El mercado de la energía solar haciendo énfasis en los paneles

1. PV Energy Market
Juan Rodríguez Benavides
Business Development Manager
Jinko Solar – Central America, Caribbean & Colombia

2. 2
Agenda
MW
Industry Update1
Company Business Overview2
Financial Performance3
Important Criteria for PV Implementation4

3. 2015 Summary of Global Solar PV Market
Supportive policies to existing support fuel strong 2015 and 2016
• China installations are forecast to take a 48% leap in 2015 to approach 19 GW, and then grow moderately to 21
GW by 2019.
• Japan is forecast to peak at 10 GW in 2015, there will be a 10% decline in demand in 2016.
• India’s demand to grow by 145% in 2015 and double again in 2016.
• In the United States, development and construction activity is intensifying ahead of the ITC reduction at the
end of 2016. The forecast and projects are increased to 26 GW of PV additions combined in 2015 and 2016.
• UK to end 2015 with 3.8 GW and add 2.3 GW in 2016.
• The further decline in the cost of photovoltaic technology will drive a $3.7 trillion surge in investment in solar,
both large-scale and small-scale.
.

4. China and the United States drive surging
demand in 2016
• The five largest solar markets will continue
concentrating over 2/3 of the global demand in 2016.
• China continue being the largest PV market with
close to 40% of the global installations in Q4 15. Solar
installations will reach one third of global installations
in Q4 16.
• The Japanese market will have a more stable share of
global installations during 2016, with a 10-20% share
throughout the year.
• US installations will grow from Q2 16, requiring
increasing shipments to the United States from Q4 15.
Given a non-extension of the ITC scenario, installations
will boom in during 2H 2016 reaching 27% of global
installations in Q4 16, before the expiration date.
• ROW markets will have a market share ~ 25%
Throughout.
2016 Outlook of Global Solar PV Market

5. Colombian PV Market Potential
• There is an approximate of 14 MW of installed capacity in Colombia adding all the
small systems in the country, this number will increase significantly in the next
months.
• Clean source of energy, which helps achieve COP21 objectives.
• Attractive but responsible incentives are being defined by the government, this will
boost the market in the next months.
• Solar energy will complement energy shortages due to the rain and oil price
uncertainty.
• Non Interconnected areas will be probably benefit the most our of solar energy
since prices are extremely high in this areas.
• Even though electricity prices are not that high in Colombia compared with other
countries, PV energy is making has financial feasibility.
• Resource availability, Colombia has an excellent solar irradiation, with areas with
more than 2000 kWh/m2.

6. Jinko Solar - Overview

7. Listed in NYSE (JKS)
Sold to countries70
Subsidiaries/office24
Global factories5
Employees15000
Capacity
4.3GW
Delivered
12GW
Revenue
>2.5 Billion $
3rd Largest Solar Module Maker Worldwide
China Fortune 500 Company
Jinko Solar - Overview
Nate：some figure is estimated,
please refer to 2015 annual finance
report

8. Industry CAGR
+36.7%
+12%
+20%
+6%
+72%
JKS CAGR
+53%
+52%
+63%
+25%
+98%
Year
2015
2014
2013
2012
2011
JKS market share
7.9%
6.8%
5.0%
3.7%
3.1%
Market Growth (Global Industry vs JinkoSolar)
注：基于2015年全球新增装机容量
预估57GW

9. 9
Revenue – USD Million
Operation Income – USD Million
Gross Margin – USD Million
1200
1610
1170
1610
2480
2011 2012 2013 2014 2015
187.2
360.64
237.51
360.64
503.44
2011 2012 2013 2014 2015
15.6% 4.8% 20.3% 22.4% 20.3%
50.2
198
106.7 150.1 205.9
2011 2012 2013 2014 2015
4.2% -25.7% 9.1% 9.3% 8.3%
Cash & Cash Equivalent – USD Million
23.2 83.33 65.8 83.33
165.46
45.7 22.2
9.5
203.07
403.2
2011 2012 2013 2014 2015
68.93 44.80 75.34 286.40 568.66
Financial Performance

10. SGI Colombia
Services
• PV Energy
• Energy Efficiency
• Lightning technology change
• HVAC Control
• Wind/Solar interconnected solutions
• ISO50001 certification advisory
• Monitoring systems

11. Important Criteria for PV Energy Implementation
PV Magazine Survey

12. • Quality and Bankability of components. Healthy financial status of the company that
will provide components is vital for the financing of the project It is important to
choose companies that will be alive and available for the >25 years the project will
be operating.
• Experience and professionalism of installer. The installation execution is probably
one of the most important aspects of the success of a PV system. The experience of
the installer and integrator will be crucial to build the project on time and with the
desired quality.
• Guarantees. PV projects have a long lifetime, which is why it is strictly necessary to
have a quality guarantee.
• Local presence. Not only the quality and bankability of components is crucial for a
project, the service provided by manufacturers will definitely be reflected on the
project execution. The fact of speaking the same language, being in the same time
zone and have a quick time of response makes the difference.
Important Criteria for PV Energy Implementation

13. Thank You！
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