Solar Project 4

Solar Project 4

Colombia Projects Overview- Three Projects with total 140 mw

  1. PV Project A (SAN SILVESTRE)
    - Nominal Power : 59,8 Mwn
    - Peak Power : 71,8 Mwp
    - Technology ( TBD ) : Fix / 1 axis
    - Province : Santander.
    - Land Hectares : 120 Ha.
    - Evacuation Line : 8,3 Km.
    - S.S. Connection : 115KV ( S.S. Buenos aires )
    - Grid Operator : ESSA ( EPM )
    - PPA : 210 Cops / Kwh (61,31 US/Mwh)
    - Land ( Rental ) : 3 MCOP / Ha ( 1.664 USD/Mwp )

  2. PV Project B (LA PRADERA)
    - Nominal Power : 39,9 Mwn
    - Peak Power : 47,9 Mwp
    - Technology ( TBD ) : Fix / 1 axis
    - Province : Norte Santander.
    - Land Hectares : 80 Ha.
    - Evacuation Line : 0,7 Km.
    - S.S. Connection : 115KV ( S.S. San Alberto )
    - Grid Operator : ESSA ( EPM )
    - PPA : 210 Cops / Kwh (61,31 US/Mwh)
    - Land ( Rental ) : 3 MCOP / Ha ( 1.664 USD/Mwp )

  3. PV Project B (LIZAMA)
    - Nominal Power : 39,9 Mwn
    - Peak Power : 47,9 Mwp
    - Technology ( TBD ) : Fix / 1 axis
    - Province : Santander.
    - Land Hectares : 80 Ha.
    - Evacuation Line : 2,9 Km.
    - S.S. Connection : 115KV ( S.S. Lizama )
    - Grid Operator : ESSA ( EPM )
    - PPA : 210 Cops / Kwh (61,31 US/Mwh)
    - Land ( Rental ) : 3 MCOP / Ha ( 1.664 USD/Mwp )

    COMMON PREMISES

    Taxation
    • Deduction of 50% of investments from the income tax for ten years.
    • Accelerated depreciation.
    • Value-added tax (VAT) exemption on the equipment and services for the projects.
    • Exemption from duties.
    • General VAT RATE : 19%
    • General Corporate Income Tax rate : 35%
    Others
    • PPA Take or pay. All Energy produced by PV plant 1 will be purchased by the Offtaker
    • PPA Price : 210,00 COP / Kwh ( 61,31 USD / Mwh )
    • Energy counter located at Substation input.
    • Energy yearly Price increase : IPP = 2,5 %
    • Yearly panels degradation : 0.5%
    • PPA Time duration 20 Years.
    • From 20 to 25 years. Spot price
    • Debt time duration : 15 years
    • Interest rate : 8%
    • Insurance : 0,3% Capex / Year
    • Land cost : 3.000.000 COPS / Ha
    • Security : 60.000 USD / Year