Project plans in South-East Europe
The community in the target region pays for their own energy consumption for public buildings and street lighting depending on the time of year, with energy prices of at least 10 cents per kWh.
Due to the current liberalisation of the local energy market, the community will soon satisfy at least 30% of their energy needs from wind and solar power in the long term from the QREON system solution as per the already negotiated power purchase agreement (PPA) thanks to the leveraged QREON system solution – from the region, for the region. In order to optimise this way of covering modern energy needs, QREON has also integrated an energy store so that the community will still get wind and solar power at night when conditions are calm.
The approval procedure is currently going through an experienced project developer, and the shipment and construction is planned for the third quarter of 2020.
Project preparation in South-East Asia
The region in question is currently having to deal with daily power outages in the medium-voltage network as the peak loads responsible for this in the early evening hours cannot be compensated by the energy provider. The decentralised hybrid power plant system from QREON will compensate for frequency fluctuations in the public power grid and thanks to the fully integrated energy store peak loads will be drastically reduced. The site enjoys excellent wind conditions and intense insolation throughout the entire year. Due to the region’s topography, pump storage hydroelectric power plants cannot be used as the regional energy store.
Analysis of the current situation, definition of suitable locations for integrating the QREON system solution in order to stabilise the grid so that the country can benefit from sustainable economic development based on renewable energies.
Currently, preparations are in place for constructing the first QREON system units.
1st development phase 2019–2021
After a one-year test and evaluation phase comes large-scale application:
2nd development phase 2021–2025
Project initiation in South America
The majority of economic power in the region is wielded for the costly import of conventional energy sources. At the same time, the sensitive ecosystem is being damaged by pollutants and noise produced by the widely used diesel units.
Plans for QREON wind turbines to compensate for the need to clear the forests in the nature reserve. This is made possible thanks to the relatively transportable components of the QREON lattice towers (in conventional containers directly to the construction site) and wind turbine blades that are installed using special lifting devices and transported to the high, forested sites even over narrow winding roads. QREON’s system solution will provide the region with power, even in isolated operation if desired, and substitute diesel fuel for wind and sun. In addition, QREON’s highly efficient photovoltaic units will be installed on roofs and surfaces that have already been sealed off. A return of investment for this innovative project is expected after 7 years.
2020–2021, on the basis of export financing from Germany for the system “Made in Germany”. Later, the system will be implemented by energy providers who will receive training from QREON.
Project development in North America
The client’s industrial facility runs up enormous energy bills in ongoing shift operation.
The regional energy provider is offering the company contracting financing for the QREON system solution. The electricity customer bears no financing costs and pays no more energy bills over a period of 15 years, but rather monthly rates directly to the bank providing the funding. After the 15 years is up, the QREON hybrid power plant will then come into the possession of the industrial company, but the regional energy provider will not lose their regular customer and will provide the balancing energy in the northern latitudes when neither wind nor intense insolation occurs for days on end during harsh winter conditions. It is a model that suits everyone, as even the bank runs minimal credit risk, and the industrial client constantly produces clean energy for its shift operation.
2021, based on current comprehensive due diligence with regard to technology, economic viability, approvability and financing. From mid-2019 to the end of 2020 is the approval process, then within 5 months delivery, construction and commissioning until mid-2021.