1. CSP – Empowering the World with Solar Energy
Climate Parliament Forum
Dr. Henner Gladen,
Advisor to the Executive Board
Brussels | 26 May, 2011

2. Experts for Solar Power
Solar Millennium AG
is a successful pioneer with a long track-record thanks to the early entry into the market (1998)
is focused on development of renewable energy technologies and specialized on the realization of CSP plants
developed the first parabolic trough power plants in Europe (Andasol), the first modern parabolic trough solar field of Egypt and started construction of Blythe (California), world’s largest solar power plant (received conditional commitment in April 2011)
is a founding member of the Dii and since a long time involved in the development of renewable energies in the MENA region

3. Worldwide activities of Solar Millennium (Selection)
Andasol 1-3
(3 x 50 MWe)
Ibersol
(1 x 50 MWe)
Arenales
DNI ~ 2,150 kWh/a
Blythe
(4 x 250 MWe)
DNI ~
2,600 kWh/a
USA
Asia
MENA
Solar Millennium sites
Kuraymat
(1 x 61 MWth)
DNI ~ 2,400 kWh/a
Possible future markets 3

4. Proven technology: parabolic troughs
The solar radiation is concentrated onto an absorber tube, situated at the focal line of the trough, and transferred into heat which is used to operate a steam turbine generating electricity.
Commercially operated plants in California since 1984 have generated revenues of roughly US-$ 3 billion.
Parabolic trough power plants can be operated as pure solar power plants or in hybrid systems, with wet or dry cooling, depending on local needs.
Dispatchability: integration of thermal storage allow electricity production even after sunset
Technology

5. CSP provides supply stability
Typical demand for electricity in sunny countries
CSP the only commercially available renewable energy which contributes to security of supply and grid stability
Can cover specific load curves and peak/average loads using storage units
Is complementary to photovoltaics and wind

6. Ideal for intermediate and peak load: electricity demand Spain
Peak record 19 July Juli :26 pm
MW per hour

7. Future challenges: one solution – CSP
Concentrating Solar Power
Optional: Thermal Storage
Sea Water Desalination
Thermal Heat
Waste Heat
Grid stability
Water
Steam
Steam Turbine
Absorption Refrigerator
Cooling
Electricity
Building Air Conditioner

8. Proven and flexible Technology

9. Hybrid power plant Kuraymat: first reference project in Egypt
Kuraymat (Egypt), 150 MWe ISCC plant including 61 MWth
Operation of the solar field began at the end of 2010
Total investment: € 250 million, approx. 30% for the 130,000 m² solar field
Engineering, supervision and supply of key components for the solar field
After start of operations, Flagsol and Orascom will operate the solar part of the power plant for two years before ultimately handing it over to the owner NREA

10. Local added value created by Kuraymat project
Local sourcing for parabolic trough collector steel structure
Local assembly of collectors
Local assembly of the solar field  about 60 percent of the value for the solar field was generated locally
Pipe works and wiring of the solar field
Civil Works
Solar Millennium developed its market strategy to a win-win-situation through cooperating closely with regional partners (e.g. Orascom)
Thus creating local jobs with positive social and economic effects especially to economically weak regions.

11. NEXT: Ouarzazate - in the race for a tender
Morocco is about 97 percent dependent on energy imports
Plan Solaire Marocain: construction of solar power plants with a total capacity of 2,000 MW by 2020, 14% of the total electricity capacity by 2020
The consortium with Orascom Construction Industries, Evonik Steag GmbH and  Solar Millennium AG is one of four bidding consortia to be pre-qualified for the first tender phase by MASEN, a MW Parabolic Through Solar Plant with Thermal Storage at Ouarzazate

12. CSP incl. thermal storage: Andasol 1-3
3x50 MW = 150 MW
Total financing volume approx. EUR 1bn
Solar power for more than half a million people
Andasol 3: start of operation expect. in summer 2011; Co-investors: Stadtwerke München (Munich City Utilities), RWE Innogy, Rhein Energie, Ferrostaal
the first parabolic trough power plant in Europe
working with thermal storage
Regulation
Feed-in compensation for CSP definitively guaranteed by Spanish RD #661 (May 2007)
Andasol 2
Andasol 1
Andasol 3

13. CSP without storage, with dry cooling: Blythe
Blythe, California: 1 Gigawatt (1GW)
The world’s largest solar power plant
solar power for more than 300,000 US households
Construction on Blythe (2 x 250 MW) started, received Conditional Commitment in April 2011
Blythe 1 - 4: 1,120 loops* 179,200 absorber pipes
2.15 million mirrors 192,000 tons of steel
2,240 hectares of land
more than 1,000 jobs, more than 1 million tons of CO2 emissions saved p.a.
Solar Millennium US projects (2 GW in California and Nevada) will feature dry cooling technology that uses 90% less water than water-cooled design
* HelioTrough technology

14. Improved efficiency: HelioTrough
HelioTrough – the most innovative* collector design of the CSP industry is the result of continuous R&D activities within the Solar Millennium Group
After SkalET, HelioTrough is the second collector generation developed by technology subsidiary Flagsol together with its partners
Larger dimensions and more efficient assembling to reduce costs substantially
Improving competitiveness
Test loop in permanent operation in commercial power plant in Southwest USA since November 2009
Implementation into Solar Millennium’s solar power plants in California and Nevada planned
*Awarded CSP innovation prize at 2010 CSPtoday Conference in San Francisco

15. Thank you for your attention!

16. Contact Address: Solar Millennium AG Nägelsbachstr. 33 91052 Erlangen
Tel.: +49 (9131)
Fax: +49 (9131)
Disclaimer:
The present presentation does not constitute a legally binding offer of participation or for the purchase of shares in the company. It is not to be viewed by the recipient as constituting the subject matter of a contract or as a contractual basis for investment. Only inquiries and assessments carried out by the recipient on his/her own account can form a basis for investment in the company.
The presentation has been compiled solely on the basis of the company’s business model and range of services, as well as on market and competitive environment research based on sources available publicly. No guarantee or warranty is provided for the accuracy, precision and completeness or for the interpretation of the data and the commentary, nor is any other form of liability for the content of this presentation acknowledged.
Budgeting is based on management assumptions and projections and reflects the market development and market opportunity perspectives at the time of compilation. The nature of the dynamic market environment is such that it is subject to constant changes and can therefore influence this budgeting content. No guarantee is provided for the budgeting feasibility.