Titan Energy Associates (TEA) is inviting attendees to a presentation about their history and work with XEMC Windpower, a Chinese wind turbine manufacturer. TEA has worked with XEMC for over a decade, helping them source wind technology and expand globally. The presentation will provide TEA and XEMC's background, and discuss opportunities for developing wind farms and a potential factory in Ireland to meet the country's renewable energy targets by 2020. TEA aims to create strategic partnerships and finance options to establish XEMC as a global leader in wind technology.
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TEA & Kane History 1992 - 2013
1. an invitation to TEA
an invitation to TEA
A Presentation by Titan Energy Associates
2. TEA & Kane History
Kane History:- Coal Handling Ltd, Milewater Basin, formerly of Abercorn Basin.
(founded by Richard Kane & sold to Cawoods in 1997)
3. An introduction to India & granite!
Koradi Power Station, Maharashtra State, India ( Yr 2000)
Richard Kane
(CRL) initially
employed as a
consultant to the
Archean Group to
advise the Indian
Government on
how to create
efficiencies in
public owned coal
fired power
stations
4. Maharashtra State Electricity Board
(servicing a population of 150m)
Right to left;
Mr. Madhan,
Mr.Kukde,
Tech. Dir.
R Kane,
C.R.L.,
Mr.
Deshpand
e,
Sup Eng.
MSEB
Mr. Chapalge,
Ch. Eng
6. Kane Group Office
Opening
Dargan Road, Belfast
June 2007
Left to Right, Richard
Kane, Alderman Jim
Rodgers,
Mr. & Mrs Anandam,
Lindy Kane
TEA & Kane History
7. 7
Kane Granite Products
Granite supplied by
Archean Group India
to
Kane Granite Products
Projects in UK &
Ireland
Left. Tesco Flagship
Centre Portadown,
Right. Titanic Quarter &
Odyssey Arena
Belfast
8. Right to left;
Mr. P. Anandam,
Chairman
(founder & owner),
Richard Kane, TEA
Mr. P. Ranjit, Director
(son & owner)
2005 Kane employed by Archean Group
India to source wind turbine Technology
9. Left to right, R. Kane, Johnnie Andringa
(Business Development Manager)
Proven Wind Energy Ltd.
Scotland
11. Ingetur Spain
(part of Acciona Energia)
Left to right, Mr. Pedro
Ruiz (Group CEO), R.
Kane, Mr. Javier Ojeda
(Chinese CEO), Mr.
Eduardo Medina
(Commercial Director)
12. Ingetur Spain
(part of Acciona Energia)
Factory Floor Navarra, Spain 1.5 mw Turbine
Production
Navarra is one of 2
factories in Spain
with a 3rd in China.
Total annual
production capacity
for 2006 estimated at
1000 units x 1.5mw
turbines (or aprox
330 units per factory)
14. WinWind Oy Finland
Left to right
President of
WinWind, Mr. Veli-
Matti Jaaskelainen,
R. Kane
15. Left to right, R. Kane,
Mr. Gerald Hehenberger
Owner & CEO, Windtec
Austria
16. Left to right,
Geoff
Henderson
founder and
MD & R. Kane
pictured in a
gale force
wind visiting
the prototype
trurbine just
outside
Christchurch
Windflow New
Zealand
17. Harakosan Ltd. Japan & Holland
Left to right Mr.
Watananbe (CEO),
R. Kane, Mr.
Richard Van
Rossen, Project
Manager
Gearless 2 MW
Prodcuer
19. VWEC & Archean XV90 IPR
Sold to XEMC Windpower 2010
Innovative Class Leading
design
2.5 mw Gearless Direct
Drive
80m Tower Height
90 m Rotor Diameter
Adaptable to Class 1, 2 &
3 wind sites
20. History of XEMC Group & XEMC Windpower
Xiangtan Electric Manufacturing Corporation (XEMC)
established 1936 in Xiangtan, Hunan Province, PRC
The Cradle of Chinese Machinery and Electric Products
XEMC Group Turnover 2010 $ 3bn USD
XEMC Windpower Established in 2005
Licensed to manufacture and sell Harakosan/Zephyros
2 MWXE72 direct drive permanent magnet technology
Further Development of 2nd generation XE82, XE87, XE93
Over 900 units manufactured & installed in China (1.8 GW)
Production capacity >2000 units per annum
5th largest wind turbine manufacturer in China
2009 acquired Darwind 5mw offshore technology IPR
2010 acquired VWEC 2.5mw onshore technology IPR
22. TEA Marketing Objectives
Create a XEMC Turbine Sales Pipeline:- UK, Ireland & North America
Create Multiple Finance Options:- Private Equity, Traditional & Government
Create Strategic Partnerships:- Government, Customers, Utilities, O & M,
Insurance, Finance, Component Supply, Local Community & within the
XEMC family.
Create a clear position for XEMC on quality of product, service & cost.
Communicate the XEMC ethos and ensure we perform (walk the talk)
Undertake our business under a strict moral and ethical code of practice.
Create a desire within the market to partner with XEMCto be unique!
Make XEMC THE GLOBAL leader in wind turbine technology.
Achieve these objectives in the lifetime of the opportunity. Do it Now!
23. team TEA - the board
Michael Harper :- Council Member IWEA & BWEA
Richard Kane:- TEA Founder, Marketing & Finance
Hugh Loughlin :- USA Sales & Asia Finance
Michael Loughran:- Sales, Ireland Partner of Statoil
Sean Mahon : Sales, MD Europe Cable & Wireless
Stewart Porter:- Sales, UK & Ireland
Yuan Yuan Zhang (Sarah):- Accountant
29. IRELAND XEMC
WINDFARM SPV
XEMC VWEC BVInvestor
Electricity Sold
to Utility
Companies
Ireland & UK
XEMC & Investor
loans to SPV secured
against windfarm
assets & PPA
Ireland
Government
Power Sold $ Income
Irelandthe strongest wind in Europe
PLUS Government owned Windfarms!
A proposal..
5000 mw required
2011 -2020
40%
renewables
target for 2020
31. XEMC Factory Feasibility Study
Visit to Stormont, Belfast
Hosted by N. Ireland Assembly
Left to right
Richard Kane, TEA
Robin Newton MLA, MP
David Cheng. XEMC
Peter McCormick, TEA
Hugo Groenemans, XEMC
32. XEMC Factory Feasibility Study
(represented by XEMC agents, Titan Energy Associates)
Visit to Cork Harbour
Hosted by IDA
Left to right
Pete Townsend, IDA
Richard Kane, TEA
Stewart Porter, TEA
Ray OConnor, IDA
John Nugent, IDA
40. Strabag, XEMC, Gaelectric
& TEA Working Group
established to explore
offshore Ocean Joule
15mw pilot project with
view to 1gw licence
Visit to
Cuxhaven
Germany
41. XEMC Showroom Windfarm Agreement
XEMC, TEA &
Gaelectric
Senior
Management
agree to
develop 3 x
showroom
windfarms in
Ireland
August 2011
42. Eirgrid Ireland Energy Export to UK
XEMC & TEA
Management
meet with Eirgrid
Dublin to learn
about Irelands
plans to export
more energy to
UK mainland
August 2011
44. USA :- Market Demand
USA Power demand predicted to increase by 29% by 2030
An additional 120GW of capacity will be needed to maintain
a 15% reserve margin in the US by 2016 (the minimum
reserve margin for a stable supply)
Wind power has been the fastest growing source of new
electric power generation for several years. With 34.3GW of
total capacity, wind now accounts for 3.3% of total US
capacity
In 2009 and 2010, US wind generators were eligible
for up to $80 billion usd of the US Stimulus Bill is
earmarked for energy projects
45. USA:-Chinese players in the US
market & their finance partners
(*) Pollock, Caitlin. IHS Emerging Energy. Finding the Right Project Development Partner: Analyzing Chinese
Companies. 7 December 2010, p4
Company Financier Line/Limit Instruments
Baoding Huide CATIC (CIAC) US$300 million Loans and guarantees for US
projects
Goldwind China Development
Bank (CDB)
US$6 billion Equity and debt
A-Power Shenyang Power
Group
US$36.6 million Third party financing of up to
49% of CAPEX of US project
Baoding
Tianwei
CDB Undisclosed Loans
Mingyang ICBC Guangdong US$737.3 million Loans & lease financing
Sinovel CDB US$6.5 billion Medium and long term loans
XEMC XEMC New Energy
Investment Co
US$301.1 million Equity and debt
CSIC
Haizhuang
Chongqing Energy
Investment Group
undisclosed Equity and debt
Select China Wind Player PRC Financing Support(*)
46. USA :- Diplomatic Dimension
2011 Hu Jintao Washington Visit: Trade Relations Tighten
President Obama showed no distance to the visiting
premier
Premier Hu emphasized the positive effects of China on the
American economy through an estimated $6.2 billion of
Chinese investment in US based companies, real estate
and other assets last year
Many US companies signed agreements with
Chinese counterparties on a variety of
energy projects
47. IRELAND XEMC
WINDFARM SPV
XEMC VWEC BVInvestor
Electricity Sold
to Utility
Companies
Ireland & UK
XEMC & Investor
loans to SPV secured
against windfarm
assets & PPA
Ireland
Government
Power Sold $ Income
Irelandthe strongest wind in Europe
PLUS Government owned Windfarms!
A proposal..
5000 mw required
2011 -2020
40%
renewables
target for 2020