Hong Miao - CTI-PFAN Connecting Clean Energy Businesses With Financing

8/6/2019 Hong Miao - CTI-PFAN Connecting Clean Energy Businesses With Financing

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CTI-PFAN:Connecting Clean Energy Businesses

with Financing

June 23, 2011

Asia Clean Energy Forum, Manila

Hong MIAO, PFAN China Country Coordinator


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Clean Energy In China By 2009, RE accounted for 8.3% of primary

energy supply (258 Mtce)

Hydro power installed capacity: 200GW

Wind installed capacity:25GW

Solar PV module production capacity:4GW

SWH installed 145million m2

By 2010, energy consumption per unit GDPdecreased 19.6% from 2005


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Clean Energy Investment Demand By 2020, clean energy should meet ~15% of total

energy demand

New clear power: Wind:120-150GW

Solar power: 20-30GW

Hydro: 400GW

Energy consumption: decreased 45% of 2005

Energy conserved target: > 1 billion tce

Investment demand: RMB 2-3 trillion


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Clean Energy FinancingCharacteristics

Investors chasing rapidly growing new

businesses and mature businesses EPC, EMC, and ESCO just becoming popular

Financing volume small

Equity to business is popular

Lack of communication and connection between

small-medium projects developers and investors


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Progress of PFAN 2009-2011-China More than 70 projects/businesses mentored

22 of which got one-one mentoring service

7 individuals projects/businesses got financialclosure;

PFAN facilitated initiation of ADB Hebei EE

Improvement and Emission Reduction Project ($100

million revolving loan fund for industrial EE)


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PROJECTS PER COUNTRY

Cambodia 1

China 7India 2

Indonesia 4

Philippines 6

Thailand 1TOTAL 21

INVESTMENT BY CUNTRY

Cambodia 2.5

China 41.6

India 9.2

Indonesia 88.2

Philippines 123.13

Thailand 10

TOTAL 247.6

TECHNOLOGY DISTRIBUTION

Biogas 6

Biomass 5

Hydro 3

Energy Efficiency 5

EV 1Solar PV 1

TOTAL 21


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PFAN China Activities

--- Mentoring Workshop


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PFAN China Activities

--- Preparatory Workshop


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PFAN China Activities--- PFAN Forum


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PFAN China Activities--- Team Buildings & Innovations


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Nanjing Longterm Project :

Tianjin Shuangkou 1MW Landfill Gas Power Station---raised USD1.6 m

-Generation module

-Gas collection station


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Changzhou Micro EV---

raised US$ 15 m


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13

Nobao Renewable Energy Holdings

Limited---raised US$ 10m

-20

-25

- 10

-80

-2.5-2

-2

-2.5 -20

-18


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Experiences & Lessons learned PFAN has become popular, attracting more

businesses/projects and investor partners;

Trust and credibility is important: developing relationships

with entrepreneurs and helping them develop theirbusiness plans---Growing up with entrepreneurs;

Mentoring/forum/deal flow is not enough;

Mentored finalists may not accepted by investors;

Need for access to angel funds and also missing early

stage funds.


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Main Findings & Following Up PFPFAN China has strong core team members;

Network & pipeline of clean energy projects/businesses;

Professional partners;

Closer/commitment relationship with investors;

Advantage of regional/global network;

Roader -- more than just financing;

Sustainable!

Phase 1 of PFAN is closing, PFAN network is being

maintained until phase two, later in 2011.


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Thank you!Hong MIAO

PFAN China Country Coordinator

Email: [email protected]; [email protected]

Mobile phone: 0086 13801107522

Documents

Hong Miao - CTI-PFAN Connecting Clean Energy Businesses With Financing