Current project projections: Project development hurdles and financial considerations faced

  • Session Topic
    Large Scale Solar
    Solar PV
    Solar Thermal

Current project projections: Project development hurdles and financial considerations faced

3 Oct 2018, 11:20 AM - 12:40 PM

Room 219
Language:
English (Australia)

Chair: Haydn Fletcher, Country Manager, Modules and System Solutions, Canadian Solar

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Solar technologies for deployment in 2019 and global supply – how this will affect performance and price

David Owen, Founder and Director, Solar Media Limited and Director, Clean Energy Marketing Services

- What developers and EPCs need to know about module technology and global supply.

- Where module shipment volumes are going in 2018/19 and how this could impact your current and future projects.

- Why developers, EPCs and funders are getting smarter about component technology to guarantee project performance.

- How the growing trend of multi national developers will impact large scale solar deployment markets.

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The road to financial close – addressing lender concerns on technical risks

Vivienne Roberts, Project Manager, WSP

Recently, overall construction and commissioning timelines of utility-scale solar PV projects in Australia are under pressure to achieve commercial operation as soon as possible.  However, before construction can commence the project needs to achieve financial close – where project agreements are executed and project finance is secured.

As more solar projects are developed around Australia, the role of the lenders and lenders’ engineers has become more important in a project’s ability to reach financial close successfully.  The technical due diligence review is a vital part of this process; it identifies potential risks and assesses the project’s technical viability.  

While each project has its own unique technical characteristics and inherent risks, there are often commonalities between projects. Identifying them and preempting the lenders’ main concerns can help to avoid delays and progress projects from development to construction stages efficiently.

This presentation will explore some of the common concerns identified by the lenders and the lenders’ engineers in the run up to financial close, such as:

  • Contract development and transfer of risks to EPC and O&M contractors
  • Early works agreements
  • Contractor capability
  • Major project interfaces
  • Energy yield and financial model inputs and assumptions
  • Site specific considerations – geotech, topography and solar resource
  • Grid connection considerations including generator performance standards
  • Key equipment’s track record
  • Module independent inspections and tests
  • Planning and environmental approvals and licenses
  • Performance guarantees and availability guarantees
  • Securities and bonds
  • Project schedules and sunset dates

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Local Government large scale solar implementation around Australia

Demian Natakhan, Director, Enhar Pty Ltd

Local Council led solar farms are on the increase. Scaling up solar implementation for local government requires overcoming challenges of business model and power procurement arrangements. Selecting the right sites and developing the project to deliver good economic, social and environmental outcomes to local ratepayers is key. The presentation will examine a range of case studies highlighting the success factors and pitfalls, including Council-led solar farms in the 5-15MW range on former landfills and other public land.

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Boosting Energy Yield with Smart Control Technology

Pete Wheale, VP Sales - Australia, NEXTracker

Solar power developers are constantly looking for ways to reap the maximum return on their investment over the life of the plant. In this industry effort to optimize and enhance energy yield on solar power plants across the globe, NEXTracker has one year of TrueCapture field trial results to share on its latest smart control system, TrueCapture™. TrueCapture boosts solar power plant production by continuously optimizing the tracking algorithm of each individual row in response to site features and changing weather conditions.

Contributors

  • Haydn Fletcher

    Chairperson

    Country Manager, Modules and System Solutions

    Canadian Solar

    Haydn left his studies to be an astronaut and shifted his passion for space to the sun. He has 17-years industry experience in both B2C & B2B sales...

  • David Owen

    Speaker

    Founder and Director

    Solar Media Limited

    Founder and Director of Solar Media, David has been involved in the global solar industry for over 12 years. Launching well known brands like...

  • Vivienne Roberts

    Speaker

    Project Manager

    WSP

    Vivienne works as a Project Manager in the Renewables team at WSP. She is a Mechanical Engineer, Project Management Professional and Certified Energy...

  • Pete Wheale

    Speaker

    VP Sales, Australia and Oceanic Region

    NEXTracker

    Peter Wheale is the VP of Sales for NEXTracker’s Australia and Ocean regional markets. As a first mover in the Australian market, Pete has helped...

  • Demian Natakhan

    Speaker

    Director

    Enhar Pty Ltd

    Demian has a Bachelor degree in Mechanical & Environmental Engineering and a Masters degree in Renewable Energy Technology. He founded Enhar in 2007....

Opening Times
Wed 3 Oct Exhibition 9.00am – 5.00pm
Wed 3 Oct Networking Event 5.00pm - 6.30pm
Thur 4 Oct Exhibition 9.00am – 5.00pm

Registration opens 8.00am

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