Masterclass & Networking Program
Green Project Financing
in Solar and Hydro Power
13 - 14 November, 2023
Pullman Thamrin Hotel, Jakarta
BACKGROUND AND
CONTEXT
The global shift to net zero carbon emissions demands a new industrial revolution, requiring trillions in sustainable investments. That’s where banks have an important role to play as climate partners, channeling funds for green projects such as solar and hydropower.
In that spirit, numerous banks adopt a learning-by-doing approach to begin building portfolios dedicated to financing green projects towards their net-zero commitments. What is needed fundamentally is to equip the pertinent departments within financing institutions with the necessary knowledge, gleaned from exemplary and best practices and the expertise to assess critical risks and mitigate them effectively. This empowers these institutions to make well informed investment choices in the environmentally sustainable sectors.
Energy Academy Indonesia (ECADIN)’s and partners’ commitment to fostering knowledge and expertise in sustainable energy and finance is exemplified through Masterclass and Networking Program “Green Project Financing in Solar and Hydro Power”. We recognize the need for hands-on training and networking opportunities to address the growing demand for sustainable solutions through the sectors. This program embodies our dedication to empowering financing institutions in Indonesia to drive positive changes in the energy and finance sectors.
OBJECTIVES
The program’ primary goal is to facilitate the exchange of knowlede and practices among participants and experts, helping national financing institutions equipped with:
- Necessary knowledge on the latest trends and advancements in technology, business and regulation,
- Insights from practices and skills to evaluate key risks and mitigate them effectively, enabling the institutions to make informed investments decisions in solar and hydropower.
In particular, this program is designed for professionals working in financial institutions from any backgrounds & experiences, who are interested in understanding key value chains, main systems and infrastructure, risk allocation at each project development stage, regulatory compliance, and financial modeling specific to solar and hydropower projects. By the end of the course, participants will be equipped with the knowledge to evaluate, structure, and finance solar and hydropower projects.
PARTICIPANTS AND
PROGRAM FORMAT
60 employees at relevant divisions (corporate banking, risk management, ESG, compliance and legal, etc) of national banks.
The program will follow a workshop format, incorporating case histories and practical examples to illustrate key learning points. Ample opportunities for hands-on learning will be provided for discussion and sharing experiences to ensure understanding of the material.
RUNDOWN
DAY 1 | MONDAY, 13 NOVEMBER 2023
Registration
08.00 – 08.30
Opening Remarks
08.30 – 08.45
- Desti Alkano, Ph.D.
Founder and CEO at ECADIN
Green financing trends and landscape
08.45 – 09.15
- Eri Budiono
Former Head of Commercial Banking at HSBC and
Former Director at Maybank and Rabobank Indonesia
Hydro power system and project development
09.15 – 10.15
- Hydropower systems and main components | Brief overview on hydropower types, main components used in systems, and its value chain in Indonesia
- Overview on hydropower resource assessment | Brief overview on key aspects considered in hydropower resource assessment and its importance in ensuring the sound of the project.
- Grid integration | Brief overview on key aspects that need to be considered in integrating hydropower systems to the grid (including connection infrastructure, compatibility, and stability & reliability)
Nasri Sebayang
ECADIN Senior Partner, Former Director at PT PLN (Persero)
Coffee Break
10.15 – 10.30
Key risks allocation at each stage of hydropower project development
10.30 – 11.30
- Key risks at baseline study
- Key risks at feasibility stage
- Key risks at design & engineering stage
- Key risks at construction stage
- Key risks at commissioning & testing stage
- Key risks at operation & maintenance stage
- Key risks at decommissioning & closure stage
Nasri Sebayang
ECADIN Senior Partner, Former Director at PT PLN (Persero)
Case histories and studies on developing hydro power projects
11.30 – 12.30
Real case studies of hydro projects in Indonesia, from project initilization phase, PPA, financial closing, to commissioning and operations. Includes: valuable lessons learned, to allow a holistic view of challenges and success factors.
Nasri Sebayang
ECADIN Senior Partner, Former Director at PT PLN (Persero)
Lunch break & networking
12.30 – 13.30
Solar power value chain and project development
Key value chain of solar cell panel and PV module manufacturing; Overview on the upstream side of the solar energy business (i.e. the PV module technology) – especially on the commercial and market perspective and recent announcement of the local factory set-up in supporting local content (TKDN) for Solar PV
13.30 – 14.00
Trina Solar Asia Pacific
Solar power systems | Brief overview on the key components and types of solar power systems
Grid integration | Key aspects of grid integration and current and emerging market opportunities for solar PV including integrations such as energy storage
14.00 – 14.40
Refi Kunaefi
Managing Director at Akuo Energy Indonesia
Key risks allocation at each stage of solar power project development
14.40 – 15.30
Case Studies
- Key risks at baseline study
- Key risks at feasibility stage
- Key risks at design & engineering stage
- Key risks at construction stage
- Key risks at commissioning & testing stage
- Key risks at operation & maintenance stage
- Key risks at decommissioning & closure stage
Refi Kunaefi
Managing Director at Akuo Energy Indonesia
Case histories and studies on developing solar power projects
15.30 – 16.30
Real case studies of solar power projects in Indonesia, from project initilization phase, PPA, financial closing, to commissioning and operations. Includes: valuable lessons learned, to allow a holistic view of challenges and success factors.
Refi Kunaefi
Managing Director at Akuo Energy Indonesia
Afternoon coffee and networking
16.30 – 17.00
DAY 2 | TUESDAY, 14 NOVEMBER 2023
Registration
08.30 – 09.00
Opening Remarks
09.00 – 09.15
- Desti Alkano, Ph.D.
Founder and CEO at ECADIN
Key considerations from lenders’ perspective in solar and hydropower projects
09.15 – 09.45
European Development Finance Institutions
Overview on financial modelling for solar and hydropower projects
09.45 – 10.15
Nasri Sebayang
ECADIN Senior Partner, Former Director at PT PLN (Persero)
Coffee Break
10.15 – 10.30
Business schemes and PLN’s expansion plans
10.30 – 12.00
- Build Own Operate
- Build Own Operate Transfer
- Pricing and tariff design
- PLN’s upcoming solar and hydropower projects (RUPTL)
- IPP tender process
Zainal Arifin
EVP of Renewables, PT PLN (Persero)
Lunch break & networking
12.00 – 13.30
Regulations and permits
13.30 – 14.30
- Primary permits required to construct, commission and operate utility-scale renewable energy facilities, particularly solar and hydropower facilities
- Local content requirements
- Benchmarking on renewable regulations in other countries (in South East Asia)
Andriah Feby Misna
Director of Renewables, Ministry of Energy and Mineral Resources
Power Purchase Agreement
14.30 – 16.00
- Process flow to deal PPA contract
- Main clauses in PPA contract
- PPA risk assessment and valuation
- Main terms of agreement and arrangements (including operations, maintenance, billing, payment, insurance, dispute resolution arrangements)
- Force majeure
Kirana Sastrawijaya
UMBRA Senior Partner
Closing remarks & doorprize annoucement
16.00 – 16.15
Candra Sri Sutama
COO at ECADIN
Key learning points
⦾
Green financing trends and landscape
⦾
Hydro power system and project development
- Hydropower systems and main components | Brief overview on hydropower types, main components used in systems, and its value chain in Indonesia
- Overview on hydropower resource assessment | Brief overview on key aspects considered in hydropower resource assessment and its importance in ensuring the sound of the project.
- Grid integration | Brief overview on key aspects that need to be considered in integrating hydropower systems to the grid (including connection infrastructure, compatibility, and stability & reliability)
⦾
Key risks allocation at each stage of hydropower project development
- Key risks at baseline study
- Key risks at feasibility stage
- Key risks at design & engineering stage
- Key risks at construction stage
- Key risks at commissioning & testing stage
- Key risks at operation & maintenance stage
- Key risks at decommissioning & closure stage
⦾
Case histories and studies on developing hydro power projects
Real case studies of hydro projects in Indonesia, from project initilization phase, PPA, financial closing, to commissioning and operations. Includes: valuable lessons learned, to allow a holistic view of challenges and success factors.
⦾
Solar power value chain and project development
Key value chain of solar cell panel and PV module manufacturing; Overview on the upstream side of the solar energy business (i.e. the PV module technology) – especially on the commercial and market perspective and recent announcement of the local factory set-up in supporting local content (TKDN) for Solar PV
- Solar power systems | Brief overview on the key components and types of solar power systems
- Grid integration | Key aspects of grid integration and current and emerging market opportunities for solar PV including integrations such as energy storage
⦾
Key risks allocation at each stage of solar power project development
- Key risks at baseline study
- Key risks at feasibility stage
- Key risks at design & engineering stage
- Key risks at construction stage
- Key risks at commissioning & testing stage
- Key risks at operation & maintenance stage
- Key risks at decommissioning & closure stage
⦾
Case histories and studies on developing solar power projects
Real case studies of solar power projects in Indonesia, from project initilization phase, PPA, financial closing, to commissioning and operations. Includes: valuable lessons learned, to allow a holistic view of challenges and success factors.
⦾
Key considerations from lenders’ perspective in solar and hydropower projects
⦾
Overview on financial modelling for solar and hydropower projects
⦾
Business schemes and PLN’s expansion plans
- Build Own Operate
- Build Own Operate Transfer
- Pricing and tariff design
- PLN’s upcoming solar and hydropower projects (RUPTL)
- IPP tender process
⦾
Regulations and permits
- Primary permits required to construct, commission and operate utility-scale renewable energy facilities, particularly solar and hydropower facilities
- Local content requirements
- Benchmarking on renewable regulations in other countries (in South East Asia)
⦾
Power Purchase Agreement
- Process flow to deal PPA contract
- Main clauses in PPA contract
- PPA risk assessment and valuation
- Main terms of agreement and arrangements (including operations, maintenance, billing, payment, insurance, dispute resolution arrangements)
- Force majeure