CSP Empowering Saudi Arabia with Solar Energy

Third Saudi Solar Energy Forum Holger Fuchs, Senior Executive Manager | Project Development Riyadh | April 3, 2011

Solar Millenniums business and partner model

Project Development & Financing

Financial Product Development & Sales

Location search and qualification Approval process Securing land / grid access Financing of power plant projects Sale of power plant stakes / minority interests

Engineering, procurement of components and construction (EPC) of solar-thermal power plants

Generation of local content through involvement of regional partners along the value chain
Solar Millennium Group We are developing the future Page 2

Worldwide activities of Solar Millennium

USA Asia MENA

Possible future markets

Kuraymat (1x61 MWth) DNI ~ 2,400 kWh/a

Solar Millennium Group We are developing the future

Page 3

MENA: Kuraymat, first CSP* plant in Egypt

of the solar field began at the end of 2010

investment: 250 million, approx. 30% for the 130,000 m solar field
supervision and supply of key components for the solar field start of operations, Flagsol and Orascom will operate the solar part of the power plant for two years before ultimately handing it over to the owner NREA

Engineering,

After

* CSP = Concentrating solar power, solar-thermal power plants ** ISCC = Integrated Solar Combined Cycle Power Plant Solar Millennium Group We are developing the future Page 4

Kuraymat: Construction phase

Solar Millennium Group We are developing the future

Page 5

Kuraymat: Location

Lat.: 29 16 North Long.: 31 15 East

Solar Millennium Group We are developing the future

Page 6

Kuraymat: Satellite view of site

Solar Millennium Group We are developing the future

Page 7

Kuraymat: Procedure
3 Bid Packages
EPC

for Solar Island and O+M Contract (2 years) 61 MWth (40 Loops) EPC Combined Cycle power plant 1 gas turbine 80 MW and 1 steam turbine 70 MW Combined Cycle O+M Contract (5 years) Timeline
1999:

Feasibility Study 2005: Pre-Qualification 2007: decision Flagsol/Orascom for solar, Iberdrola for Combined Cycle January 2008: Effective Date 27 months after Effective Date: Completion of Facilities 30 months after Effective Date: Operational Acceptance

Solar Millennium Group We are developing the future

Page 8

Kuraymat: Scope of work (local content 60%)

Components
Mirrors HCE Swivel Joints Control System Valves HTF Fluid Main / Aux. Pumps HTF Heater Instrumentation Photogrammetrie Commissioning Equipment

Solutions needed for challenging environment: Special vehicles for cleaning the mirrors, ensure to collect the most possible amount of solar radiation

Solar Millennium Group We are developing the future

Page 9

Kuraymat: Interface
Interface between Contract 1) and 2) is the inlet and outlet flange of the heat exchanger
Stack Exhaust 100C 393C

Steam 540C, 100bar

Solar HX

HRSG Steam Turbine

Air and vapour

G ~
Condenser

Cooling Tower

Air

Air

Parabolic Trough Field

293C 600C

G
Gas turbine(s) Solar Millennium Group We are developing the future

Electricity to the grid

~
Page 10

Kuraymat: Organisation
Overview Organisation of El Kuraymat Project Solar Island

Owner

NREA (New and Renewable Energy Authority)

EPCContractor

OCI ORASCOM Construction industries

Sub Contractor

Flagsol

NSF National Steel Fabrication

Solar Millennium Group We are developing the future

Page 11

Best Practice: Europes first parabolic trough power plants, full CSP
Video

Solar Millennium Group We are developing the future

Page 12

Best Practice: Andasol 1-3 (stand alone CSP Plant incl. TES*)
3x50 MW = 150 MW Total financing volume approx. EUR 1bn Solar power for more than half a million people Andasol 3: start of operation expect. in summer 2011; Co-investors: Stadtwerke Mnchen (Munich City Utilities), RWE Innogy, Rhein Energie, Ferrostaal the first parabolic trough power plant in Europe and until now the only one in the world working with thermal storage (allows a stable electricity supply 24 h / 7 d)
Regulation Feed-in compensation for CSP definitively guaranteed by Spanish RD #661 (May 2007)
* TES Thermal Energy Storage Solar Millennium Group We are developing the future Page 13

Best Practice: Blythe, pot. model for Saudi Arabia with dry cooling concept
Blythe, The

California: 1 Gigawatt (1GW)

worlds largest solar power plant power for more than 300,000 US households on Blythe 1 - 2 (2x250 MW) started

solar

Construction Blythe

1 - 4: 1,120 loops* 179,200 absorber pipes

2.15 million mirrors 192,000 tons of steel 2,240 hectares of land

than 1,000 jobs

than 1 million tons of CO2 emissions saved p.a.

Millennium US projects (2 GW in California and Nevada) will feature dry cooling technology that uses 90% less water than water-cooled design

* HelioTrough technology Solar Millennium Group We are developing the future Page 14

Thank you for your attention!

Solar Millennium Group We are developing the future

Page 15