Photovoltaic Top Roof Projects in ItalyMarch 2011
Ref. No. 110110 · rev1
sharing experience
Italian Indicator: in March 2010 the Italian PV aggregated power capacity is 4 GW
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MISSIONEstablished in 2009, PRINCIPIO energy consulting is an independent company expertise inenergy markets, which provides independent consultancy services, energy projectdevelopments as well as outsourcing management services. We provide impartialadvise and support to the investors, producers, constructors, engineering and legalfirms, suppliers and end users of energy consumptions.
Active in Barcelona and Milan is active in European and MENA energy markets.
PRINCIPIO’s goal is to become a large consultancy company by providing strategicconsultancy services which enable our clients to improve their business and technicalactivities.
Our core strength is the ability to combine expert knowledge of the markets with firstclass quantitative analysis gathering the highest quality commercial, economic,strategic, and policy advice in the rapidly changing energy sector.
PRINCIPIO energy consulting
principio Spanish voice of principle noun (basic idea) /ˈprɪnt .sɪ.pl ̩/[C] a basic idea or rule that explains or controls how something happens or works
Energy project development – Chart Flow
Stage 1
Project Scouting / reliability study / Green Field
Land Scouting
Easements studies
Energetic study
Stage 2
Engineering and Design
Permitting / Project development
Permits, Lisences, easements and authorizations
Stage 4
EPC Engineering, Procurement and Construction
Commitment and aware of EPC
Stage 5
O&M
Operation and maintenance Mgmt
Energy consumptions
Stage 3
Project Financing
Financing Structure of the Project
Exit Strategy / Project Trade / Acquisition
Opportunity to Investor
Negotiation and Closing
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ACTIVITIESPRINCIPIO energy consulting offers his experienced services throughout thedevelopment chain of energetic projects, giving to our clients a strategic and integralservice
PRINCIPIO energy consulting
PV TOP ROOF PROJECTS Italy
NOTE This document is executed and addressed to industrial and commercialbuildings owners who are initially intentioned to get an economical profit by usingthe roof building as surface for a photovoltaic project implementation. Thisdocument describes the forms of integration with the project.
PRINCIPIO energy consulting has develop part of its his activity in the RenewableEnergies Market, since the green economy and subsides to such energy resources hascaused an increasing on its development and consequently demand · Photovoltaic’s isone of the areas of expertise.
Italy is the current world wide country most active in photovoltaic energydevelopment due to governmental policy based in Feed in Tariffs, or subsides forgreen energy production, and the obligation to buy the produced energy by the PVfacility. Top roof photovoltaic projects are expected to have a large development andbe the focus for investments for the next years (2011 – 2012) based on a reduction ofthe traditional ground fixed PV plants.
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PV TOP ROOF PROJECTS Italy – Renewable Energies sharing experience
Forms of integration with the PV top roof Project
Roof Lease Agreement
The owner transfer the usufruct of the building roof through a rightsurface agreement and hence is established a lease fee for 20+ years.
Benefits / advantages
Economical profit for a non used part of the buildingThe agreement could be extended to the parking shelterImage and marketing benefits · Corporate social responsibility
Weakness
Coexistence with a PV project (right of way, maintenance, etc)
Investment Opportunity
The owner of the building invests in his propriety roof and brings theProject to Operational and Maintenance stage.
Benefits / advantages
Interesting Rate of Return (IRR) of the Project · Approx. 10 – 15%(unleveraged).Reduction of Running Costs · No surface lease costsThe investment could be extended to the parking shelterImage and marketing benefits · Corporate social responsibilityFor large energy consummators reduction of energy costs throughtrading produced energy scenario
Weakness
Moderated investment costs (CapEx)Coexistence with a PV project (right of way, maintenance, etc)
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Scenario1Roof Lease Agreement
Scenario 2Investment Opportunity
PV TOP ROOF PROJECTS Italy – Renewable Energies sharing experience
Modalities of CollaborationPRINCIPIO energy consulting can provide an integral consultancy service, both technical asstrategic, along all the phases of Top Roof PV development process.
Scenario 1 – Roof Lease Agreement
PRINCIPIO energy consulting identifies reliable Italian and international investors to undersignRoof Lease Agreements
Scenario 2 – Investment Opportunity
PRINCIPIO energy consulting develops the Project during the engineering and permitting stageand identifies and supports the awarding of an experienced, bankable and reliable EPCcompany for construct and maintain the PV facility.
All inquires should be addressed toMr. Carlos Rey Micolaucarlos. [email protected]
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Stage 1
Project Scouting / reliability study
Stage 2
Engineering and Design
Permitting / Project development
Stage 4
EPC Engineering, Procurement and Construction
Stage 5
O&M
Facility Management
Stage 3
Project Financing
PV TOP ROOF PROJECTS Italy – Renewable Energies sharing experience
Study Case · PV top roof Project 800 kW · 15.000 m2
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Investment return for investor · Integration scenario 2
Building owner
benefits · Integration scenario 1
DISCLAIMER The above data is provided only for information and simulation purposes, thisdocument includes certain assumptions, statements, examples and estimations that might vary ina real project but represents a reliable PV top roof project case . All rights reserved
principioenergy.com [email protected] BARCELONA MILANO
