Norsk Solar Direct PPA in Vietnam

-Confidential-
NV GROUP
Based in Norway – global reach NV Group structure

Established in 1996 and represents the largest privately held NV Group

renewable energy company in Norway, as well as a rapidly increasing
Norsk Vind
portfolio of companies that supports and builds upon our vision and Norsk Solar
Energi
NV Cap R&D
relentless focus on sustainability and renewable energy Energy Energy Project finance R&D

IPP with focus on IPP with focus on Financing body Technology

solar PV of C&I wind utility scale providing equity companies
and utility scale projects globally. for Norsk Vind developing next
projects globally. Energi and Norsk generation
Solar energy technologies
projects. within renewables,
electronics,
robotics, nano
Featured clients technology and
aquaculture.
NV GROUP

Financial Background Markets

2018 Group financials:

• Revenue: US$ 39,1 mio
• Group equity: US$ 52,95 mio
• Balance sheet: US$ 55,15 mio

Track record Norway

Norway Germany:
Germany: South Africa:
South Africa: Nicaragua
HQ Business
Business development Business development Project office
development and
and engineering development
and and
engineering
engineering engineering
+20 years 860+ MW 2+ GW
Track record Commissioned Pipeline India Ukraine Sri Lanka Vietnam
Business development Business development Project office Partner office -
and EPC Indochina Energy
Partners
DPPA IN VIETNAM

Competitive advantages

Solid experience in DPPAs worldwide

Proven engineering capability in Solar and Wind

Strong balance sheet

Excellent financing track-record

World-wide reach

Active presence in Vietnam

DPPA IN VIETNAM

Appetite for DPPA in Vietnam

2-3 projects Top tier counterparts

10-100 MW per
Wind or PV solar
contract
FEEDBACK TO CURRENT MODEL

CfD model
A CfD model is fine as we have experience with this model

Trading
Trading against the wholesale market is fine

Cost recovery
A tariff of about 1.3 UScent/kWh is acceptable

Geography
We need high degree of geographic freedom between production and consumption

Tax incentive We have no special requirements for tax incentives apart from what is normally
granted to RE projects

Dispatch
Priority dispatch on wholesale market

Timetable Priority should be given to time efficiency, meaning the framework to be agreed and
finalised in the soonest time

Contract
Contract between off-taker and electricity generator must be freely negotiated
For more information, please contact

Thomas Jakobsen
Regional Business Development – Southeast Asia

Email: tj@norsksolar.com
Mobile: +84 903 75 75 65