

increasing demand for, not just within the Council area but throughout Scotland

Generation of income through a Power Purchase Agreement which can then be used to

benefit local services provided by the Council

eg Application submitted September 2016 by local council in Scotland


4. Brexit-&-cheap-panels means…



Global Manufacturing Oversupply Southeast Asia has no MIP



Q2’17

~ 0.35 $/W


5. Secondary market consolidation

• 2016 has seen GW+ secondary market acquisitions in the UK solar industry

• Various 50-500MW packages sold off by vertically-integrated project-developer/EPC/asset-owners due to:

• Predetermined flip strategy

• Cash-flow problems

• Net result is UK large-scale sector moving to 5-6 asset owners with >50% installed capacity

• Simultaneously – bifurcation in upstream EPC-heavy UK-based firms moving to become O&M specialists, due to:

• Having existing staffing/resource by virtue of EPC work done 2012-2016

• Lack of other options?

• Creates interesting avenues for utility-based storage activity


Further information

Keep track of UK & Ireland market developments

Sign up to attend our events & meet-the-

market

Check out our printed journals & magazines

• For questions on the webinar, Email: [email protected] • To subscribe to our UK & Ireland market research reports:

[email protected]

Get storage news & market research

Documents

4-6 October 2016 The NEC, Birmingham, UK - Amazon …© Solar Media Ltd., 2016 The UK solar industry: perspectives & opportunities 5 Introduction Solar Media Ltd •Solar Media Ltd