u.s. solar growth: success born from...
TRANSCRIPT
![Page 1: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/1.jpg)
8minutenergy Confidential Information
U.S. Solar Growth:Success Born From Crises
June 2016
![Page 2: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/2.jpg)
8minutenergy Confidential Information
Company History & Overview
![Page 3: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/3.jpg)
3
8minutenergy’s mission is to make solar energy abundant, and to be the industry leader in lowering the cost of solar PV
Springbok 2Kern County CA
191 MW Under ConstructionCOD Q3 2016
![Page 4: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/4.jpg)
4
8minutenergy Renewables is the USA’slargest independent solar PV developer
Portfolio and Track Record:
Company founded in 2009
~5,500 MW under development
330 MW of utility-scale projects producing power
400+ MW under construction
500+ MW in development pipeline with PPAs secured
Notable projects include the world’s largest plant, Mount Signal: 800 MW in California
20,000+ acres under development
8minutenergy’s projects have secured $1.2bn in financing in the last 12 months
Executed 1.5 GW of PPAs, representing $5B in contracted revenues
Mount Signal Solar Project in Imperial Valley
8MINUTENERGY OWNS THE 3RD LARGEST UTILITY-SCALE PIPELINE IN THE U.S.
As measured by project status (MW); includes PPAs in “early stage”Source: Bloomberg New Energy Finance, April 2016
![Page 5: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/5.jpg)
5
8minutenergy’s unique development approach achieves industry-leading Levelized Cost of Energy (LCOE)
LCOE: THE CENTER OF OUR FOCUS
UNIQUE ‘Smart From The Start’ APPROACHDATA-DRIVEN DECISION MAKING
![Page 6: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/6.jpg)
6
8minutenergy is expanding internationally: India, Mexico & Brazil
![Page 7: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/7.jpg)
7
8minutenergy: Expanding to Growth MarketsInternationally
![Page 8: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/8.jpg)
8minutenergy Confidential Information
Solar Growth & Potential inCalifornia & the U.S.
![Page 9: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/9.jpg)
9
California: Progress Towards 33% RPS
Source: California Publ. Util. Comm’n., “Renewables Portfolio Standard: Quarterly Report Q1 2016” (June 2016)
![Page 10: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/10.jpg)
10
California: Renewables Resource Mix
Source: California Energy Comm’n., “Tracking Progress – Renewable Energy” (Dec. 2015)
In-State Renewable Generation Installed Capacity as of Oct. 31, 2015
Renewable Energy Generation Serving California (In-State & Imports) in 2014
![Page 11: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/11.jpg)
11
California: Renewables Resource Mix
Source: California Publ. Util. Comm’n., “Renewables Portfolio Standard: Quarterly Report Q1 2016” (June 2016)
![Page 12: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/12.jpg)
12
U.S. Solar: Growth to Date (Photovoltaics)
Source: GTM Research & SEIA, “U.S. Solar Market Insight, Q2 2016” (June 2016)
![Page 13: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/13.jpg)
13
U.S. Solar: Share of New Capacity
Source: GTM Research & SEIA, “U.S. Solar Market Insight, Q2 2016” (June 2016)
![Page 14: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/14.jpg)
14
U.S. Solar: Share of Installed Capacity
Source: GTM Research & SEIA, “U.S. SOLAR MARKET INSIGHT, Q2 2016” (June 2016)
![Page 15: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/15.jpg)
15
U.S. Solar: Utility-Scale Pipeline
Source: GTM Research & SEIA, “U.S. Solar Market Insight, Q2 2016” (June 2016)
![Page 16: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/16.jpg)
16
Solar Pricing & Financing Cost Impacts
Source: NREL, “Emerging Opportunities and Challenges in Financing Solar” (May 2016)
![Page 17: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/17.jpg)
17
What Does the Future Hold?
![Page 18: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/18.jpg)
18
What Does the Future Hold?
Electricity will be“too cheap to meter”
![Page 19: U.S. Solar Growth: Success Born From Crisesfgvenergia.fgv.br/sites/fgvenergia.fgv.br/files/arquivos/2016-06-8me... · Overview. 3 8minutenergy’s mission is to make solar energy](https://reader036.vdocuments.net/reader036/viewer/2022071102/5fdbfbc50e4c5b0a960f5055/html5/thumbnails/19.jpg)
8minutenergy Confidential Information
Thank you.
Arthur HaubenstockGen’l. Counsel
VP Gov’t. & [email protected]
www.8minutenergy.com