Solar Supply Chain Cost and Schedule Project Impacts

Solar Supply Chain Cost and Schedule Impacts

December 14-15, 2022 | Online :: Central Time

Just as the solar project development pipeline was on pace in 2022 to deliver a flood of projects following a couple of years of covid-induced setbacks, its bright prospects have been overshadowed by multiple supply chain clouds.

This course will illuminate key elements of the solar project development supply chain:  1) what the pressures are, 2) how they may impact the timing/delivery of projects, 3) the budget impacts, 4) and some possible mitigation measures to lessen the impact on project development outcomes.  It will also evaluate the supply chain consequences of the recently-enacted incentives brought forward by the Inflation Recovery Act.

Still, the legislation’s many boosts to solar might not overcome other counterweights, such as ongoing supply shortages, allegations of forced labor, uncertainty about a federal probe on tariffs and lengthening queues for solar farms to get on the electric grid, according to observers.

a Princeton University report last week concluded that the bill’s incentives could cause a fivefold increase in solar generation through 2025-2026, as compared to 2020 levels.

Learning Outcomes  

Attendees at this course will:  

  • Discuss solar supply chain drivers
  • Review market, other economic conditions, and externalities that affect the supply chain
  • Assess domestic and international government policies, incentives and disincentives that are distorting the supply chain
  • Evaluate the availability and supply chain conditions associated with specific solar project components
  • Identify supply chain challenges’ impact on contracting costs, LCOE, construction milestones and in-service dates
  • Analyze consequences of supply chain disruptions on industry build-out trajectory
  • Identify procurement considerations in vetting sources for equipment and suppliers
  • Examine strategies for minimizing project development delays due to supply chain disruptions
  • Predict impacts of the recently enacted climate and CHIPs legislation on the supply chain

Agenda

Wednesday, December 14, 2022 : Central Time

8:45 – 9:00 a.m.
Log In and Welcome

12:45 – 1:30 p.m.
Lunch Break

9:00 a.m. – 4:45 p.m.
Course Timing

 

9:00 – 9:20 a.m. :: Overview and Introductions

9:20 – 10:45 a.m. :: Market Conditions and Externalities Affecting the Supply Chain

  • U.S. government actions
    • Department of Commerce
      • AD/CVD (antidumping and countervailing duties) anti-circumvention investigation
    • International Trade Commission
      • 201 Tariffs
    • Department of Homeland Security
      • UFLPA (Uyghur Forced Labor Prevention Act)
    • Customs and Border Protection 
      • WRO (Forced Labor Withhold Release)
  • Raw materials inflation
    • Steel
    • Rare earth
    • Semi-conductors
  • Logistics
    • Domestic freight
    • Trans-oceanic freight
  • COVID 19 and labor availability
    • Domestic
    • International
  • Supply and demand drivers
    • ITC
    • RPS
    • ESG
  • Geopolitical Overlays
    • IPCC agreement(s)
    • U.S. – China tensions
    • Ukraine conflict
  • Other

10:45 – 11:00 a.m. :: Morning Break

11:00 a.m. – 12:45 p.m. :: Evaluating Specific Component Supply Conditions

  • Modules
    • Polysilicon
    • Ingots
    • Wafers
    • Cells
    • Modules
  • Mounting and racking systems
  • Transformers
  • Electronics, cabling and related equipment (BOS/BOP)
  • Battery storage

12:45 – 1:30 p.m. :: Lunch Break

1:30 – 3:00 p.m. :: Identifying Supply Chain Challenges’ Impact on…

  • Project development landscape and supply chain entities
    • Pipeline
    • Deal flow
    • Delay
    • Cancellation
  • Project teaming, coordination and project management
  • Impact on project schedule
    • Lead times
    • Construction milestones and in-service dates
  • Contracting costs and LCOE
  • Spare parts and inventory
  • REC (renewable energy credits) pricing
  • Interconnection queues

3:00 – 3:15 p.m. :: Afternoon Break

3:15 – 4:45 p.m. :: Mitigation Strategies for Minimizing Project Development Delays & Cost Exposures Due to Supply Chain Disruptions

  • Open book vs. lump sum contracting
  • Module procurement
  • Bid timing validity
  • Index-tied material and commodity pricing
  • Control of schedule “float”
  • Construction scheduling and triggers
  • Transportation and logistics
  • Split-scope EPC structures
  • Asset owner-direct supply agreements

4:45 pm :: Program Adjourns for Day

 

Thursday, December 15, 2022 : Central Time

8:45 – 9:00 a.m.
Log In

9:00 a.m. – 12:15 p.m.
Course Timing

 

9:00 – 10:30 a.m. :: Contract Impacts, Complications and Modifications

  • Risk assignments and cost allocation for project development disruptions
  • Contract term modifications
  • Re-negotiating existing contracts and PPAs
  • Negotiating prospective contracts and PPAs

10:30 – 10:45 a.m. :: Morning Break

10:45 a.m. – 12:15 p.m. :: Financial Components and Transactions

  • Project/portfolio due diligence
  • Equity considerations
  • Debt considerations
  • ITC and other tax incentives
  • Insurance products
  • Hurdle rates and IRR
  • Impact of recently enacted CHIPS Act and climate change (inflation reduction act) legislation

12:15 p.m. :: Course Adjournment

Instructors

Matt Brinkman, Solar Business Unit and Regional Practice Manager, Burns & McDonnell 

Matthew Brinkman is the Solar Business Unit and Regional Practice Manager at Burns & McDonnell.  In that capacity, he supports the company’s solar project managers and technical teams through allocation of resources to projects, consulting with clients related to project execution models, performance testing requirements, contract review and negotiations, performance testing, and changes in the solar market.  His team has worked on some of the largest and most lauded solar projects in the nation, including serving as the Owner’s Engineer on the largest solar thermal plant in the world (392 MW Ivanpah) and the largest solar PV project in the United States (580 MW Solar Star).   Mr. Brinkman started his career at Burns & McDonnell in 1994 as a civil engineering co-op while attending North Dakota State University. In 2004, he permanently transferred to Phoenix, Arizona, and moved into a project manager role. In 2006, he was asked to start the Energy Global Practice in the Phoenix office, which has grown to the largest Energy presence in all Burns & McDonnell regional offices.  In 2008, he set up the solar business unit, which has established Burns & McDonnell as a premier Owner’s Engineer in the solar market.  In 2013, Mr. Brinkman was named a member of Burns & McDonnell’s Principal Group, a senior-level leadership group within the company.  Among the industry recognition he has received, he was appointed by Governor Janet Brewer to serve on the Arizona governor’s Solar Advisory Task Force. 


Paul Wormser, Vice President – Technology, Clean Energy Associates LLC (invited)

Paul Wormser is Vice President of Technology at Clean Energy Associates, a solar specialist technical advisory which provides quality assurance and independent engineering solutions world-wide.  The firm, based in China, serves financial institutions, project developers, EPCs, IPPs, and PV power plant owners with support throughout the project life cycle, from upstream supply chain management and supplier bench-marking, to downstream system design, construction, commissioning, performance assessment, re-power and optimization as well as warranty support.  Mr. Wormser leads the Technology and Quality team, the Account Management team and the Marketing team. Within this portfolio, he is responsible for definition, delivery and positioning of CEA’s upstream services. He also serves as a global technical wingman for Sales, while also contributing his expertise to downstream engineering projects such as project performance root cause analysis.  He owns CEA’s Global Strategic Planning process.  Before joining CEA, Mr. Wormser fulfilled executive management roles at SunEdison, First Solar, Sharp Electronics Solar and several other solar-focused engineering firms.  He earned a Bachelor’s degree in Mechanical Engineering with a Solar emphasis from George Washington Univ and MBA from Northeastern University.


Matt Bonovich, Partner, Sheppard Mullin

Matt Bonovich is a partner in the law firm Sheppard Mullin.  He has worked on energy transactions for more than a decade, with particular experience in renewables. During this time, he has negotiated all manner of project contracts, including M&A transactions, power purchase agreements, hedges, construction and procurement, interconnection and transmission and operations and maintenance.  Prior to returning to private practice, Mr. Bonovich served as Deputy General Counsel at Invenergy, where he was responsible for commercial transactions. His responsibilities included joint ventures, joint development arrangements, project acquisitions and dispositions, a variety of offtake arrangements, construction and procurement and all other commercial transactions integral to the full life span of the company’s projects. In this role, he also managed the legal affairs of Invenergy’s projects with various counterparties and stakeholders, guided regulatory matters for these projects, performed risk analysis and served on the company’s risk management committee.

Mr. Bonovich is experienced in the full life cycle of energy projects, from inception through development, financing and construction to operation. He works with all types of energy technologies, including wind, solar, storage, transmission, natural gas, cogen, LNG and biomass.


Paul Rybak, Vice President – Procurement, Lightsource bp

Paul Rybak is Vice President of Procurement at Lightsource bp, which he joined in 2022.  Over the past two decades, he has performed in procurement roles at Origis Energy, Pattern Energy Group, Sempra Energy, Sargent & Lundy and SAIC.


Philip Shen, Managing Director & Senior Research Analyst, CleanTech, Roth Capital Partners

Philip Shen is a Managing Director and Senior Research Analyst for CleantTech at Roth Capital Partners providing equity research coverage of the Cleantech sector. Over the years, he has covered the broad spectrum of cleantech sub-sectors and is currently focused on solar. Prior to joining Roth, Mr. Shen worked as a Research Associate at J.P. Morgan and Bear Stearns.  He received a StarMine Analyst Award for No. 1 Earnings Estimator of Semiconductors and Semiconductor Equipment in 2015 and a Thomson Reuters award for No. 1 Stock Picker of Semiconductors and Semiconductor Equipment in 2016. He was also a member of a team ranked by Institutional Investor magazine as Second Team for its Machinery coverage in 2007, 2008, and 2009 at Bear Stearns and J.P. Morgan.  Mr. Shen received a B.S. in computer science from Brown University and an MBA from Stanford University

Online Delivery

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

  • IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
  • You will receive a meeting invitation will include a link to join the meeting.
  • Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
    • You will need to join the appropriate meeting at the appropriate time.
  • If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
  • The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Register

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all registrants for three business days after the event

REGISTER NOW FOR THIS EVENT:

Solar Supply Chain Cost and Schedule Impacts

December 14-15, 2022 | Online
Individual attendee(s) - $ 1195.00 each

Volume pricing also available

Individual attendee tickets can be mixed with ticket packs for complete flexibility

Pack of 5 attendees - $ 4,780.00 (20% discount)
Pack of 10 attendees - $ 8,365.00 (30% discount)
Pack of 20 attendees - $ 14,340.00 (40% discount)

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before November 11, 2022 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

CEUs

Credits

AP_Logo

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 1.0 CEUs for this event.

Instructional Methods  

This program will use PowerPoint presentations, case studies and group discussions. 

Requirements for a Successful Completion of Program  

Participants must log in each day and be in attendance for the entirety of the course to be eligible for continuing education credit. 

Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.


Course CPE Credits: 11.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

CpeEUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. more information

By clicking Accept or closing this message, you consent to our cookies on this device in accordance with our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. We use cookies during the registration process and to remember member settings.

Close