This presentation outlines the benefits of solar photovoltaic energy and financial analysis of solar installations. It introduces AVACOS Solar, which provides renewable energy solutions, and discusses solar technology, applications, efficiency and the Ontario Power Authority's FIT program. Financial analysis shows paybacks of 7-8 years for various system sizes. New roof coating technology can further improve efficiency.
3. Presentation Outline
Section I: Introduction to AVACOS Solar
Section II: Introduction to Solar Technology: An Overview
Section III: Solar Potential in Design
Section IV: Financial Analysis
Section V: New Technology in Roof Top Efficiency
4. Project Objective
The objective of this presentation is to demonstrate the economical
benefits associated to the environmental investment of Going Solar.
5. Project Benefits
Generate Revenue by Selling Power Back to the electrical grid.
Create Power Independence by Producing Your Own Electricity.
Become a Power Provider. Manage and Control Future Electricity Costs.
Realize Profit From a New “Rooftop Square Footage” Income Model.
6. Independently-owned Business
Incorporate a Client-based Business Approach
Based in Ontario and Operates Internationally
Strategic Relationships with International Manufactures
Reputable Synergies with Professional Installers
Credible Relationships with Debt and Equity Partners
Offers an Extensive Array of Services
Introduction to AVACOS Solar
7. About AVACOS Solar
AVACOS RE Group is a leading Renewable Energy developer in Canada. We possess proven expertise
in designing, building, and managing small and large-scale Renewable Energy power projects in Ontario,
primarily solar photovoltaic. Our customers become leaders in green energy production by use of our
innovative technologies and solutions.
With successful solar projects in operation, AVACOS Solar (our PV division) is on the cutting edge of green
technologies. We are constantly looking for newer and improved technologies to increase the efficiency and
effectiveness of our products, and to provide our customers with better service.
8. AVACOS Solar Corporate Profile
AVACOS Solar is a one-hundred percent Canadian owned company founded in 2007, offering complete
renewable energy power solutions. AVACOS Solar specializes in developing client-based, grid-connected,
commercial solar power generation facilities.
Our mission is to meet the growing demand for renewable energy by offering
our customers viable energy solutions.
We seek synergies that stimulate emerging renewable energy technology partnerships to empower our
customers. Our goal is to be internationally recognized as an industry leader in bringing alternative energy
solutions to market.
9. From Concept to Completion
Power System Services:
•
Feasibility Studies
Financial & Customer Proposal Presentations
Technology & Project Assessments
Applications & Approvals
System Design & Engineering
Product Documentations and Certifications
Power System Connection Impact Assessments (CIA's)
Installation, Commissioning, Quality Control and Supervision
Facility Monitoring & Power System Maintenance
10. Introduction to Solar Technology
Photovoltaic Electricity is a process whereby sunlight is converted directly into direct current
(DC) electricity in a solar cell that is typically based on Silicon. Solar cells are manufactured into
solar modules, which are then constructed into arrays. Solar arrays feed direct current electricity
to an inverter that connects the array to the utility grid via the building’s electrical system.
Solar arrays are commonly located on building rooftops and they are ideal for integration into
building designs, where multiple benefits may be attained through solar Photovoltaic deployment,
such as integration with day lighting strategies. Solar Energy is the most reliable electricity
source available and the Operations & Maintenance costs are negligible as compared with all
other electrical generation systems.
11. Life Expectancy
Service life estimate of photovoltaic arrays is generally taken to be 30 years, although they will
continue to operate well beyond. Outright failure is rare, even at extreme age; it is the degradation
of power generation that renders the products less usable over time. Annual output reduction is in
the order of 0.5 to 0.75%.
The Photovoltaic modules generally carry warranties of 25 years and the power inverters are
generally warranted at 10 years, with available warranty extensions that can be purchased at time
of system order.
Since there are no moving parts, solar Photovoltaic systems are not subject to wear and tear as
would be typically associated with other types of generation systems.
photovoltaic modules can be recycled at the end of their useful life.
12. Photovoltaic modules employ layers of micro-fine crystalline silicon to convert ordinary
sunlight into small electrical charges. To explain the photovoltaic solar panel more
simply, photons from sunlight knock electrons into a higher state of energy, creating
electricity. The term photovoltaic refers a photodiode in which current through the
device is generated by light energy. Virtually all photovoltaic devices are some type of
photodiode. Solar cells produce direct current electricity from light, which can be used
to power equipment or distribute to the electrical grid.
Solar photovoltaic power systems are categorized into three types.
Autonomous Power Systems - non-electrified areas
Hybrid Power Systems - wind, solar, hydro, etc.
Grid-Connected Power Systems
– Static / Adjustable Ground/Rooftop Mounted Arrays
– Single-Axis Horizontal Tracking Arrays
– Dual-Axis Tracking Arrays
Photovoltaic Electricity Overview
13. Photovoltaic Efficiency
Photovoltaic systems operate by collecting daylight, both direct sunlight and diffuse daylight, and
across a broad light spectrum. For our purposes, regarding deployment on this property, efficiency is
probably best considered as being the power able to be generated (in rated peak kilowatts) in a given
amount of space. Operationally, the electrical energy yield of Photovoltaic will vary depending on numerous
factors including ambient and solar cell temperature, tilt angle, ventilation and shading from obstructions,
etc.
Careful project design is imperative in order to attain optimum operational efficiency.
14. Benefits of Solar Photovoltaic Energy
Solar Systems offer many advantages:
Clean, efficient, safe, and sustainable
Highly reliable and operate cost-effectively
Require little maintenance, when compared to other generation sources
They are flexible and can be expanded at any time
Requires little lead time, solar facilities can be up and operational in under a year
No additional fuel cost
Operating expectancy of 25 to 30 years
15. Environmental Benefits
Photovoltaic systems can significantly reduce the carbon footprint of
businesses and cities.
Greenhouse gas emissions reductions can be calculated as greater than the
offset created merely by the generation of electricity. 1kW of electricity represents
approximately 250 tonnes of CO2 offset over the life of the system, depending on the
final nameplate rating chosen.
For example, a proposed photovoltaic project size stated at 250 kilowatt peak will
provide for approximately 62,500 tonnes of CO2 offset over the life of the system,
depending on the final nameplate rating chosen.
16. Energy Payback
Typical silicon solar Photovoltaic modules will achieve an energy break-even in 3-4 years. The
total embodied energy in the product from its manufacture will be returned about 10 times over
its operational life. An important goal in the design of a photovoltaic project is to optimize the
ancillary systems required to mount the solar modules to the building so as to maintain the
greatest net energy return.
The energy payback time for a well-designed Photovoltaic system today can be in the range of
6 to 9 years.
27. Ontario Power Authority (OPA)
(FIT) Feed In Tarrif Program
Ontario was the first jurisdiction in North America to adopt a European styled program to stimulate
investment in photovoltaic installations and other renewable generation technologies including wind.
This program provides for the signing of a 20 year contract with the Government of Ontario, whereby the
contract guarantees a fixed amount payable per kilowatt-hour generated from the renewable energy project.
Controlled and paid by the Ontario Power Authority.
With the advent of the program, the economics of a commercial photovoltaic system purchase in Ontario
have been improved by a factor of four.
Proposed OPA’s FIT rates for Photovoltaic Electricity production
≤ 10kW @ 80.2 cents /kWh 10 - 250kW @ 71.3 250 - 500kW @ 63.5 ≥ 500 kW @ 53.9
Ground mounted field applications ≤ 10MW @ 44.3 cents per kWh
28. Project Payback
While photovoltaic systems have a significant capital cost, they offer negligible operating costs as well as
potential savings in building or brown field costs depending on how they are deployed. It is important to
understand that, as compared to buying electricity from traditional sources, the capital cost of a photovoltaic
system inherently includes 30 years of electricity cost savings.
Return On Investment with large commercial photovoltaic installations is nearing the 6-9 year timeframe,
taking into account available Federal and Provincial programs and incentives.
Paybacks can be improved further by designing the photovoltaic system to optimize client’s financial goals
and to facilitate either building or brown field integration of such power systems.
30. 10 kW Roof-mount system RESOP F.I.T rate 80.2 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$9.98 $99,800.00 16191.00 $12,985.18 7.69 13.01%
A 10 kilowatt hour system will provide for approximately 2500 tonnes of CO2 offset over the life of the system
Total inclome based on the10 kW / OPA 20 year contract: $259,703.64
20 kW Roof-mount system RESOP F.I.T rate 71.3 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$9.62 $192,400.00 32382.00 $23,088.37 8.33 12.00%
A 20 kilowatt hour system will provide for approximately 5000 tonnes of CO2 offset over the life of the system
Total inclome based on the 20 kW / OPA 20 year contract: $461,767.32
31. 30 kW Roof-mount system RESOP F.I.T rate 71.3 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$9.58 $287,400.00 48573.00 $34,632.55 8.30 12.05%
A 30 kilowatt hour system will provide for approximately 7500 tonnes of CO2 offset over the life of the system
Total inclome based on the 30 kW / OPA 20 year contract: $692,650.98
50 kW Roof-mount system RESOP F.I.T rate 71.3 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$9.24 $462,166.53 80958.00 $57,723.05 8.01 12.49%
A 50 kilowatt hour system will provide for approximately 12,500 tonnes of CO2 offset over the life of the system
Total inclome based on the 50 kW / OPA 20 year contract: $1,154,461.08
32. 100 kW Roofmount system RESOP F.I.T rate 71.3 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$8.59 $859,094.26 148761.00 $106,066.59 8.10 12.35%
A 100 kilowatt hour system will provide for approximately 25,000 tonnes of CO2 offset over the life of the system
Total inclome based on the 100 kW / OPA 20 year contract: $2,121,331.86
250 kW Roofmount system RESOP F.I.T rate 63.5 cents / kWh (20 yr. Contract with OPA)
Cost / Watt total system Est. Annual Est. Annual Est. Payback Investment
cost (kWh) Generation Revenue Term (yrs) ROI Rate of Return IRR
$8.34 $2,084,900.51 402500.00 $255,587.50 8.16 12.26%
A 100 kilowatt hour system will provide for approximately 25,000 tonnes of CO2 offset over the life of the system
Total inclome based on the 250 kW / OPA 20 year contract: $5,111,750.00
33. Federal Capital Cost Allowance Acceleration
The Federal Capital Cost Allowance Acceleration (CCA)
The tax act includes Class 43.2, Schedule II that allows photovoltaic generating assets
to be written off at an accelerate rate of 50% per annum (declining balance calculation
method), thereby serving to speed the time to photovoltaic project breakeven.
43. PRODUCT DESCRIPTION
DuROCK TIO-COAT is a bright white, polyurethane modified acrylic elastomeric coating.
It is developed for use over existing asphaltic roof coatings in residential, commercial and industrial
applications.
DuROCK TIO-COAT forms a protective barrier that expands and contracts with varying temperatures.
DuROCK TIO-COAT forms a weather resistant membrane that reflects the sun’s heat which reduces the
interior temperature of buildings.
The dirt pick-up resistance technology of the acrylic polymer enhances the reflective properties of the
membrane.
DuROCK TIO-COAT is an easy to apply roof coating that offers years of durable protection.
44. BENEFITS OF ELASTOMERIC ROOF COATINGS
There are many benefits to using DuROCK TIO-COAT Elastomeric Roof Coating.
The product applies to a smooth, clean and uniform appearance.
It protects the roofing from UV degradation but most importantly it has high reflectivity for energy savings.
DuROCK TIO-COAT also has high adhesion to existing asphaltic roof coatings.
45. APPLICATION
Before application ensure surface is clean and free of debris, dirt, mildew, chalk and degraded
roofing membrane.
The surface must be dry and free of all moisture. It is not recommended to thin product.
Do not apply when temperatures are below 7ºC (45ºF).
Do not apply when coating will be subjected to rain or heavy dew before it has had enough time to
dry.
Temperature and humidity conditions will affect drying time.
DuROCK TiOCoat Elastomeric Roof Coating can be applied by brush, roller or spray gun (confirm
sprayer gun and tip size with DuROCK representative).
Apply coating uniformly ensuring entire surface is coated. Wait 12 hours before applying second
coat.
DuROCK TiOCoat Elastomeric Roof Coating is available in 19L (5 gallon) pails.
The weight per pail is 24kg (53lb) covering approximately 350ft2 at a dry film thickness of 10 mil.
For the complete specification please consult your DuROCK representative.
47. Contact Us
Sandro Costa
AVACOS Solar Energy
sandro.costa@AVACOS.ca
Direct (416) 302 5931
Steven Costa
AVACOS Solar Energy
steve.costa@AVACOS.ca
Direct (416) 567 2502
21 John Frank Road, Vaughan, ON, Canada L4L 0A5
www.AVACOS.ca
