OST Project References and Bios Sept16

60
OST Energy Project references and Key team members September 2016

Transcript of OST Project References and Bios Sept16

Page 1: OST Project References and Bios Sept16

OST Energy

Project references and Key team members

September 2016

Page 2: OST Project References and Bios Sept16

OST Energy

September 2016

Awards and Recognitions

OST’s reputation as one of the world’s most experienced technical advisors has led to us working

on over 30 GW of renewable energy projects world-wide and maintaining strong long-term global

relationships with major investors, lenders and developers.

Our commitment to excellence in our work has been recognised through a series of annual awards

from our foundation in 2008 to today, including recently:

For further information, visit our website www.ostenergy.com

Page 3: OST Project References and Bios Sept16

OST Energy

September 2016

Contents

An introduction to OST ..................................................................................................................... 4

1 Advisory and engineering services ........................................................................................... 5

2 Case studies .............................................................................................................................. 6

2.1 Ground mount Solar ........................................................................................................ 6

2.2 Rooftop Solar................................................................................................................. 30

2.3 Wind Projects ................................................................................................................ 43

2.4 Storage Projects ............................................................................................................ 48

3 OST US Team ......................................................................................................................... 53

4 Recent Clients ......................................................................................................................... 59

Page 4: OST Project References and Bios Sept16

OST Energy

September 2016 4

An introduction to OST

An Edif ERA company, OST Energy is an award winning, independent global engineering

consultancy, specialising in investment support and technical advisory services for the renewable

energy market and offering a complete package of services to Investors, Lenders, IPPs and

Developers. For critical industries and environments world-wide, Edif ERA provides engineering

and consultancy services to reduce risk, optimise performance and enhance capability, giving our

customers the confidence to build successful operations. Edif ERA represents over 100 years of

brand history and our long term customer relationships are built on an ongoing commitment to

broaden services, deepen sector experience and respond quickly to needs on a local and global

scale.

Our team works on all aspects of projects, from environmental & social due diligence and

assessment, through development to asset managing existing operational plants across Solar,

Wind, Bioenergy, Renewable Heat & Energy Storage.

We have undertaken over 1,000 renewable energy projects in more than 30 countries and have

the flexibility required for a truly global reach. Our extended network of consultants allows us to

have a deep understanding of local context and regulatory framework.

Figure 1: OST global offices and markets

Page 5: OST Project References and Bios Sept16

OST Energy

September 2016 5

1 Advisory and engineering services

OST offers a complete package of technical advisory services for Investors, Owners, Lenders and

Developers and prides itself on the quality of services and attention to detail developed through

years of experience in the renewables industry.

We can assist Clients’ decision-making by providing tailored service packages to meet their specific

requirements and we offer support from initial feasibility through to decommissioning; supporting

the progression of a project through its feasibility, development, construction and operational

phases.

Figure 2: Key services across the project lifecycle

FEASIBILITY

PLANNINGCOMMERCIAL

ADVISORY

TECHNICAL

ADVISORY

PROJECT

MANAGEMENT

CONSTRUCTION

MONITORING

ASSET

MANAGEMENT

PERFORMANCE

OPTIMIZATION

ANALYSIS DUE DILIGENCEDESIGN

DEVELOPMENT CONSTRUCTION OPERATION

For more information on any of these services, please contact:

Advisory Services – Sion Haswell ([email protected]; +1 734 890 7779)

Engineering Services – Daniel Farmer ([email protected]; +1 734 377 4649)

Page 6: OST Project References and Bios Sept16

OST Energy

September 2016 6

2 Case studies

OST has worked on over 30 GW of renewable energy projects globally. A selection of our case

studies is provided below.

2.1 Ground mount Solar

Owner’s Engineer; 570 MW Portfolio, North America

OST’s role: Owner’s Engineer – Engineering and

Technology review support

Location: USA

Client: Confidential IPP

Date: 2015-2016

OST is appointed to provide engineering support for this solar PV portfolio that is being constructed

in North America. The scope of work includes the review of all applied technologies and systems

as they are presented by the Client or EPC’s for application into these portfolio projects.

Technologies under review include first-of-its-kind cabling systems, monitoring and management

systems, inverters and inverter skid packages, tracking and tracker control systems, and bi-

directional inverters for battery charge and discharge control.

Independent Engineer; 350MW portfolio, UK

OST’s role: Independent Engineer (IE)

Location: UK

Client: US investment firm

Date: 2014-ongoing

OST was appointed by the equity investors in a portfolio of 32 ground mount PV projects totalling

approximately 350MW in the UK to advise on investment decisions and acceptance milestone

approvals.

Page 7: OST Project References and Bios Sept16

OST Energy

September 2016 7

A full due diligence and plant assessment scope was delivered following a phased and streamlined

reporting approach devised to meet the Client’s ambitious timeline.

Viability of the projects was verified at the initial investment stage and prior to EPC contract signing

with input from the IE on risk mitigation and contracting terms. Construction quality and requirement

for improvement were assessed and supervised at completion and through to successful project

acceptance.

Lenders TA; Various PV Projects, South African Renewable Energy IPP Programme

OST’s role: Lenders Technical Due Diligence,

Construction Monitoring and Acceptance Testing

sign off

Location: South Africa

Client: Various confidential investors

Date: Round 2 (2012) to Round 4C (2015)

OST was commissioned to provide technical advice to various South African banks and

development funds on a number of ground mounted tracked and fixed photovoltaic projects bidding

into the REIPPPP programme with a combined capacity of ~1.2 GW (average capacity 75MW).

OST provided an independent Technical Due Diligence of the projects highlighting potential risks

to the funders.

The reviews included a thorough examination of the proposed sites, projects design and technology

as well as yield estimation to ascertain the viability of the projects. Additionally, the suite of

permitting and environmental documents was reviewed to establish the compliance of the projects

with their requirements. These documents included the environmental impact assessment and

authorisation, all statutory consultations such as the Departments of Agriculture and Mineral

resources, the local Municipalities and Eskom’s grid connection documents. Development support

and a review of the EPC and O&M contract heads of terms were carried out to guarantee

performance of the plants and protection of the investment. The projects were also assessed

against Equator Principles and IFC requirements.

Page 8: OST Project References and Bios Sept16

OST Energy

September 2016 8

15.4 MWac single-axis tracking PV

OST’s role: Owner’s Engineer

Services provided: Technical advisory

Location: Texas, USA

Client: Confidential IPP

Date: 2015 – 2016

OST was appointed to provide both preliminary and construction phase support for a 15.4 MWac

PV project located within a US military base. OST conducted the Owner’s design review, prepared

a yield assessment and provided other OE support services which allowed the Client to make an

informed decision about proceeding with its plans to develop and construct the project.

10 MW PV Project

OST’s role: Owner’s Engineer

Services provided: Technical advisory

Location: Arizona, USA

Client: Confidential IPP

Date: 2015

OST was appointed to provide equipment selection support, conceptual designs, an RFP package

including technical specifications, a yield assessment, geotechnical review and interconnection

application for a 10MWac fixed-tilt PV system in Arizona. OST met with the Client and bidders

onsite and managed the RFP process. We also evaluated the EPC bids for the Client.

Page 9: OST Project References and Bios Sept16

OST Energy

September 2016 9

Lenders Engineer; Operational ground mount Portfolio, UK

OST’s role: Lender's Technical Advisor (LTA)

Location: UK

Client: Confidential consortium UK and

international Lenders with reporting to ratings

agency

Date: 2014/2015

OST acted as LTA in the financing of a portfolio of 26 operational ground mounted PV projects in

the UK with a total capacity of 70MW. The scope was to provide due diligence review of the complex

portfolio including the following key elements:

Analysis of project contracts including EPC, O&M and asset management agreements to

highlight and quantify Lender protections and risks to the financial base case.

Analysis of plant construction quality in concert with Lender representation during acceptance

process to quantify outstanding cost liabilities.

Detailed yield analysis and operational performance review to inform revenue expectations at

project and portfolio level.

Technical financial model inputs including, lifetime maintenance cost requirements, generation

expectations and downside scenarios.

Technical and Commercial Advisory for CSP Project in Australia

OST’s role: Technical Advisor

Location: Australia

Client: Confidential Client

Date: 2015

OST Energy was appointed to provide independent technical and commercial advice on a ‘Solar

Boost’ plant, a 44MW linear Fresnel CSP addition to a 750MW super critical coal fired power station

located near South West Queensland, Australia. The purpose of the project was to initially conduct

a high level assessment of technical risks associated with the completion of the plant, followed by

a review of documentation and intellectual property in order to enable the completion of outstanding

works, and finally a high level risk assessment of receiver boiler tube and selective solar coating

Page 10: OST Project References and Bios Sept16

OST Energy

September 2016 10

alternatives in pursuance of a procurement decision making logic that addresses key technical and

financial criteria of alternative solutions.

Asset Management and operational monitoring – Wind and Solar portfolios, UK and Europe

OST’s role: Asset Management and operational

monitoring

Location: UK and Europe

Client: Various owners, lenders, and investors

Date: Ongoing

OST is contracted by multiple clients for the provision of Asset Management and operational

monitoring services in Italy, Romania, and UK. OST uses monitoring systems to continuously

control and monitor PV plants from our offices in Brighton and Italy. Through daily analysis of

irradiation, wind and energy production data, technical problems with the plant are quickly flagged

up. Our analysis of Plant data results in faster O&M Contractor response times to technical issues.

Availability of the Plants are improved; maximising the annual energy yield and generation revenue

for the Owner. Ongoing on-site assessments detect maintenance requirements early and minimise

costs and failures.

Construction monitoring for a 61.4 MWp plant – Honduras

OST’s role: Owner's Engineer

Services provided: Construction monitoring

Location: Honduras

Client: Gauss Energia, International Monetary

Fund

Date:

OST was appointed to undertake full time onsite construction monitoring and management

services, and back-office support for the 10 month construction, commissioning and testing periods

of a 61.48 MWp project covering an area of 145 hectares and comprised of more than 200,000 PV

modules in Honduras.

Page 11: OST Project References and Bios Sept16

OST Energy

September 2016 11

Services included independent monitoring of contractor performance, adherence with

specifications, quality assessment, schedule monitoring and engineering support.

The plant has since been classed as “the most efficient and best managed in the region” by the

Honduran Electricity Authority.

North American solar portfolio – USA

OST’s role: Owner's Engineer

Services provided: Technical advisory

Location: USA

Client: Confidential IPP

Date: 2015 - 2016

OST is appointed to provide engineering support for this solar PV portfolio that is being constructed

in North America. The scope of work includes the review of all applied technologies and systems

as they are presented by the Client or EPCs for application into these portfolio projects.

Technologies under review include first-of-its-kind cabling systems, monitoring and management

systems, inverters and inverter skid packages, tracking and tracker control systems, and bi-

directional inverters for battery charge and discharge control.

Owners Engineering Support Catapilc Portfolio – 47 MW PV Project, Chile

OST’s role: Owners Engineering support – from

development throught construction to final

completion

Location: Chile

Client: Confidential Utility

Date: 2015

OST is appointed to provide full Owner’s Engineering support for these two projects, one a 7MWAC

facility tied into the local distribution system as well as a 40MWAC solar PV facility interconnected

to the transmission grid. Both are currently under design in Central Chile. The scope of work

Page 12: OST Project References and Bios Sept16

OST Energy

September 2016 12

includes engineering and data analysis through the development process, development and

management of the EPC and O&M RFP process, EPC award support, engineering review of all

design documentation, and an 11-month construction period from EPC mobilization through Final

Completion and Acceptance Testing. On site support includes the services of one full-time

engineering professional to witness the progress and quality of the construction providers.

Engineering support for all areas of the facility engineering and its’ interconnection are included

under this scope of work. In addition to the On-Site construction support efforts, Home Office

professionals provide part-time support to the project in the review of EPC design engineering and

calculations, field data, Change Order Management, document review and provision, and Schedule

development and Schedule oversight.

Due Diligence Services – 70 MW Portfolio, Chile

OST’s role: Technical Due Diligence

Location: Chile

Client: Confidential

Date: 2015

A leading Utility appointed OST Energy to undertake a technical due diligence of a PV portfolio in

Chile. The portfolio consisted of 7 ground mounted PV Plants in various stages, pre-construction,

under construction and in operation, at 4 separate sites located in the north of the country. The

Technical Advisor role consist in evaluate designs, construction, operation and other technical risks

associated with the projects. This involved a solar resource and yield study, site visits, a technical

review of the proposed PV projects both as components and as a system, review of both the EPC

and O&M contracts and analysis of the permits, financial model and grid connection as well as the

operation reports.

Page 13: OST Project References and Bios Sept16

OST Energy

September 2016 13

Owners Engineering Support – 143MW PV Project, Chile

OST’s role: Owners Engineer support, bid

preparation

Location: Chile

Client: Confidential

Date: 2015

OST Energy has been providing a comprehensive set of technical and commercial services for the

bid preparation and submission activities involved in the development of a 143 MW PV project in

North Chile. The assignment encompasses technical optimisation of the plant, EPC Request for

Proposals to solicit bids from experienced contractors for the complete engineering, procurement

and construction of the PV Plant and assistance in bid compilation.

South African and Chilean Renewables Market Study

OST’s role: Market study author

Location: South Africa and Chile

Client: Confidential European EPC contractor

Date: August 2014

A large European EPC Contractor, contemplating an entry into the South African and Chilean EPC

markets, appointed OST to provide market intelligence on the renewables market in both territories

upon which they could inform their expansion decisions. Our market report covered: the national

energy situation in both countries, the renewables policy context, renewables support mechanisms,

key market players (Including competitor SWAT analysis) and provided comparative pros and cons

of entry into either market so that the Client could have a more informed understanding of the actual

situation in each country upon which to base their investment decisions.

Page 14: OST Project References and Bios Sept16

OST Energy

September 2016 14

Owners Engineering Support Aura Solar II – 60 MWac PV Plant, Honduras

OST’s role: Owner’s Engineer – from Pre-FC

throughout Construction to Final Completion

Location: Honduras

Client: ECSA

Date: 2014-2015

OST is appointed to provide full Owner’s Engineering support for this 60MWAC solar PV facility

that is currently under construction in Honduras. The scope of work includes a 10-month

construction period from EPC mobilization through Final Completion and Acceptance Testing. On-

site support includes the services of one civil engineering professional and one electrical

professional (with Transmission and Distribution experience) to witness the progress and quality of

the construction. Engineering support for all areas of the facility engineering and its’ interconnection

were governed under this scope of work. In addition to the On-Site construction support efforts,

Home Office professionals provide part-time support to the project in the review of field data,

Change Order Management, document review and provision, and Schedule oversight.

Owners Engineering Support – 35MW PV Project, El Salvador

OST’s role: Owners Engineering Services

Location: El Salvador

Client: Confidential

Date: 2015

OST Energy has been appointed to provide a comprehensive set of technical and commercial

services for the development of a PV project in El Salvador. The assignment encompasses

technical optimisation of the plant, permitting and EPC Request for Proposals to solicit bids from

experienced contractors for the complete engineering, procurement and construction of the PV

Plant.

Page 15: OST Project References and Bios Sept16

OST Energy

September 2016 15

Owners Engineering Support – 50MW PV Projects, Mexico

OST’s role: Owners Engineering Services

Location: Mexico

Client: Confidential

Date: 2015

OST Energy has been appointed to provide a comprehensive set of technical and commercial

services for the development of two PV projects in Mexico. The assignment encompasses technical

optimisation of the plant, permitting and preliminary design of the PV Plants.

Owner’s Engineer; 62 MW PV Project with Energy Storage

OST’s role: Construction monitoring, design

review, and coordination

Location: California, USA

Client: Confidential Development

Date: 2015 - current

OST was appointed to provide full-time on-site construction monitoring, design reviews, review of

EPC submittals and coordination of the RFI process of a 62MWac single-axis tracking PV system

with Tesla-based backup power in southern California. OST represents the developer’s interests

at the site as it contends with the presence of protected species, archaeological artefacts,

significant runoff from an active streambed, and high wind events.

Page 16: OST Project References and Bios Sept16

OST Energy

September 2016 16

Lenders Engineer; 70 MW operational ground mount portfolio

OST’s role: Lender’s Technical Advisor (LTA)

Location: England and Wales, UK

Client: Confidential consortium; UK and

international Lenders and US ratings agency

Date: 2014-2015

OST acted as LTA in the financing of a portfolio of 26 operational ground mounted PV projects in

the UK with a total capacity of 70MW. The scope was to provide due diligence review of the complex

portfolio including the following key elements:

• Analysis of project contracts including EPC, O&M and asset management agreements to highlight

and quantify Lender protections and risks to the financial base case.

• Analysis of plant construction quality in concert with Lender representation during acceptance

process to quantify outstanding cost liabilities.

• Detailed yield analysis and operational performance review to inform revenue expectations at

project and portfolio level.

Technical financial model inputs including, lifetime maintenance cost requirements, generation

expectations and downside scenarios

Owner’s Engineer; 10 MW PV Project

Location: Arizona, USA

Client: Confidential IPP

Date: 2015

OST was appointed to provide equipment selection support, conceptual designs, an RFP package

including technical specifications, a yield assessment, geotechnical review and interconnection

application for a 10MWac fixed-tilt PV system in Arizona. OST met with the Client and bidders

onsite and managed the RFP process. We also evaluated the EPC bids for the Client.

Page 17: OST Project References and Bios Sept16

OST Energy

September 2016 17

Owner’s Engineer; 310 MW PV Portfolio

Location: Brazil

Client: Confidential Global Utility

Date: 2015-2016

OST was commissioned to support and/or provide site selection, equipment selection, yield

analysis, and fatal flaw analysis for five sites totalling 310MWac of single-axis tracking PV in Brazil.

Given the local economy and stringent government requirements for locally manufactured

components, Renewable Energy Project Development in this market poses unique challenges and

risks for the Client which OST investigated and presented to the Client.

Owner’s Engineer; 15.4 MW PV Project

Location: Texas, USA

Client: Confidential IPP

Date: 2015-present

OST was appointed to provide both preliminary and construction phase support for a 15.4 MWac

PV project located within a US military base. OST conducted a design review, prepared a yield

assessment and provided other OE support services which allowed the Client to make an informed

decision about proceeding with its plans to develop the project.

Page 18: OST Project References and Bios Sept16

OST Energy

September 2016 18

Owner’s Engineer; 30 MW Hybrid PV Portfolio

Services provided:

Location: USA

Client: Confidential IPP

Date: 2015-present

OST was commissioned to provide equipment selection support, conceptual designs for fixed-tilt

systems, RFP packages and yield assessments for two locations in the northeast United States

totalling 30MWac. OST is also charged with evaluating the feasibility of additional sites as well as

managing the RFP process and evaluating the EPC bids for the Client. The Client already owns

and operates existing hydropower facilities on these sites and therefore is able to minimize the

development costs for these projects.

Lenders Technical Advisor, 6MW Floating PV project, UK

OST’s role: Independent Engineer and Lender's

Technical Advisor

Services provided:

Location: UK

Client: UK developers, equity investor and

lending bank

Date: 2012-2016

OST was appointed in 2012 to undertake a due diligence assessment of the technical detail of a

proposed novel floating PV plant design for installation on a UK reservoir and connection to the

existing infrastructure of a water utility. In addition to the typical due diligence scope, OST

undertook a number of inspection visits to existing small scale and pilot projects in France and

Japan in addition to carrying out a detailed review and providing input to revision of the structural

design. Financing of the project was successfully closed in 2016 making the plant the first European

bank financed floating PV project.

Page 19: OST Project References and Bios Sept16

OST Energy

September 2016 19

Owner’s Engineer; 300 MW PV Portfolio

Location: Various, including Mexico, the

Dominican Republic, Nigeria, Chad, Malawi and

Cameroon

Client: Confidential Utility

Date: 2015-present

OST has been appointed to undertake Owner’s Engineering support for a leading global utility with

renewable energy projects. Services provided have included project management, construction

monitoring, yield reports, and environmental studies for a 300MW portfolio of projects.

Independent Engineer; National Market Study for PV

OST’s role: Market study

Location: Mexico

Client: Confidential Utility

Date: 2016-present

OST was commissioned to conduct a study of the Mexican market for PV. The analysis will include

an overview of Mexico’s energy policy and infrastructure and new wholesale electricity market, a

PV policy framework, market evaluation, incentive programs for renewables, energy auction

summary, summary of electricity market players, competitor analysis, a developers and investor

overview and future outlook.

Page 20: OST Project References and Bios Sept16

OST Energy

September 2016 20

Energy forecast reports for IPPs – South Africa

OST’s role: Owner's Engineer

Services provided: Analysis

Location: South Africa

Client: Various IPP Developers

Date: 2012 - 2015

OST was appointed by various IPP Developers to provide detailed Forecast Energy Sales Reports

(FESRs) for their South African REIPP bid submissions.

To ensure credible yield numbers are submitted as part of the bidding process, REIPP rules

stipulate a range of stringent experience and qualifications that yield modellers must possess

before they can be appointed to the role. To date OST has provided FESRs for projects bidding

into the REIPP process with a combined capacity of over 900 MW.

Energy reports on 40 MW of solar projects – South Africa

OST’s role: Owner's Engineer

Services provided: Analysis

Location: South Africa

Client: Various small project IPP Developers

Date: 2014

OST was appointed by various small project IPP Developers to provide detailed Forecast Energy

Sales Reports (FESRs) for their South African Small Projects REIPPPP bid submissions.

To ensure credible yield numbers are submitted as part of the bidding process REIPP rules

stipulate a range of stringent experience and qualifications that yield modellers must possess

before they can be appointed to the role. The plants modelled included fixed and tracking ground

mounted as well as fixed rooftop systems.

Page 21: OST Project References and Bios Sept16

OST Energy

September 2016 21

Quality assessment for 2 x 86 MW projects – South Africa

OST’s role: Owner's Engineer

Services provided: Technical component review

Location: South Africa

Client: Old Mutual

Date: 2014 - ongoing

OST was appointed by the main equity investors in two Round 2 South African REIPPPP solar PV

projects to undertake module quality testing on modules delivered to the project from China.

Modules were subject to a number of tests including visual Inspections, maximum power

determination, insulation measurement, electroluminescence testing and thermographic inspection

at a local South African testing laboratory. OST provided feedback to the Owner on the results and

suggested mitigation measures where issues with the modules were identified.

33 MW solar project – Mozambique

OST’s role: Owner's Engineer

Services provided: Analysis

Location: Mozambique

Client: Confidential IPP Developer

Date: July 2015

OST was appointed by an international developer interested in building a 33 MWp plant in

Mozambique. As the first step of the site assessment process, we undertook an independent

irradiation analysis to assess the irradiation resource availability at a site under review to check

plant feasibility and provide initial numbers to feed into a financial model.

Page 22: OST Project References and Bios Sept16

OST Energy

September 2016 22

40 MW AC solar project – Kenya

OST’s role: Owner's Engineer

Services provided: Planning

Location: Kenya

Client: Confidential Developer (OPIC funded)

Date: 2014 - 2015

OST was appointed to provide development support for a 40 MW project proposed to be built under

the Kenyan Feed-in Tariff policy. The scope of work includes a 12 month solar measurement

campaign, comparative energy yields achievable through various module and mounting technology

combinations, constructing preliminary plant layouts and to provide environmental and planning

expertise to support to the Client through the ESIA process.

10 MW AC solar project – Kenya

OST’s role: Owner's Engineer

Services provided: Planning

Location: Kenya

Client: Confidential Developer (OPIC funded)

Date: 2014 - 2015

OST was appointed to provide development support for a proposed 10 MW AC plant to be built in

Kenya. The scope of work includes a 12 month solar measurement campaign, comparative energy

yields for various module and mounting technology combinations, plant layouts, single line

diagrams and specification of key equipment for the plant. A detailed cost estimate and

implementation plan for the project was prepared for the Client.

Page 23: OST Project References and Bios Sept16

OST Energy

September 2016 23

2 x 40 MW AC solar plants – Nigeria

OST’s role: Owner's Engineer

Services provided: Planning

Location: Nigeria

Client: Confidential

Date: 2014 - 2015

OST was appointed to provide development support for a project consisting of two 40 MW AC

plants proposed to be built in northern Nigeria.

The scope of work includes assessment and selection of a site from a shortlist provided by the

Developer, a preliminary grid connection study, desktop ESIA, 12 month solar measurement

campaign, comparative energy yields achievable through various module and mounting technology

combinations, CAPEX and OPEX inputs into the financial model and a conceptual design package

including plant layouts, single line diagrams and specification of key equipment.

Bid submission support and feasibility studies – MENA region

OST’s role: Owner's Engineer

Services provided: Feasibility

Location: Egypt, UAE, Morocco, Pakistan, Iran,

Saudi Arabia

Client: EPC Contractor

Date: 2014 - 2015

OST was appointed as technical advisor to undertake preliminary assessment for PV projects

under development and / or pipeline roll-out, providing assistance for site scouting, preliminary

resource and yield assessment, the definition of Owner’s requirements and a ground measurement

campaign, and assistance during EPC tender process, contract negotiations and grid integration

studies.

Page 24: OST Project References and Bios Sept16

OST Energy

September 2016 24

50 MWp solar cluster – Jordan

OST’s role: Owner's Engineer

Services provided: Technical advisory,

Construction monitoring

Location: Jordan

Client: EPC Contractor

Date: 2015

OST was commissioned to undertake executive design (civil, electrical, mechanical,

instrumentation), engineering coordination and construction monitoring for a cluster of four ground

mounted PV plants in Jordan, totalling 50 MWp.

Our design team identified valuable optimised technical solutions for large scale PV plants. As part

of our scope we have also provided local support for the submission of authorisations and permits.

Energy yield assessment on Al Maktoum Solar Park – UAE

OST’s role: Owner's Engineer

Services provided: Analysis, Feasibility

Location: United Arab Emirates

Client: EPC Contractor

Date:

OST was commissioned to undertake an independent energy yield assessment at the 13 MWp

Mohammed bin Rashid Al Maktoum Solar Park, the largest PV facility in the region.

As part of the assignment, OST evaluated the irradiation conditions at the site and produced an

analysis of the losses in order to calculate the long-term performances for budgeting purposes.

Page 25: OST Project References and Bios Sept16

OST Energy

September 2016 25

10 MW Sultanabad AC solar PV plant – Pakistan

OST’s role: Owner's Engineer

Services provided: Environmental & social

services, Analysis, Feasibility, Commercial

advisory

Location: Pakistan

Client: Janpur Energy Ltd.

Date: March 2016

OST was engaged by Janpur Energy Ltd. to assist with the development of the 10 MW AC solar

PV plant at Sultanabad in the Punjab region of Pakistan. The scope of works included site

assessment including grid connection studies, an energy yield assessment to determine the

expected energy yield of the proposed plant, and a full project technology and design review with

an economic analysis to determine the payback time and profitability of the project.

OST also carried out environmental and social impact assessment in order to obtain the necessary

permit from the Punjab Environmental Protection Agency (PEPA).

10 MW Lalpir AC solar PV plant – Pakistan

OST’s role: Owner's Engineer

Services provided: Environmental & social

services, Analysis, Feasibility, Commercial

advisory

Location: Pakistan

Client: Nishat Power Limited

Date: November 2015

OST carried out Owner’s Engineer development services on behalf of Nishat Power Ltd. for the 10

MW AC solar PV plant at Mauza Verar Sipra in the Muzaffargarh district in Pakistan. The work

included a full and detailed site assessment using desktop data combined with that obtained during

a site visit to verify comparative suitability in terms of location, geotechnical considerations,

shading, security, and environmental and social aspects.

Key component and design reviews were also undertaken and OST provided the Client with a

preliminary economic analysis assessing the project’s payback time and revenues.

Page 26: OST Project References and Bios Sept16

OST Energy

September 2016 26

100 MW Mirpur Sakro AC solar PV plant – Pakistan

OST’s role: Owner's Engineer

Services provided: Environmental & social

services, Analysis, Feasibility, Commercial

advisory

Location: Pakistan

Client: Siachen Energy Limited

Date: December 2015

OST was appointed as Owner’s Engineer by Siachen Energy Ltd. to conduct a feasibility study on

a proposed 100 MWp solar PV plant in Sindh, Pakistan. We carried out a full review of the proposed

project including key components and technologies and project design. Grid connection and

network studies were taken into consideration as part of the site assessment which also included

detailed environmental and social impact analysis, as well as complete irradiation yield evaluation,

aimed at determining the economic feasibility of the project.

Review of contractual suite for developer – Australian project

OST’s role: Owner's Engineer

Services provided: Commercial advisory

Location: Australia

Client: Confidential Developer

Date: 2016

On behalf of a developer, OST provided a review of the contractual suite for the Australian context

and in particular the ARENA funding programme.

Page 27: OST Project References and Bios Sept16

OST Energy

September 2016 27

100MW ground mount feasibility study - India

OST’s role: Owner's Engineer

Services provided: Feasibility

Location: India

Client: Confidential

Date: 2010

OST Energy Ltd was commissioned by a major international utility to conduct an independent

feasibility and energy yield study of a project located in Rajasthan, Western India.

Owner's Engineer/Development Support

OST’s role: Owner's Engineer

Services provided: Technical Advisory

Location: Pakistan

Client: Confidential

Date: 2014

OST worked as Owner’s Engineer advising on the selection and installation of a solar-diesel hybrid

power plant for an industrial complex in Pakistan, including integration with existing generating sets

and electrical system.

Owner’s Engineering / Development Support - Philippines

OST’s role: Owner's Engineer

Services provided: Technical Advisory

Location: Philippines

Client: Confidential

Date: 2012

Page 28: OST Project References and Bios Sept16

OST Energy

September 2016 28

OST provided technical support for the development of a portfolio of biomass and PV projects in

Philippines. The role included secondment to the client’s local office to engage directly with local

partners for site selection, feasibility and project development.

310 MW PV Portfolio

OST’s role: Owner’s Engineer

Services provided: Analysis

Location: Brazil

Client: Confidential Global Utility

Date: 2015 – 2016

OST was contracted to provide site selection, equipment selection, yield analysis, and fatal flaw

analysis for five sites totalling 310MWac of single-axis tracking PV in Brazil. Given the local

economy and stringent government requirements for locally manufactured components,

Renewable Energy Project Development in this market poses unique challenges and risks for the

Client which OST investigated and presented to the Client.

30 MW Hybrid PV Portfolio

OST’s role: Owner’s Engineer

Services provided: Analysis, Technical advisory

Location: USA

Client: Confidential IPP

Date: 2015 – present

OST was contracted to provide equipment selection support, conceptual designs for fixed-tilt

systems, RFP packages and yield assessments for two locations in the northeast United States

totalling 30MWac. OST is also charged with evaluating the feasibility of additional sites as well as

managing the RFP process and evaluating the EPC bids for the Client. The Client already owns

and operates existing hydropower facilities on these sites and therefore is able to minimize the

development costs for these projects.

Page 29: OST Project References and Bios Sept16

OST Energy

September 2016 29

300 MW PV Portfolio

OST’s role: Owner’s Engineer

Services provided: Analysis, Project

management, Construction monitoring

Location: Various, including Mexico, the

Dominican Republic, Nigeria, Chad, Malawi and

Cameroon

Client: Confidential Utility

Date: 2015 – present

OST has been appointed to undertake Owner’s Engineering support for a leading global utility with

renewable energy projects. Services provided have included project management, construction

monitoring, yield reports, and environmental studies for a 300MW portfolio of projects.

Page 30: OST Project References and Bios Sept16

OST Energy

September 2016 30

2.2 Rooftop Solar

2 MWp rooftop and car park portfolio – USA

OST’s role: Owner’s Engineer

Services provided: Construction monitoring

Location: USA

Client: US Utility

Date: 2015

OST has been appointed to provide construction monitoring support for a portfolio of rooftop /

canopy solar PV projects located in California. The portfolio was comprised of the following

projects: three PV canopy systems (totalling 0.4 MWp), and ten rooftop mounted PV solar system

installations (totalling 1.6 MWp). The aim of this monitoring is to check that the construction quality

is in accordance with the technical specifications as drafted in the contracts and that the

construction is in line with the contractor’s provided designs. OST also reviewed the consistency of

the construction with key equipment installation manuals and ensured it adhered to the EPC and

construction schedule, giving particular attention to time delays and potential cost over runs. We

also checked that the construction conformed to the planning documentation and grid connection

agreements.

10 MWp rooftop and car park portfolio – USA

OST’s role: Owner’s Engineer

Services provided: Construction design review

and approval

Location: USA

Client: US Utility

Date: 2015

OST is engaged in the Washington DC area to provide ongoing technical support on the roll out of

a 10MWp rooftop portfolio. Our role includes providing detailed technical review and engineering

feedback on all preconstruction design documents. This portfolio include thirty-four rooftop solar

installations accumulating to more than 8.1 MWp and five carports equalling 2.5 MWp. OST is

reviewing all design parameters for the solar installation that will ensure quality and safety

parameters are met throughout the construction. The structural requisites of the arrays will be

Page 31: OST Project References and Bios Sept16

OST Energy

September 2016 31

assessed to ensure immobilization and the structure meets all risk, exposure, and load

specifications as well as remains in accordance with federal and local requirements. Electrical

design is being checked to ensure proper operation and compliance with regulatory requirements.

14MWac ground-mount and rooftop PV Portfolios

OST’s role: Independent Engineer

Services provided: Technical advisory,

Construction monitoring

Location: USA

Client: Confidential Utility / IPP

Date: 2015 – present

The Client engaged OST to undertake Owner’s Engineering support for two portfolios of projects

which included rooftop sites located in high density metropolitan cities. Services provided include

EPC civil/structural and electrical design reviews in addition to milestone construction monitoring.

Currently over 14 MW of rooftop and ground-mount projects are in various stages of support.

25MWac ground-mount and rooftop PV Portfolios

OST’s role: Owner’s Engineer

Services provided: Technical advisory,

Construction monitoring

Location: USA (California, Connecticut, the

District of Columbia, Georgia, Maryland,

Massachusetts and North Carolina)

Client: Confidential Utility / IPP

Date: 2015

The Client engaged OST to undertake owner’s engineering support. Services provided include

EPC civil/structural and electrical design reviews in addition to milestone construction monitoring.

Currently over 25MW of rooftop and ground-mount projects are in various stages of support.

Page 32: OST Project References and Bios Sept16

OST Energy

September 2016 32

73 MW Commercial Rooftop portfolio - France

OST’s role: Technical Due Diligence,

Construction Monitoring and Acceptance Testing

Location: France

Client: DIF and Confidential Banks

Date: May 2010 - Ongoing

OST has undertaken a variety of works from initial due diligence to acceptance test sign off for a

portfolio of 29 large scale projects in France, with a total installed capacity of 73 MW. The projects

were developed by a large French supermarket chain and are a mix of rooftop and car park shelter

systems. Initially OST assisted the client in contract negotiations with the Developer/EPC

Contractor to ensure a fair distribution of construction and operational risk. This was followed by a

technical review of each project covering technology, energy yield study, structural, permitting and

grid connection, as well as provision of technical inputs to the investors’ financial model. Sites were

then visited during construction and at the testing phase to verify plant performance at takeover.

The projects were successfully acquired and are performing above expectations.

84.6 MWp domestic & commercial rooftop portfolios – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Aviva

Date: 2012 – 2016

OST conducted several technical due diligence reviews for both domestic and commercial

portfolios for aggregation into the investor platform. The number of systems comprising the

portfolios varied from 100 to 6,500, with a total capacity to date of 84.6 MWp. The scope of works

included an energy yield forecast based on operational data, technology reviews, a review of the

contractual suite defining the portfolios, and an extensive asset sampling program including

multiple visits and inspections. Additionally, for certain projects, OST undertook reviews of the

installer and their operating processes, as well as financial model reviews. OST worked with the

Page 33: OST Project References and Bios Sept16

OST Energy

September 2016 33

Client to mitigate any issues which could have caused a detrimental effect on project value, in order

to help ensure lasting financial viability for the buy-and-hold nature of the investment.

55.1 MWp commercial rooftop portfolios – France

OST’s role: Independent Engineer

Services provided: Technical advisory

Location: France

Client: Crédit Agricole, La Banque Postale, BPI

France, Triodos, Arkéa, & Rivage Investment

Date: 2015 – 2016

OST was appointed as the Independent Engineer and provided technical assessment for two

commercial rooftop portfolios. The first portfolio consisted of 53 operational plants with a rooftop

capacity of 19.3 MWp, as part of a 56.9 MWp installed capacity portfolio. The second consisted of

98 commercial rooftops with a rooftop capacity of 35.8 MWp, as part of a 45.7 MWp installed

capacity portfolio. OST undertook a condition assessment and due diligence review of the plant

equipment, conducted an operational yield assessment including benchmarking to original yield

studies, provided expertise on refining financial model assumptions, assessed key technical risk

mitigation in the contractual suite including amendments, and undertook an extensive asset

sampling program across a representative sample of the installations. Further to this, OST reviewed

the structural reports findings, assessed the adequacy of the decommissioning costs and

maintenance reserve amounts and reviewed the grid connection where required.

39.8 MWp domestic rooftop portfolio – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Macquarie

Date: 2014

OST was engaged by the Client to undertake a technical due diligence review for a portfolio of

10,625 domestic systems, with a total capacity of 39.8 MWp. OST evaluated the group of

participants, the technical characteristics of the equipment installed, the contractual suite, and the

financial model. We also provided an energy yield forecast based on operational analysis. In

Page 34: OST Project References and Bios Sept16

OST Energy

September 2016 34

addition, the scope of works included an extensive asset sampling programme with multiple visits

and inspections.

50 MWp commercial rooftop portfolio – UAE

OST’s role: Independent Engineer

Services provided: Due diligence

Location: Dubai, UAE

Client: Engie

Date: 2015

OST supported the Client in the Bid Submission activities for a project consisting of a portfolio of

buildings located in Dubai. The potential capacity of the project amounted to 50 MWp. The

requested advisory services during the bid preparation included the technical review of the request

of proposal and a site visit to the buildings where the plants are expected to be installed. OST

provided a number of comments for technical optimisation of the project including layout and

structures to be include in the proposal. We completed plant modelling highlighting any possible

constraints that could affect plant production related to the specific project location. The support

included attendance at meetings with the potential EPC and O&M contractor to discuss specific

technical issues related to the project and to be included in the bid documentation.

Owner’s Engineer; 11 MW PV Portfolio

Location: USA

Client: Confidential Utility/IPP

Date: 2015-present

The Client engaged OST to undertake owner’s engineering support for a portfolio of PV projects

which included several rooftop systems mounted on historic buildings and other architecturally

sensitive structures. Services provided include EPC civil/structural and electrical design reviews.

Currently over 30 rooftop and ground-mount projects are in various stages of support.

Page 35: OST Project References and Bios Sept16

OST Energy

September 2016 35

38.8 MWp commercial rooftop portfolios – France

OST’s role: Independent Engineer

Services provided: Technical advisory

Location: France

Client: Natixis & Natixis Energeco

Date: 2015 – 2016

OST was appointed as the Independent Engineer where the first review consisted of the technical

assessment of a 31.2 MWp commercial rooftop portfolio as part of the refinancing process. For the

second portfolio, OST reviewed 7.6 MWp of installed rooftop capacity, as part of a 64.1 MWp

installed capacity portfolio. We evaluated the group participants, technical equipment installed, the

contractual suite, and the base case financial model. We also provided a yield analysis together

with a benchmark against third-party yields already undertaken, and examined operational

performance data. Further to this, a program of site visits to assess condition of key equipment and

electrical components was conducted across the portfolio.

Owner’s Engineer; PV Portfolios

Location: USA

Client: Confidential Utility/IPP

Date: 2015-present

The Client engaged OST to undertake owner’s engineering support for two portfolios of projects

which included rooftop sites located in high density metropolitan cities. Services provided include

EPC civil/structural and electrical design reviews in addition to milestone construction monitoring.

Currently over 14MW of rooftop and ground-mount projects are in various stages of support.

Page 36: OST Project References and Bios Sept16

OST Energy

September 2016 36

Owner’s Engineer; 25 MW PV Portfolios

Location: USA (California, Connecticut, the

District of Columbia, Georgia, Maryland,

Massachusetts and North Carolina)

Client: Confidential Utility/IPP

Date: 2015-present

The Client engaged OST to undertake owner’s engineering support. Services provided include

EPC civil/structural and electrical design reviews in addition to milestone construction monitoring.

Currently over 25MW of rooftop and ground-mount projects are in various stages of support.

13.2 MWp domestic & commercial rooftop portfolios – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Spring Park Capital

Date: 2015

OST conducted Technical Due Diligence (TDD) reviews for two domestic and commercial

portfolios. The first portfolio was comprised of 1,033 domestic rooftops and 66 commercial rooftops,

with a total capacity of 6.5 MWp, whereas the second portfolio was comprised of 2,387 domestic

rooftops with a total capacity of 6.7 MWp. For the first portfolio, OST undertook an energy yield

forecast, technology review, a review of the suite of contracts defining the portfolio, multiple visits

and inspections, module testing analysis, quality management and design approach, and analysis

of the current and future asset management. For the second portfolio, we undertook the energy

yield forecast based on operational data, and reviewed the findings of the vendor’s TDD report.

Page 37: OST Project References and Bios Sept16

OST Energy

September 2016 37

11 MW rooftop and ground-mount PV Portfolio

OST’s role: Owner’s Engineer

Services provided: Technical advisory

Location: USA

Client: Confidential Utility/IPP

Date: 2015 – present

The Client engaged OST to undertake owner’s engineering support for a portfolio of PV projects

which included several rooftop systems mounted on historic buildings and other architecturally

sensitive structures. Services provided include EPC civil/structural and electrical design reviews.

Currently over 30 rooftop and ground-mount projects are in various stages of support.

5.1 MWp commercial rooftop plant – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Octopus Investments

Date: 2012

OST was appointed as the Independent Engineer to undertake a technical review of a proposed

commercial rooftop plant located on the Bentley car factory in the UK. As part of the scope, we

undertook a site visit with the aim of assessing the status of the project, the suitability for

photovoltaic development, and any potential issues which might arise. Further to this, we evaluated

the technical characteristics of the equipment to be installed, provided an energy yield forecast and

reviewed the planning status and grid connection agreement. OST also monitored the ongoing

construction of the plant by means of a site visit, and provided feedback to the Client on whether

the requirements for Provisional Acceptance Certificate (PAC) sign-off set out in the EPC Contract

had been met.

Page 38: OST Project References and Bios Sept16

OST Energy

September 2016 38

2.5 MWp commercial rooftop plant – UK

OST’s role: Independent Engineer

Services provided: Technical advisory

Location: UK

Client: Eneco

Date: 2016

OST was engaged to visit this 2.5 MWp PV installation located on a large retail distribution centre

in order to support the Client in the assessment of quality of installation in accordance with UK

standards and laws.

2.9 MWp commercial rooftop portfolio – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: HG Capital

Date: 2015 – 2016

OST was required to support the Client on the roll-out programme for commercial rooftop PV plants

in the UK. OST reviewed more than 50 commercial projects, with a total capacity of 2.9 MWp. We

advised the Client on the approach used by the developer to estimate the yield, as well as design

and quality management. On an ongoing basis, OST conducted reviews of the adequacy and detail

of the irradiation and yield design documentation, the proposed layouts and structural reports, and

the electrical design and drawings. In the second phase of the project portfolio development, we

reviewed the as-built diagrams, MCS documentation, DC / AC commissioning tests, the grid

connection documentation and the QC sign-off documentation.

Page 39: OST Project References and Bios Sept16

OST Energy

September 2016 39

2.2 MWp domestic & commercial rooftop portfolio – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: RBS

Date: 2015 – ongoing

OST was appointed as the Independent Engineer on 2.2 MWp of installed rooftop capacity, as part

of a 3.8 MWp installed capacity portfolio of below 50 kWp sites. The rooftop portfolio was comprised

of 18 commercial rooftops and 73 schools. OST conducted an energy yield forecast based on

operational data, undertook a due diligence review of the plant equipment, assessed technical risk

mitigation in the contractual suite (including the O&M Contract, FiT agreement, domestic buyback

agreements, and PPAs), reviewed the portfolio against the equator principles, provided expertise

on maintenance reserve amounts assumptions, and undertook an extensive asset sampling

program including multiple visits and inspections.

Further due diligence has been conducted prior to on-boarding additional rooftop systems,

including domestic and commercial systems.

1.8 MWp domestic rooftop portfolio – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Next Energy

Date: 2015

OST conducted a technical due diligence review for a portfolio of 697 domestic systems, with a

total capacity of 1.8 MWp. The scope of works included an energy yield forecast based on

operational data, technology reviews, a system design review, analysis of the O&M activities to

date, a review of the contractual suite, a portfolio process overview, and an extensive asset

sampling programme including multiple visits and inspections.

Page 40: OST Project References and Bios Sept16

OST Energy

September 2016 40

Independent engineer; 25,000 residential systems aggregated portfolio

Location: England and Wales, UK

Client: Aviva

Date: 2012-2015

OST has conducted numerous technical due diligence reviews of portfolios of systems ranging

from 500 to 9,000 individual installations for aggregation into the investor platform. These works

include technology reviews, energy yield analysis including operational analysis, review of the

installer and operating processes, review of the contractual suite, an extensive asset sampling

program, and multiple visits and inspections.

OST worked with the client to minimise issues which could cause a detrimental effect on project

value, in order to help ensure lasting financial viability for the buy-and-hold nature of investment.

Domestic rooftop portfolio – UK

OST’s role: Independent Engineer

Services provided: Due diligence

Location: UK

Client: Aviva

Date: 2016 – ongoing

OST is providing independent Technical Due Diligence (TDD) services regarding the buyback of

several batches of domestic rooftop projects. The buyback process consists of the purchase of

batches of domestic installations that have been in operation for up to six years.

The initial step for OST was to analyse the on-boarding process from a portfolio standpoint. As part

of this scope, we reviewed the general methodology as well as the intended documentation

provision. OST also developed and provided a yield forecasting tool as a simplified approach in

order to generate a valuation figure for each system. Further to this, we undertook a programme of

site visits to a sample of sites for the initial batch. The future stages of this project will involve due-

diligence services on each successive batch to be on-boarded into the portfolio.

Page 41: OST Project References and Bios Sept16

OST Energy

September 2016 41

Commercial rooftop portfolio – Ireland

OST’s role: Independent Engineer

Services provided: Technical advisory

Location: Ireland

Client: ESB & Kingspan

Date: 2015

OST was engaged by the Clients to provide market advice, irradiation studies, financial modelling,

and a planning review, assistance with contractual development and to guide the refinement of

EPC technical schedules across a range of commercial rooftop projects in Ireland.

6 MWp commercial rooftop portfolio – Italy

OST’s role: Independent Engineer

Services provided: Due diligence

Location: Italy

Client: Segro

Date: 2015

Segro intended to acquire a portfolio which included rooftop PV plants developed between 2009

and 2012 with a total roof size for the three locations of 121,000 m2 in three different locations for

a total capacity of 6 MWp. OST analysed and commented on all the major technical features of the

rooftop projects, focusing in particular on the following main tasks: Review of plant performances,

permits and licences, project technical characteristics, yield and O&M contracts. The study was

aimed at highlighting matters of potentially deal-breaking importance promptly to the Client.

Page 42: OST Project References and Bios Sept16

OST Energy

September 2016 42

2.5 MWp commercial rooftop plant – Italy

OST’s role: Independent Engineer

Services provided: Due diligence

Location: Italy

Client: Crédit Agricole

Date: 2015

OST supported the Client in a technical due diligence for a 2.5 MWp rooftop plant operating since

2011. The scope of work was aimed at analysing all warranties and contracts and suggesting

maintenance activities to improve plant performance as well as ensuring health and safety rules

were followed. Operational data was investigated and compared against the OST energy yield

model, identifying weak points that could affect future plant performance. Additionally OST

analysed all documents sent to GSE (the Italian national grid operator) in order to identify any risks

that could potentially revoke the Feed-in-Tariff payments of the plant.

Page 43: OST Project References and Bios Sept16

OST Energy

September 2016 43

2.3 Wind Projects

Lender’s Engineer; 14.1 MW Edintore Wind Farm, Scotland

OST’s role: Yield analysis, due diligence, and

construction monitoring

Location: Scotland

Client: NORD/LB

Date: 2015- Ongoing

OST was appointed to provide Lender’s Engineer due diligence on a 6 turbine project in

Aberdeenshire. The project is expected to achieve Financial Close in October 2015 and is expected

to be commissioned by the end of 2016. In addition to the Technical Due Diligence Report OST

also conducted an independent Energy Yield Assessment which included a peer review of and

comparison to the existing study. These assessments provided the Lender with a forecast of P50

and P90 annual output based upon final contract terms for the transaction financial model.

Full energy yield assessment and detailed wake impact analysis of 2 x 100 MW wind farms

in South Australia

OST’s role: Owner’s Engineer

Services provided: Analysis

Location: South Australia

Client: Neoen

Date: 2016

OST was appointed by international developer Neoen to undertake an independent Energy Yield

Assessment (EYA) for its 100 MW Hornsdale 1 Wind Farm currently under construction, and the

new neighbouring 100 MW Hornsdale 2 Wind Farm to be constructed in South Australia. The Wind

Farms include a total of more than 60 turbines, with the quantification of wake effects of one Project

on the other of high importance. The EYA references several primary sources of wind data including

masts of different heights and a roaming SODAR. The finance-grade report includes analysis of

on-site met data and reference data, long-term corrections, wind flow and wake modelling and full

assessment of P50, P90 scenarios and capacity factors for both Projects.

Page 44: OST Project References and Bios Sept16

OST Energy

September 2016 44

Due to the complex nature of the wind flow and the site specific meteorological conditions at the

project location, the analysis was undertaken using an advanced Computational Fluid Dynamics

(CFD) flow model resulting in higher confidence in the results and an improved P90/P50 ratio.

Tarkastaad & Molteno Wind Farms – South Africa

OST’s role: Owner's Engineer

Services provided: Analysis, Feasibility

Location: South Africa

Client: Afri-Coast

Date: November 2014

OST was commissioned to provide development services and analysis including preliminary wind

resource estimation and site wind mapping with no on-site wind data.

Langhoote & Wolseley Wind Farms – South Africa

OST’s role: Owner's Engineer

Services provided: Analysis, Feasibility

Location: South Africa

Client: SAGIT

Date: November 2014

OST was commissioned to provide development and analysis services including for four site met

masts and preliminary wind resource estimates.

Hartlepool Wind Farm – UK

Page 45: OST Project References and Bios Sept16

OST Energy

September 2016 45

OST’s role: Owner's Engineer

Services provided: Analysis, Feasibility,

Technical advisory, Commercial advisory

Location: UK

Client: Seneca Global Energy

Date: October 2014

OST was appointed to provide initial technical & commercial advisory inputs for the 3-turbine

Hartlepool project. We also provided met data management services in order to oversee the

installation and subsequent collection of wind data measurements at the on-site mast.

Independent Engineer; 500+ MW Onshore Portfolio. Greece, USA, Poland, Bulgaria

OST’s role: Independent Engineer

Location: Greece, USA, Poland, Bulgaria

Client: Confidential Investor

Date: 2013-2014

OST was commissioned by a financial advisor assisting a US-based global financing provider to

provide an independent technical evaluation of a large operating wind portfolio (approx. 500 MW)

in Greece, USA, Poland and Bulgaria and a wind project pipeline in Greece. OST’s role was to

assess the technical capabilities of the company’s operation and asset management team, the

project development team and the procurement and construction team. This included analysis of

operational performance (KPI and O&M reports), assessment of the economics of the portfolio and

the evaluation of the project schedule, and a review of the Country’s regulatory framework and

renewable energy supporting mechanisms.

Page 46: OST Project References and Bios Sept16

OST Energy

September 2016 46

Independent Engineer; 80 MW Tarkastaad Wind Farm & 140 MW Molteno Wind Farm, South

Africa

OST’s role: Development support and yield

analysis

Location: South Africa

Client: Afri-Coast

Date: 2014

OST was commissioned to provide development services and analysis including preliminary wind

resource estimation and site wind mapping in the absence of on-site wind data. The role involved

advice and guidance on key investment decision milestones.

Independent Engineer, 50 MW Wind Farm, Egypt

OST’s role: Yield and feasibility

Location: Egypt

Client: GDF Suez / Internation Power S.A.

Date: April 2015

OST was commissioned by GDF Suez to conduct a pre-feasibility assessment and environmental

and social assessment of two 50 MW wind (and various solar) projects which are being developed

under the Egyptian Feed-in Tariff (FIT) Scheme located on a number of land plots that the New

and Renewable Energy Authority (NREA) will allocate to successful bidders.

Page 47: OST Project References and Bios Sept16

OST Energy

September 2016 47

Melton Wind Farm – UK

OST’s role: Owner's Engineer

Services provided: Analysis, Due diligence,

Feasibility, Technical advisory, Commercial

advisory, Project management

Location: UK

Client: Seneca Global Energy

Date: April 2016

OST was appointed as Owner’s Engineer, supporting the Client through the development of the 11

MW Melton Wind Farm. The wide ranging scope of work included technical and commercial project

management, the review of planning documentation and tendering and negotiation of construction

contracts. OST also provided an independent energy yield assessment based upon data measured

at an on-site 60 metre meteorological mast for the two turbine types under consideration.

The project is due to enter construction in May 2016, and OST will continue to provide full

construction monitoring services to the Client. The project is due to be commissioned by the end

of 2016.

Kings Lynn wind turbine – UK

OST’s role: Owner's Engineer

Services provided: Technical advisory,

Commercial advisory

Location: UK

Client: KL Technologies

Date: April 2014

OST was commissioned to provide a full review of a turbine supply agreement and turbine

maintenance agreement, providing comments on the technical aspects of the contract including,

among others, the scope of works and services, the prices and terms of payment, the guarantees

and warranties, and the termination and withdrawal clauses.

Page 48: OST Project References and Bios Sept16

OST Energy

September 2016 48

2.4 Storage Projects

1 MW Energy Storage System coupled with 500kW PV facility

OST’s role: Owner’s Engineer

Services provided: Project management,

Construction monitoring

Location: Puerto Rico

Client: Confidential IPP

Date: 2015

OST was appointed to provide project management support for this client. Services included onsite

construction monitoring, home office desktop support for construction, commissioning, and testing

periods for a 1 MW energy storage system.

Technical Advisor; 36 MW storage facility, Texas

OST’s role: Technical Advisor

Location: USA

Client: Confidential client

Date: May 2015

OST Energy was commissioned as Technical Advisor for the due diligence process of a large scale

36 MW battery storage facility in Texas.

The assignment included the review of the proposed statement of work, testing schedules and

performance guarantees involved in upgrading a sub system of the facility’s lead acid batteries for

Samsung SDI’s lithium-ion batteries. The system needs to have sufficient operational storage

capacity to provide continuous frequency regulation dispatch energy to increase grid frequency or

absorb energy to decrease grid frequency. Within the review of the contractual schedules OST

focused on the proposed operational constraints for the lithium storage’s annual energy throughput,

allowable operational state of charge ranges and utilisation intensity (C-rate) in relation to the

system’s established operational requirements.

Page 49: OST Project References and Bios Sept16

OST Energy

September 2016 49

The Texas grid is the smallest of the grids in the United States, requiring a greater proportion of

stabilising capacity in relation to its size. The necessity to deliver high intensity energy release and

store responses naturally leads to thermal generation and dissipation requirements which OST also

reviewed as part of the operational warranty parameters.

Technical Advisor; Off-Grid PV with Energy Storage System

Location: Kaduna State, Nigeria

Client: EM-ONE

Date: October 2015

OST Energy was commissioned by EM-ONE as Technical Advisor to deliver the procurement

specifications for 40 stand-alone PV and energy storage systems for Primary Healthcare Facilities

across Kaduna State, Nigeria. EM-ONE is a Canadian energy and utility solutions company with

offices in Nigeria; they are focused on bringing sustainable power to rural and urban communities

in Africa.

Implementation of energy storage and PV Plants in the Sicilan grid

OST’s role: Technical Advisor

Location: Italy

Client: Antin Solar Investments

Date: August 2015

OST Energy was commissioned as Technical Advisor by Antin Solar Investments who were looking

to increase the potential revenues obtainable from large scale PV plants located in the Italian region

of Sicily. The purpose of the project was to review the financial opportunities of implementing

energy storage systems into the PV plants on the island, in particular with a hydrogen battery

technology solution.

Page 50: OST Project References and Bios Sept16

OST Energy

September 2016 50

Review of the financial modelling centred on the potential investment returns of providing ancillary

market electricity balancing services to Terna who are responsible for national electricity

transmission management and development in Italy.

The analysis included the IRR impact of variations to the value of spinning reserve in Sicily, capacity

payments for the service and varying Capex cost considerations including development costs. The

study also highlighted matters of warranty requirement, distribution network charges and O&M

consideration.

OST Energy also highlighted the opportunity of integrating the energy intensive hydrogen battery

solution’s open architecture with other power intensive technologies such as lithium-ion. This would

enable the system to deliver other potential revenue streams such as grid frequency and voltage

stabilisation services.

Owners Engineering Support – 26MW PV Plant with Battery Storage Project, Puerto Rico

OST’s role: Owner’s Engineer – EPC RFP

Development support and on-sight engineering

support

Location: Puerto Rico

Client: Confidential IPP

Date: 2014-2015

OST is appointed to provide development support for a 26MWAC plant that is to be built in Puerto

Rico. The scope of work includes development and management of the EPC RFP documentation

and award process. Additionally, on-site support and construction management is to be provided

by OST Energy.

Page 51: OST Project References and Bios Sept16

OST Energy

September 2016 51

Technical advisor; Off Grid Solar PV power for 40 Healthcare Centres in Kaduna State,

Nigeria

OST’s role: Technical Advisor during

procurement

Location: Nigeria

Client: EM-ONE

Date: October 2015

OST Energy was commissioned by EM-ONE as Technical Advisor to deliver the procurement

specifications for 40 stand-alone PV and energy storage systems for Primary Healthcare Centres

across Kaduna State, Nigeria. EM-ONE is a Canadian energy and utility solutions company with

offices in Nigeria; they are focused on bringing sustainable power to rural and urban communities

in Africa. OST Energy delivered a complete set of technical specifications for the procurement of

the systems and their integral components, within which commissioning and testing process

documentation and guidance was provided, along with technical advice to support the individual

component technical specifications, including the PV solar arrays, integrated battery banks,

inverters, charge controllers, distribution equipment and enclosures.

Funded by the UK Government’s Department for International Development, as part of their

‘SolarNigeria’ Programme, the systems are designed to provide 100% of the power needs of the

Primary Healthcare Centres, 24 hours a day.

Solar and energy storage project – Nigeria

OST’s role: Owner's Engineer

Services provided: Planning

Location: Nigeria

Client: Confidential

Date: March 2015 - ongoing

OST has been appointed to draft the testing and commissioning procedures and O&M manuals for

the Lagos Solar Project for Schools and Primary Healthcare Centres in Nigeria.

Page 52: OST Project References and Bios Sept16

OST Energy

September 2016 52

The Project involves the installation of 213 solar PV systems with integrated battery back-up and

remote monitoring to be installed on 172 schools and 11 Health Centres across the state of Lagos,

with a total installed capacity of 4,595 MWp.

The project was co-funded by the UK DFID and Lagos State Government through the Lagos State

Electricity Board.

62 MW PV Project with Energy Storage

OST’s role: Owner’s Engineer

Services provided: Construction monitoring

Location: California, USA

Client: Confidential Developer

Date: 2015

OST was appointed to provide full-time on-site construction monitoring, design reviews, review of

EPC submittals and coordination of the RFI process of a 62MWac single-axis tracking PV system

with Tesla-based backup power in southern California. OST represents the developer’s interests

at the site as the construction contends with the presence of protected species, archaeological

artefacts, significant runoff from an active streambed, and high wind events.

Page 53: OST Project References and Bios Sept16

OST Energy

September 2016 53

3 OST US Team

Summary biographies of key US team members are presented below:

Daniel Farmer

Director, OST Americas

Daniel has over 30 years of engineering experience supporting large and complex projects

around the globe in the areas of Chemicals and Plastics, Water and Wastewater, Automotive,

Petrochemical, Food/Beverage, Pharmaceuticals, Manufacturing, and Energy.

Daniel first supported Solar PV in 1988 and has more recently focused on Utility-Scale Solar PV

which he has contributed to over 8,000MW of projects. Daniel has also supported fossil fuel,

landfill gas, and biofuel generation projects in excess of 4,000MW. He has assisted developers,

investors and lenders with technology reviews, contract negotiations, technical specification

development, RFP process management, technical due diligence, site evaluation and selection,

facility design, facility construction monitoring and PV facility commissioning. Daniel developed

and established the foremost Solar PV construction monitoring service practices in the industry,

supporting the design, construction and commissioning or some of the largest as well as first-of-

their-kind facilities globally. In 2014, Daniel joined OST Energy and established their Americas

business unit, which has, to date, provided engineering support to over 2,000MW of solar PV

projects, working with some of the largest Utilities, Developers, and IPP’s.

Sion Haswell

Principal Consultant

Independent Engineering Services Manager

Sion holds an MSc in Sustainable Energy Systems and a BSc in Environmental Risk

Management. He has worked as a consultant advising on project and transactional risks in the

energy and environment sector for over 9 years. Sion has extensive experience advising lenders,

investors and developers on over 250 PV and solar thermal projects totalling more than 2GW of

Page 54: OST Project References and Bios Sept16

OST Energy

September 2016 54

generation capacity in the UK, Europe, Africa, Asia, Australia, the Americas and the South

Pacific. Sion’s expertise extends to solar plant design, modelling and testing, irradiation resource

assessment and yield study, contractual negotiation, permitting, technology review and site

assessment and auditing.

Alfonso Tovar

Country Manager - Mexico

Alfonso has over ten years of engineering and business experience in the solar industry. He has

expertise in PV systems from green-field development and proposal stage, to project execution

and commission. Core competencies include business and project development, project

management, economic analysis of PV projects, solar policy assessment, project costs, analysis,

planning and design of large-scale PV systems, solar constriction management, performance

analysis, and technical evaluation of solar technologies. Alfonso lives and works in Mexico City

and is fluent in both Spanish and English. He is skilled in communicating investment opportunities

as well as project development progress, report findings and technical topics to investors,

developers, management, colleagues, and public audiences.

Mike Buday

Senior Consultant

Mike has worked in the solar industry for nearly a decade, most recently as a Project Manager

and Construction Monitoring Specialist for utility-scale PV projects after several years of supporting

the sale, permitting, design, installation and interconnection of residential rooftop systems. He

has also taught renewable energy courses and conducted PV performance testing for a thin-film

manufacturer. Buday holds dual masters’ in Sustainable Systems and Business Administration

as well as a BS in Management Information Systems.

Page 55: OST Project References and Bios Sept16

OST Energy

September 2016 55

Dr John Thomas, P.E.

Senior Electrical and Civil Engineer

John is a licensed Professional Civil Engineer (in California) with an MS in Electrical Engineering

specializing in substation design with 23 years of experience in engineering, construction, and

construction management. His experience includes renewable energy construction, project

management, high voltage transmission and substation construction, cellular telecommunications

systems installation, inspection, and site surveying, working both at international consultancies,

EPCs. His publications include guidelines on design, installation and inspections of sub stations

and civil works, fields in which he has contributed expertise to airport and space program

development.

Josh Berkow, P.E.

Principal Power Systems Engineer

Josh is a Professional Electrical Engineer with 9 years’ experience in planning, developing,

designing, project managing, procuring, cost estimating, and constructing wind plants, solar PV

plants, battery storage systems, and substations. His background includes experience both at

Independent Power Producers, Utility Consultants, and Research Laboratories giving him a

broad base to draw upon and a feel for the big-picture. With respect to substations, he has

competency in both the physical and protection & control design and has executed multiple

projects under EPC contracts. Josh has worked with renewable energy, natural gas plant, and

transmission line developers to analyze the transmission system and identify points of

interconnect that minimize cost and maximize reliability. He has acted as project manager or

consulting engineer on 50 substations, 100 miles of transmission line, 120MW of energy storage,

100MW of solar PV, 500MW of onshore and offshore wind, and 3GW of natural gas combined

cycle. Project experience is primarily in the United States applying codes from the NEC, ANSI,

IEEE, and NETA.

Prior to joining OST, Josh worked as in-house engineer for developers of wind, solar, energy

storage, and coal gasification projects. In his role as project developer he gained core competency

in generator interconnection, power purchase agreements, site development, environmental

Page 56: OST Project References and Bios Sept16

OST Energy

September 2016 56

studies, public regulatory review, brownfield redevelopment, construction on closed landfills,

and geospatial constraints analysis.

Dr Ghassan Sudani, P.E.

Senior Structural Engineer

Dr. Sudani is a Professional Civil / Structural and Geotechnical Engineer of 15 years’ experience

with managerial skills gained through several years of working in diverse projects. He is the

Owner's and Independent Engineering Manager and Consultant for solar PV power projects and

renewable energy on over 40 solar projects in the Americas. He has Bachelor's, Master's, and

Doctorate Degrees in Civil, Geotechnical, and Structural Engineering. He is a Licensed

Professional Engineer P.E. in USA. He is also proficient in finite element analysis, expert in

designing economical projects, and experienced in retrofitting and upgrading existing structures

contributing to design improvements resulting millions of dollars time and material efficiency

savings.

Nathan Matthyse

Senior Electrical Engineer

Nathan is experienced in all areas of Electrical Design, Construction and Commissioning

associated with Power Generating facilities with a primary focus in Aux. Power Design, creation of

One-lines, Three-lines, Relaying, Schematic and Wiring Diagrams, as well as commissioning and

construction management. Experiences include Renewables (primarily solar PV), Combined cycles,

Simple Cycles, Coal, and Nuclear Power Generation with additional experience in AQCS projects

consisting of both dry and wet scrubber systems. Nathan has contributed in over 5 GW of new

power generation, has been active in existing plant modifications to allow more than 5.5 GW of

generation to remain operational and completed more than 1 GW of Owners and Independent

Engineering on numerous projects. Project experience is primarily in Canada, United States and

Mexico but have completed projects outside of North America. Also efficient in code / standard

compliance with the National Electric Code (NEC), Canadian Electric Code (CEC), American

Page 57: OST Project References and Bios Sept16

OST Energy

September 2016 57

National Standards Institute (ANSI), Institute of Electrical and Electronics Engineers Standards

(IEEE), and InterNational Electrical Testing Association (NETA).

Luis Velazquez

Civil Engineer

Luis has 3 years of technical advisor experience in the construction sector and has expertise in

project management and renewable energies. He is a specialist in structures, PV plants, climate

change, and efficient use of water. His experience includes construction management of large

Central American and U.K. PV plant portfolios to design, build and construction monitoring of PV

systems in these same regions. Luis is based in Honduras and he is fluent in both Spanish and

English.

Jay Marx

Construction Manager

Jay is an experienced project and construction management professional with over 20 years’

experience including more than 10 in the renewable energy industry. He has been engaged on

over 750MW of solar PV projects. He has acted as Director of Operations for a residential &

commercial rooftop solar company, which installed over 35 megawatts of solar in the company’s

first year of operation, an engineering design firm and manufacturer of solar photovoltaic racking

and foundation solutions servicing the solar industry.

Jay’s strong background in project/construction management includes working with zoning,

permitting, civil, structural, mechanical and electrical development, while managing liaison with the

local regulatory authorities and the electrical network operators. He has completed projects in a

timely manner for companies such as SunEdison and SunEnergy1.

As part of the OST team, Jay has been involved in all aspects of projects from the initial company

and technical reviews, site assessments, reporting and contract reviews through to site

inspections and provisional acceptance activities. Construction Management and Monitoring has

Page 58: OST Project References and Bios Sept16

OST Energy

September 2016 58

included all aspects from Civil works preparation through equipment installation, T&D pole and

line installation as well as monitoring substation upgrades and PV facility tie-in work.

Scott Farmer

Construction/Commissioning Monitor

Scott has over 20 years’ experience performing start-up, commissioning, troubleshooting and

repair of low and medium voltage electrical infrastructure including switchgear, factory automation

systems and industrial instrumentation. Since joining OST he has been responsible for inspection,

diagnosis, punch listing and construction project management support of over 250MW of PV and

battery storage capacity in the US and Europe.

Page 59: OST Project References and Bios Sept16

OST Energy

September 2016 59

4 Recent Clients

A number of our recent and historic clients are shown in the figure below.

Figure 3: Selected Clients

Page 60: OST Project References and Bios Sept16

OST Energy

September 2016 60

OST Energy France

30 bis, Rue du Vieil Abreuvoir

78100 Saint-Germain-en-Laye

France

+33 1 8358 18 87

[email protected]

OST Italia S.r.l.

Via Ugo Bassi, 7

20159 Milano

Italy

+39 02 4539 1280

[email protected]

OST Energy Asia Pacific

Suite 126, 117 Old Pittwater Road

Brookvale, NSW 2100

Australia

+61 488 065151

[email protected]

OST Energy Pvt. Ltd.

7th Floor, Infinity Tower-B

DLF Cyber City, Gurgaon

122 002, India

+91 124 4537800

[email protected]

OST Energy Africa (Pty) Ltd.

Conescan Office Suite 1

6th Floor, 79 Roeland Street

Cape Town, South Africa

+27 (0)71 639 4462

[email protected]

OST Energy North America

705 S. Main Street, Suite 260

Plymouth, MI 48170

USA

+1 734 634 4088

[email protected]

OST Energy Ltd.

2nd Floor Offices

Nile House, Nile Street

Brighton, BN1 1HW, UK

+44 (0)1273 819 429

[email protected]

Brighton Cape Town Delhi Detroit London Milan Paris Santiago São Paulo Sydney