siting renewable energy projectssunedison north america’s largest solar energy service provider...
TRANSCRIPT
Agenda
Overview of SunEdison
General thoughts about project siting
Roadblocks
Opportunities
Examples
Q&A
SunEdison
North America’s largest solar energy service provider
Over 480 solar power plants, built, financed, and/or under
O&M
~290+ MW (expected by year end) of 100% renewable
electricity installed
Europe’s largest single-site solar plant (70 MWs)
Demonstrated track record with financial institutions
Over $2.5bn in financing experience
Systems operating at 104% of underwritten investment
MEMC, parent company of SunEdison
50 year old, $2.5bn market cap, S&P500 corporation
Leader in manufacture of silicon wafers for solar and
semiconductor
Strong balance sheet and low cost manufacturing
infrastructure
General Thoughts About Project Siting
Requires collaboration and
alignment with multiple
stakeholders – landowners,
community leaders, permitting
and regulatory agencies, wildlife
and the environment
Renewable energy is
compatible with the environment
as it does not produce harmful
emissions or hazardous waste
Many agencies have adopted
siting guidelines
Work crews install pilings for a solar plant in New Mexico
Roadblocks to Siting Projects
Transmission and distribution
limitations
Permitting and regulatory
Southwest US – Obtaining land
easements through federal/state
land to access project site
Northeast - Environmental
“overlays & setbacks” reduce or
eliminate good land for solar
NIMBYs / community opposition
Western U.S - Severed minerals
estates or blanket easements
Solar power plant in Rifle, CO
Opportunities for Siting Projects
Brownfield sites – land previously
used for industrial purposes
Publicly owned lands – land owned
by cities, utilities, and other
public/state agencies
Project sites that have distinct,
unique advantages
Airports – Denver International,
Albuquerque International Sunport
and Lakeland Linder Regional
Airport
Jobs/Industry creation for the
community beyond energy
Align multiple solutions
SunEdison project on closed landfill in MD
Example - CPS Energy
CPS Energy 400 MW RFP
“We plan to use this RFP to attract solar
manufacturing or assembly to San
Antonio. Collaborating with strong
partners such as the City of San
Antonio, chambers of commerce, the
Economic Development Foundation,
Port San Antonio, the University of
Texas at San Antonio (UTSA) and the
armed services will provide additional
leverage,” said Beneby. “We’re aiming
for the complete package – a contract
that is also ripe with partnerships for
research and development, and support
for education.”
Example – OPA Domestic content
Ontario Power Authority Feed-In Tariff
Includes a domestic content
requirement
Solar PV projects > 10 kW have a
minimum domestic content
requirement of 50% if COD before
Jan 1, 2011 and 60% if COD after
Jan 1, 2011
MEMC/SunEdison partnered with
Flextronics to create ~400 jobs for
the production of solar panels
Flextronics workers assemble MEMC solar
panels in Newmarket, ON