FETESTI PHOTOVOLTAIK PARKS

Index
Executive Summary Localization Land Status Obtained licenses Licenses to obtain Solar data & Production

 Romania and Europe Solar map Opportunity Background

Index Technical and financial reports

Index Authorizations

Executive Summary

Strong, technically proficient team with almost 4 years of cumulated experience in the renewable energy sector Balanced blend of project management experience and solar energy technical expertise Involved in Solar projects development and implementation over 170 MW in Romania. Solid network of contacts in all Romanian institutions connected to renewable energy sector Specialist technical background

Strategy is to develop projects, ready to build for investors, construct and operate the solar farms. Professional team, including a technical consultant with a large experience, over 40 years concerning the Romanian energetic system; member of the management team of main important energetic companies.

Localization

Will have an installed power of totally 48 MWp, being developed over a land of 95 ha; connection to national grid is 8km from site. The project have solution of connection on high voltage to 110KV with a substation.

The Project is developed near Bucharest, 130 km distance (on the highroad A2) in Fetesti City Ialomita County Access is assured through national road DN A3 The land is near the substation 20 KV/110 KV in Fetesti

Land status

The land is flat without shading areas. Total land surface is : 95 Ha. The land is the property of the company . The distance to the connection point is 8 km.
Access road to Project location; No river across the land.

Obtained Licenses
Urbanity planing certificated Topographic and geotechnical study. Environmental License Public health license Enel opinion OCPI license.
P.U.Z (urbanistic plan to change the destination of the land from agricola to industrial)

DTAC. (The technical project for the construction needed to obtain the permit for construction)

Licenses to obtain

Construction License ATR (connexion license). READY TO BUILD.

Connexion Contract

Solar Data & Production

Over 210 sunny days per annum and 1,154.4 kWh / m / yearly solar flux energetic (average solar energy from solar radiation which is considered on incidental horizontal plan)

Centre for Renewable Energy Sources-approved Geographical Information Systems (PVGIS).

software

used

Photovoltaic

The figures are submitted in kWh (mp/year), in horizontal plan, the most used calculation method for energetic application. The solar map related for Giurgiu area is developed and offered by Energy Research Institute, Italy - entity under coordination of EU

Romania & Europe Solar map

Technical proposed solution

Fixed system technology. Polycrystalline-Silicon Cells, the best solution taking into consideration the PV surface project and the equipment costs acquisition which offer a production yield of 15-17%.The power of the panel is 230 W from Swiss Watt. Inverter Power One, SMA 500 TL. Aluminum fixed structure with the inclination of the panel to the horizontal of 30 and azimuth 0.

Opportunity Background
Romania rated as the 3rd fastest growing country in the EU for gaining planning permission for wind turbine developments (according to European Wind Energy Association); After the coming into force of Renewable Energy Law it is expected a similar growth.

For the next 2-3 years at least, the revenues from green energy projects (MWh price plus GC price) will be higher than the current price situation (no external market factors are considered). Capacity power solar energy in Romania predicted to reach 1.2 TWh by 2020 (currently the power installed is a little bit lower than 2GWh) Romania estimated to have a very high solar energy potential in Europe. Romania ranks 11 place in the 30 EU countries (included Turkey, Croatia and Macedonia) as a potential of global yearly irradiation, from horizontal & optimum angle and vertical mounting. The best positions are occupied by the south countries, like Turkey, Spain or Greece.

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