BEST SOLAR POWER PRODUCER

IPPAI POWER AWARDS 2012

Narmada Canal Project, Gujarat
1 MW solar plant over 1 km on the canal
Rovigo, Italy
70 MW
Affordable Solar Solutions for
Industrial/ Commercial Customers in Tamil Nadu
SunEdison Overview
We develop, build, finance, and operate turnkey solar power plants to
provide our customers electricity at predictable and competitive prices














Leading solar services provider around the world

First to provide solar PPA for commercial turnkey solar power plants
Systems operating at 104% of underwritten investment

MEMC, parent company of SunEdison

50 year old company, among the top 5 manufacturers of polysilicon &
silicon wafers for the solar and semiconductor industries




2
940 solar power
plants worldwide
895 MW of solar
capacity installed
$3.5 Bn financing
experience
26
32
40
167
296
400+
0
100
200
300
400
500
2007 2008 2009 2010 2011 2012E
Interconnected PV Capacity (MW/year)
MEMC Offices SunEdison Offices
St. Peters, Missouri
Santa Clara, California
Sherman, Texas
Paris, France
Novara, Italy
Shanghai, China
Hsinchu, Taiwan
Seoul, South Korea
Tokyo, Japan
Singapore

Belmont, California
Toronto, Canada
San Francisco, California
Denver, Colorado
Beltsville, Maryland
Pennsauken, NJ
Chennai, India
Bangkok, Thailand
Madrid, Spain
Johannesburg, South Africa
SunEdisons Regional
Headquarters:
Asia & Sub-Saharan
Africa Chennai, India
Europe & MENA
Madrid, Spain
Americas
Belmont, California
MEMC/SunEdison Global Presence
Chennai, India
Belmont, California
.
3
Madrid, Spain
Strong expertise in Ground Mount &
Rooftop Systems across the world
4
Otay Mesa Water
Treatment Facility
Alamosa, Colorado
City of Rifle
Rovigo, Italy
Car Park, Korea
SunEdison in India Leading Solar Solutions
Provider for Various Segments
5

1A MNRE Accredited Channel Partner

Largest Utility Scale Solar Developer in India
54 MW+ commissioned across Gujarat, Rajasthan and UP
Awarded projects under National Solar Mission and various State solar policies
Raised $100 Million non-recourse debt financing for the projects with partners like IFC, OPIC, IDFC etc.
Implementation experience across multiple technologies
Multi crystalline silicon PV with Fixed tilt
Multi crystalline silicon PV with Trackers
Thin Film with Fixed tilt
Cadmium Telluride with Fixed tilt



6
Millennium, Gujarat
(9.27 MW, Azimuth Tracker)
Solar Park, Gujarat (25 MW, Fixed tilt)
NVVN, Rajasthan
(5 MW, Fixed tilt)



Azure, Gujarat
(5 MW, Thin Film- Fixed tilt)
ESP, Gujarat
(5 MW, Fixed tilt)

GERMI, Gujarat
(1 MW, showcase of all technologies)

1 MWp Solar Project on Narmada Canal
First of its kind in the World
Reduces Evaporation Saves up to 7 million liters of drinking water per year
Provides Reliable Power to Nearby Villages
Reduces Algae Growth More potable water
Reduced pump maintenance
7
Building the First Solar City in India
2.5 MW of Solar Rooftop Projects in Gandhinagar, Gujarat
8

Over 100 Rooftops to be covered
Commissioning by March, 2013
First Private Solar Rooftop PPA in India
100 kW at Standard Chartered Bank, Chennai
First Rooftop Solar Private PPA in India (Standard Chartered Bank, Chennai)
Elevated Structures were used to ensure roof usage is not curtailed
30 Lakh kWh over the next 20 years Powering 800 Indian homes for 1 year
200 Tonnes of Carbon Dioxide Emission reduction


9
Largest Solar PV Project in Indian Telecom Sector
100 kW at Airtel Rooftop, Gangaganj, Lucknow
Technical Highlights
Non-penetrating Delta Rack
structures no roof damage
High efficiency Mono crystalline
modules
Real time remote monitoring
Batteryless system minimal
maintenance

Economic Benefits
Annual saving due to Solar Plant
> INR 5 Lakhs / year
Annual Diesel Savings 18,000
Litres of Diesel / year

Environmental Impact
3 million kWh of clean energy
will be produced in 20 years
Equivalent to offsetting 2,000
tonnes of Carbon or taking 400
cars off the road



10
SunEdison built the 100 kW rooftop Solar PV plant at Airtels Mobile
Switching Center in Lucknow. It was inaugurated on Sep 27
th
, 2012.
Diesel Abatement Solar Plant at IOCL Retail Outlet
11
9 kW Hybrid System (Solar + Battery + Grid + DG) system to reduce diesel
consumption by 90%
Polycrystalline modules & Hybrid Power Conditioning Unit
8 hour power back-up
Remote monitoring solution to track DG set run-hours
Education Institutes
12
50kW at Shivalik Public School 50kW at Punjab Agricultural University
Rooftop Installation
Mono Crystalline, Fixed Tilt
Penetrating Structures
SMA String Inverters
SunEdison: Best Solar Power Producer in India
IPPAI Power Awards 2012
13

Experienced Jury
V. Subramanian, Former Secretary, MNRE
Prof S.L. Rao, Former Chairman, CERC
Mr. Ajay Shankar, Former Secretary, DIPP
Ashok Khurana
Anil Razdan, Former Secretary, MoP

Strong Competition
More than 20 application from various players
(Welspun Energy, Azure Power, Kiran Energy,
Lanco, Ablleon Energy, Green infra, Mahindra
Solar One, Alex Astral, GHI energy, Waa Solar,
Singhal forestry (Vandana Group) and others)

Knowledge Partners

Awarded Indias Best solar Power producer
(2012)

What Differentiates Us
14
Technology
Our span of influence across both upstream and downstream parts of the PV
value chain positions us at the forefront of technology development and
possess an industry leading cost curve
One of the very few companies to have experience spanning various PV and
inverter technologies
Execution
Execution capability of delivering projects in record timelines
Delivered Europe's largest PV project (70 MW) in Rovigo, Italy in 7 months
Commissioned 25MW in Charanka, Gujarat in 120 days
Financing

Over $3.5 bn in financing experience worldwide

Raised 100% non-recourse debt funding for 76 MW IPP project portfolio in

India

Partnerships with a range of financial institutions OPIC, IFC, IDFC etc.

Operations &
Maintenance

24* 7, real-time monitoring of performance of entire fleet of over 900 plants

through SEEDS (SunEdison Energy & Environmental Data System)
Our understanding of
Tamil Nadu

Asia headquarters in Chennai for over 3 years, with a team size of greater
than 150

Good understanding of local dynamics and good network of local suppliers

and vendors

A
B
C
D
E
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Solar Solutions for Industrial/Commercial
Customers
15


Grid-Connected Solar PV Solutions
Solar off-sets Grid and Diesel Consumption
Reverse Power
Relay
Reverse Power
Relay
GenSet
Grid
AC Distribution
Board
Loads
DG CB
PV CB
PV Array
AC Bus
Grid CB
On-site rooftop/
Ground-mount
For captive
consumption
16
Battery backed Solar PV Solutions
Critical
Loads
Battery
CB
Solar Inverter
Battery
PV
CB
Case 1.
Standalone Solar for
Running Day-time Loads
Critical
Loads
Charger CB
Charge
Controllers
Inverter CB
Battery
Inverter
Battery
Case 2.
Standalone Solar for
Running Night-time Loads
17
Offsets Grid and Diesel
consumption
Offsets Diesel consumption
Project Economics
100 kWp Grid-Connected Solar PV Solution
18
ASSUMPTIONS
Project Details
Poly C-Si modules Fix Tilt
Commissioning from Dec 2012 onwards
Phased capacity addition
Location : TN (illustrative)

Annual Generation
1.50 lakh kWh (illustrative)
Degrades at 0.5% YoY

Tariff and Charges
Grid & Diesel blended Tariff of INR 8/kWh
No charges for off-grid power plant

REC Benefit
Not applicable for plants < 100 kWp

Parameter Value
Total Project Cost INR 105 Lakhs
30% MNRE Capital Subsidy benefit
in First year
INR 31.5 Lakhs
Accelerated Depreciation allowed in
First year
INR 73.5 Lakhs
Tax benefit from AD INR 23.8 Lakhs
Effective Project Cost INR 49.6 Lakhs
Annual Expected Savings on
Electricity from Grid & Diesel Yr 1
INR 12.4 Lakhs
Annual O&M expenses INR 1.5 Lakhs
Effective savings (Expected) INR 10.9 Lakhs
Payback period 4 Years
Off-site Wheeling of Solar Power to your
Facility
SunEdison
Solar Project
(AD benefit
to Customer)
Turnkey EPC
and O&M
Service
Wheeling out of Power from EB

REC Revenue via
Power Exchange

Customer develops Solar asset on his balance sheet to be able to avail 100% AD
Power generated wheeled into the State Owned Grid & wheeled out on a Long term Open
Access basis
Utility bill based on the net number of units consumed
Grid connected project - eligible for participating in REC trading
State
Electricity
Grid
Wheeling in of Power to EB
19
Solar Vs Wind
Which is a better Investment?
No. Parameter Wind Energy Solar Energy
1 Accelerated Depreciation
No
(reduced to 35%)
100%
2 Predictability Highly Unpredictable
More predictable than wind,
Less variance
3 Seasonality Highly seasonal.
Generates throughout the
year
4 Banking requirement
Yearly banking needed to make
wind viable
Banking not needed at all for
Solar to become viable
20
Project Economics
1 MW Off-site Wheeling (Best Case)
21
ASSUMPTIONS
Project Details
Poly C-Si modules Fix Tilt
Commissioning by March 2013
Location : TN
Annual Generation
15 lakh kWh wheeled in
Degrades at 0.5% YoY
14 lakh kWh wheeled out (7% losses)
Tariff and Charges
EB tariff + taxes + Demand Charges INR
6.28/kWh (escalation @3% p.a.)
Long term OA wheeling and transmission
charges : INR 1.55/kWh
Service charge & generation taxes (INR
0.50 + INR 0.10)/kWh
REC Benefit
Maximum Solar REC Price till March 2017
: INR 13.40/kWh; INR 3/kWh till 2022
Assumed that 100% of RECs will be sold
Parameter Value
Total Project Cost (Excl. land) INR 8.5 Crore
Accelerated Depreciation allowed in
First year
INR 8.5 Crore
Tax benefit from AD INR 2.8 Crore
Effective Project Cost INR 5.7 Crore
Annual Savings on Electricity
from Grid Yr 1
INR 0.83 Crore
Income from Solar REC Yr1 INR 2 Crore
Annual O&M expenses INR 0.12 Crore
Annual wheeling, transmission etc.
charges
INR 0.23 Crore
Effective savings/income INR 2.48 Crore
Payback period (Debt & Equity) 3 years
Short-term Debt assumption: 70% leverage @ 13%
SunEdison Offers Multiple Business Models for
you to Benefit from Solar Today
On-Site Power
SunEdison
Owner of
System
EPC and Long-term
O&M Service
1
Off-site Wheeling
2
SunEdison
Solar Project
(AD benefit to
Customer)
Turnkey EPC
and O&M
Service
Wheeling out of Power from EB

REC Revenue via
Power Exchange

State
Electricity
Grid
22
SunEdison Advantage


Operations & Maintenance
23
Global Services Life Cycle
24
Preventive
Maintenance
Site
Maintenance
Commissioning
SEEDS and
Sensors
AC Subsystem
Inverter and
Switchgear
Tracker
Grid
Interconnection
Array and DC
Monitoring
Corrective
Action
Data Analysis
Investor Reporting
Time and
Expense Tracking
Reporting
Array and DC
Inverter and
Switchgear
AC Subsystem
Tracker
SEEDS and
Sensors
MV and HV
Equipment
Security
Array Cleaning
Snow Removal
Vegetation
Abatement
Storm Preparation
and Inspection
Alerts and
Ticketing
ROC Monitoring
and
Troubleshooting
AC Subsystem
Tracker
SEEDS and
Sensors
Inverter and
Switchgear
Array and DC
Site Acceptance Inspection (SAI)
Warranties
and Permit
Management
Reliable Services
for 25+ Years
Renewable Operations Center (ROC)
25
Commissioning:
Commission SEEDS monitoring
Validate system performance
Prepare data for Independent
Engineer / Technical Advisor firm
Power plant monitoring and alerting:
Detect / diagnose outages
Identify underperformance
Contact owners / operators
Service dispatch and management:
Create / manage service tickets
Dispatch service crews
Confirm problem resolution
Analysis:
Fleet / portfolio performance
Performance by technology
Soiling analysis
Client Connect Online Monitoring Portal
26


Track energy production

Measure environmental savings

Fleet view / fund view / site view

Essential PV data at your finger tips through Client Connect

How to Select a Solar Services Provider
Long-lasting trustable company
Remote and online monitoring for daily operations
Reliable and efficient after-sales services offered
Ministry of Renewable Energy (MNRE) accredited
Significant presence in India

For Captive Rooftop Solutions, Please Contact:
UMA RAMESH | +91-95000-82649 | uramesh@memc.com

For Offsite Wheeling Solutions, Please Contact:
RADHE ADIDAM| +91-87545-09457 | radidam@memc.com

For all other queries, please write to india@sunedison.com

SunEdison Energy India Pvt. Ltd.
New # 165, Old No # 110, St.Marys Road, Alwarpet, Chennai 18
Website: www.sunedison.com