4th Renewable Energy Finance Forum - China Brochure

China’s premier event for renewable energy finance and investmentSAVE $250Register by 27 March 2009 Simultaneous translation English/Mandarin Chinese will be providedCo-organised by 4th AnnualCarbon Neutral Partnerwww.reff-china.comConference highlights include:? Debt and project finance forrenewables in China? Where next for private equityinvestments?? Financial outlook for technologymanufacturing ? Regularly attended by over250 renewable energy financiersand executivesGold Sponsor NetworkingBreakSponsorExhibitors includeBronze Sponsor Supported by 2China’s renewable energy industry is reshaping the market globally and policyplans aim to maintain this growth throughout turbulent economic times. Changing the economics of wind power, Chinacontinues to demonstrate success in deploying technologieson a large scale. By the end of 2007 China had over4GW of grid-connected capacity, and project developmentis still in full swing as the government doubles its installationtargets for 2010. Meanwhile, domestic manufacturingproduction is expected to top 10GW annually by the endof the year, driving overseas market growth. Capital scarcity and increasingly volatile publicmarkets have prompted a review of investmentstrategies. Whilst grid parity for solar PV is still achallenge, investors are also seeking the next technologieswith widespread commercialisation prospects.China’s global role in advancing clean energyremains pivotal. China’s economies of scale areconsidered key to reducing the costs of clean energy,and increasingly, investors are hoping to leveragedevelopment expertise to expand operations furtherin Asia.Now in its 4th year, REFF China is specificallytailored to serve the needs of market participants inChina’s renewable and clean energy sectors. Featuringfinancial insight and cost analysis from investors,developers, policy shapers and leading technologymanufacturers, the forum offers a unique platform fordiscussion among market participants.12-13 May 2009, The Ritz-Carlton Beijing, Financial StreetEuromoney EnergyEvents(EEE) is adivision of EuromoneyInstitutional Investor PLC, theleading global financial mediacompany. EEE holds financialconferences for the cleanenergy industry, focusing oninvestments in the renewableenergy and carbon markets.These include the global brandof REFF, held in London, NewYork, Beijing, Prague, Mumbaiand Rio de Janeiro.Since itsestablishment,CREIA hasbeen serving as a windowbringing together national andinternational project developersand investors; a bridge betweenregulatory authorities and theindustry; and a network forenterprises, drawing togetherrenewable energy experts onresearch and development,production and sales,professionals and entrepreneursto accelerate the development ofChinese renewable energy. Key speakers include:REFF China Advisory Board The advisory board is made up of industry expertswho have provided ongoing advice in developing theconference. Their input guides the content of the event,and we would like to give our sincere thanks to thefollowing:• Li Junfeng, Secretary General, CREIA• Paulo Fernando Soares, Chief Executive Officer,Suzlon China• Chris Raczkowski, China Managing Director,Ecocern• Joseph Jacobelli, Group Director – CarbonVentures, CLP Group• Frank Haugwitz, EU Renewable Energy Manager,EU-China Energy and Environment Programme• Calvin Q. Xu, Senior Operations Officer and ChinaUtility-Based Energy Efficiency Program Manager, IFC? Liang Zhipeng, Division Chief, National Energy Bureau, NDRC? Gao Hu, Deputy Director, Centre for Renewable Energy Development, NDRC? Prof. Arthouros Zervos, President, European Renewable Energy Council and Chairman, Global Wind Energy Council? Dr Stephen Green, Head of Research - China, Standard Chartered Bank ? Sunil Gupta, Head of CleanTech / Technology Research, Morgan Stanley? Don Ye, Founder and Managing Partner, China Environment Fund? Zhu Liyong, General Manager, Corporate Banking, China Industrial Bank? James Pennay, Managing Director, IW Power? Qian Zhao, Managing Partner, CXC Capital and Independent Director, Trina Solar? Gordon LeBlanc Jr., Chief Executive Officer, PetroSun Inc4th AnnualAbout the organisers:3Rio de Janeiro April 27-28, 2009New YorkJune 23 - 24, 2009 LondonSeptember 21 - 22, 2009 San FranciscoSeptember 29 - 30, 2009FORTHCOMING EVENTSEuromoney Energy Events organises a series of high profile conferences for the renewable energy industryworldwide, focussing on the financial and commercial aspects of a range of industry sectors, as well asexamining broader topics such as emissions trading and carbon finance. In 2009 our events will include:For further details and updates please see our website at www.euromoneyenergy.comWall StreetWall Street London WestSponsorship at the 4th REFF China allows you to promote yourexpertise and services to a senior level audience, from both theenergy industry and the financial sector. Delegates will comefrom across China and other parts of Asia, as well as from theUS and Europe, where REFF has 10 years of experience and isestablished as the leading event in the sector. Our tailoredsponsorship and exhibition packages are designed to meetyour company’s specific requirements.What are the benefits?? Enhance your company’s profile ? Augment your position as a market leader ? Create pre- and post-event exposure ? Meet prospective clients ? Recognise a company milestone ? Distribute your contact details to all attendeesKey features of the 4th REFF China agenda? A special economic focus – How is the global downturnimpacting technology manufacturing in China?? The availability of debt and project finance for domesticrenewable energy projects? Where will private equity funds be looking to invest?? The investment outlook for the wind, solar and bioenergysectors in China? New sector coverage – Investing in industrial energyefficiency projectsPromotional options include headline Platinum, Gold, Silver andBronze sponsorships. You can also choose to sponsor the highprofile delegate lunches or evening reception, as well as thedelegate documentation, badges or bags. Taking an exhibitionstand will place you at the heart of networking activity, raisingyour company’s profile throughout the conference and providingan opportunity to interact directly with delegates.Please contact us for further details of the available sponsorshipoptions, prices, or to discuss a tailored sponsorship package.Contact detailsChris White on tel: +44 20 7779 8917 oremail: cwhite@euromoneyplc.comSponsorship and exhibition opportunities at REFF ChinaREFF China Hotel InformationThe Ritz-Carlton Beijing, Financial Street, 1 Jin Cheng Fang Street, East Financial Street, Beijing, 100032 China Tel: 86-10 6601 6666, Fax: 86-10 6601 6029, Web: www.ritzcarlton.com 4"The speakers' deep knowledge of specific Alexander U Conrad, Blue C, Ltd."An excellent exchange of views on market developments and practice between Chinese Christopher Tung, Mallesons Stephen Jaquesconference programmeDAY 1: TUESDAY 12TH MAY 20090730 Registration and exhibition open0830 Welcome and opening remarksVered Tsedaka, Conference Manager, Euromoney Energy Events0845-1000: Session 1AOpening policy keynotesChair: Li Junfeng, Secretary General, Chinese RenewableEnergy Industries Association (CREIA)Chairman’s opening remarks:The challenges the renewable industry in Chinafaces amid a tougher economic climate? How can China continue to bolster the domestic growth of renewable energy capacity?? The roadmap ahead – Future renewable energy policies in China and the negotiations towards a newclimate deal Li Junfeng, Secretary General, Chinese RenewableEnergy Industries Association (CREIA)The foundation of the National EnergyAdministration – An outlook on China’s energy requirements? The thought process driving structural change? China’s energy markets and the goals for renewables in the energy mix? Overview of the NEA’s scope for decision makingLiang Zhipeng, Division Chief, National Energy Bureau,National Development and Reform Commission China’s role in the international renewableenergy markets? The appetite for renewable energy in key markets? The role of technology in the relationship between theEuropean and Chinese marketsProf. Arthouros Zervos, President, European Renewable Energy Council and Chairman,Global Wind Energy CouncilThe outlook for policy changes in China’srenewable energy markets Gao Hu, Deputy Director, Centre for Renewable Energy Development, National Development and Reform Commission0945 Questions and discussion1000-1100: Session 1BOpening finance keynotes: The impact of the global downturn on China’seconomy and its renewable energy markets In recent years the strengthening of the domesticmanufacturing and service sectors has been coupled withChina’s buoyant economic growth. At present, questionsare being raised on how China’s economy will be affectedby the global economic downturn and the impact it willhave on manufacturing in key sectors. This session will examine how the Chinese economy isgeared towards the changes to come, and how this willaffect domestic growth in manufacturing, with a particularfocus on technologies in the cleantech sector. Opening keynote: The long term impacts of the economicdownturn on China’s energy markets? An outlook on infrastructure development, manufacturing, and investment in new technologiesDr Feng Fei, Director-General, Department of IndustrialEconomics Research, Development Research Centre, China State Council*Seismic shifts in the global economy? What is happening to supply and demand, and what are the ripple effects across major markets?? How exposed is China’s economy to the global downturn?Dr Stephen Green, Head of Research - China,Standard Chartered BankIs the current level of manufacturing in China sustainable?? Can domestic growth provide enough purchasing power for China’s renewable energy markets? 1045 Questions and discussion1100 Networking refreshment break sponsored by1130-1245: Session 2Debt and project financeThis session looks at advances in the markets of debt andequity finance for renewable energy projects in Chinafrom the viewpoints of lenders and developers. Key topics:? Project finance structures in China – The view of domestic banks? Challenges facing China’s power industry and impact on growth of renewable energy? What is the availability of debt for renewable energy projects?? Leveraging on renewable energy financing in Europe and south Asia for engagement in ChinaSpeakers:Jotdeep Singh, Head of Renewable Energy and Carbon Credits Asia, RabobankJoseph Jacobelli, Group Director – Carbon Ventures,CLP GroupDr Alex Westlake, Founder and Managing Director,ClearWorld EnergyWang Xiaocong, General Manager, Power FinanceDivision, China Minsheng Banking Corporation (CMBC)*1245 Networking lunch1400-1530: Session 3Solar energyAs gradual easing of bottlenecks in the solar PV supply chaincontributes to lowering the cost of technology, investorsare displaying increased interest in output demand.The session will explore both the emerging markets forsolar installations and the strengths of manufacturers in anincreasingly competitive landscape.The government’s view on the path towardssolar installations in ChinaWang Sicheng, Chief Engineer, Energy ResearchInstitute, National Development and Reform CommissionEast Asian solar manufacturing from an equityanalysis perspective – Who will maintain acompetitive edge?? The solar PV supply chain – How has the market changed and who is likely to maintain a strong position?? The relative strengths of the thin-film solar industry in Japan, Korea, Taiwan and China – Who will form a competitive lead?Sunil Gupta, Head of CleanTech / Technology Research,Morgan Stanley Supportive policies for solar installations –Analysis of the European market andindications for the US marketFrank Haugwitz, EU Renewable Energy Manager, EU-China Energy and Environment ProgrammeThe industry’s perspective:Peng Xiaofeng, Chairman and Chief Executive Officer, LDKQian Zhao, Managing Partner, CXC Capital andIndependent Director, Trina Solar1510 Questions and discussion1530 Networking refreshment break sponsored by1600-1730: Session 4 Wind powerChair: Qin Haiyan, Secretary General, Chinese Wind Energy AssociationThis session will feature the perspectives of manufacturersand project developers on the evolution of the domesticwind market. Key questions to be discussed include the changes broughtby the growth in domestic manufacturing, the advancementof offshore installations, and the links between policyframeworks and the project development landscape.State of the wind industry in China – Patternsof growth? How is the wind turbine manufacturing landscape in China changing?? Challenges in entering the Chinese wind energy marketfrom an international manufacturer's point of viewPaulo Fernando Soares, Chief Executive Officer,Suzlon ChinaTurbine procurement in a changing market –The view of a project developer? The lack of standardisation in wind turbine contracting ? Changes in the market and the emergence of domestic turbine manufacturers? What will buyers seek to obtain in contracting terms?James Pennay, Managing Director, IW PowerGrowth prospects for the domestic windmarket under the current policy climate? Can the domestic installations market sustain the growth rate of recent years?? Exports for Chinese-manufactured wind turbines – Where are we now? Sebastian Meyer, Director, Research and Advisory,China, EconcernOffshore wind farm development in China? The scale of the opportunity – Locations, resources, technology? Status of offshore wind development? Risks and mitigationIan Irvine, Co-founder and Technical Director, SgurrEnergyPanel members:Jimmy Shih, Director of Windpower BusinessDevelopment, AESSenior Representative, Sinovel WindWu Gang, Chief Executive Officer, Goldwind*1700 Questions and discussion1730 Networking drinks receptiontel: +852 2842 69955segments made the event informative and compelling."and foreign developers, consultants and investors."Quotes from previous REFF China participantsDAY 2: WEDNESDAY 13TH MAY 20090800 Registration and exhibition open0830 Welcome and opening remarksVered Tsedaka, Conference Manager, Euromoney Energy Events0845-1000: Session 5Keynote climate change sessionChair: Wu Changhua, Greater China Director, The Climate GroupAs the global community approaches the negotiationstowards a new climate pact, key questions are beingraised about the scope of involvement on the part ofdifferent nations, and the financial mechanisms that willultimately result in pricing carbon appropriately. The session will examine core debates with respect toexisting mechanisms, and look at how the value of carbonis being embedded into financial instruments.Chair’s opening remarks: Between Poznan and Copenhagen – What arethe main issues being debated?? The evolution of carbon as a financial instrumentWu Changhua, Greater China Director, The Climate GroupChina's key expectations and prioritieswhen participating in global climatechange discussionsLi Liyan, Deputy Director, Department of ClimateChange, National Development and Reform Commission*What is the gap between existing mechanismsand true abatement?? A portfolio management perspective on carbon as a holding asset class? Trading outlook and analysis – How is the volatility ofcarbon pricing being handled by investors?Marco Terruzzin, Director of Carbon Markets – China,Evolution Markets Approaches to developing carbon monetisation vehicles ? Challenges in capitalising the value of carbon into debt financing instruments? The development of carbon backed instruments beyond spot EUA/CER sales and forward contractsSudhir Bhat, Director Project Finance, First Climate Group0945 Questions and discussion1000 Networking refreshment breaksponsored by1030-1200: Session 6The rise of private equity – What’s ahead for cleantech investment?Chair: Chris Raczkowski, China Managing Director, EconcernRecent years have demonstrated growth in both numberand size of funds focusing on Chinese clean technologies.As public capital markets fluctuate, private equity andventure capital funds are placed in a unique positionto invest.The session will feature a representation of funds andexplore their views on maintaining competitiveness andidentifying promising sectors.Session keynote: The makings of a promising technology – What qualities should a promising sectorpossess today?Don Ye, Founder and Managing Partner, China Environment FundThe risk profile of greentech investments in China? How are the risks faced by VC investors in China different to the traditional VC model?? What is the potential to add value in established technologies?Gaël de Barmon, President, Natixis Private Equity AsiaWhat is considered a viable opportunity in thepresent investment climate?Qiu Liping, Founding Partner and Director, Milestone CapitalFresh sectors in the clean energy industry ? The prospects for commercialising novel environmentally friendly technologies Andre Loesekrug-Pietri, Managing Partner, China Equity Links Partners1145 Questions and discussion1200 Networking lunch6e: energyevents@euromoneyplc.com"I was impressed with the quality of delegates, the Chinese renewable energy sector" - James "The event opened my mind about where and what will be developed in renewable Andy F Manvaludhi, PT Rekayasa Industri1315-1445: Session 7Bioenergy and waste-to-energyChair: Wang Mengjie, Secretary General, Rural EnergyIndustry AssociationCommercialisation of new technologies and novelapproaches to securing feedstock supply offer theopportunity to review the traditional business models forbioenergy projects.The session will look at fresh business models and thespecific challenges that apply to such projects, with aparticular focus on the waste-to-energy and biofuels sectors.Policy drivers and funding requirements forbiomass and energy from waste projectsQin Shiping, Researcher, Centre for Renewable EnergyDevelopment, National Development and Reform Commission*Energy from waste projects – Critical successfactors and pitfalls to avoid? The business case for energy from waste projects in China ? Project case study analysis? Overturning the ‘China factor’ assumption – A comparison of projects in China and IrelandAllard M. Nooy, President Asia Pacific, Covanta EnergyNovel approaches to overcoming the feedstocksupply challenge? Common challenges in locking in cellulosic feedstock supply? The development of hybrid grass and the long-term business model? Target markets in ChinaDr Carl Kukkonen, Chief Executive Officer, VIASPACE Inc.Commercialising third generation biofueltechnologies in the Chinese market? Why seek a joint venture business model in China? ? Managing the technology transfer to construct a commercial scale algae-to-biofuel pilot facility? Planned output and potential revenue streamsGordon LeBlanc Jr., Chief Executive Officer, PetroSun Inc.1430 Questions and discussion1445-1600: Session 8Industrial energy efficiency Chair: Calvin Q. Xu, Senior Operations Officer and ChinaUtility-Based Energy Efficiency Program Manager, IFCChina has highlighted its commitment to improvingefficiency in industrial energy usage, and the sector isgradually developing to offer a new take on clean energyinvestments.The session will outline the work already done and offerinsights on how energy efficiency can become acommercial financial opportunity.Key topics:? The experience of a domestic bank lending to a waste heat recovery project? Project development case studies: Financial structure; project phases? Analysis of the landscape and potential involvement for an international lenderPanel members:Zhu Liyong, General Manager, Corporate Banking,China Industrial BankDr Yu Yuanqi, Chairman, PhasCon Technologies Co., Ltd.Dr Oliver Behrend, Managing Director, Mainsail Energy Ventures1545 Questions and discussion1600 Networking refreshment breaksponsored by1615-1715: Session 9Chinese renewables – Crystal ball sessionChair: Li Junfeng, Secretary General, Chinese RenewableEnergy Industries Association (CREIA)Panel participants will debate the key messagesinvestors can expect on policy developments and suggestwhere they see opportunities emerging in the medium andlong term.Panel members:Chris Raczkowski, China Managing Director, EconcernFrank Haugwitz, EU Renewable Energy Manager, EU-China Energy and Environment ProgrammeGaël de Barmon, President, Natixis Private Equity Asia1730 Close of conference followed by closing drinks7w: www.reff-china.comdiscussion and the opportunities to engage such key experts inDavies, China Carbon Forumenergy around the world in the near future."Quotes from previousREFF China participants© 2009 Euromoney Energy Events Programme subject to change without notice *InvitedPost: Euromoney Energy Events Ltd Nestor House, Playhouse Yard London EC4V 5EX, UK Four other waysto registerFax: +44 20 7779 8946Telephone: +852 2842 6995(quoting brochure ref:)Email: energyevents@euromoneyplc.com(quoting brochure ref:)8$200 DISCOUNT$500 DISCOUNTThe easiest way to register is online at www.reff-china.comEARLY BIRD FEE US$1545 (by 27 March 2009) - STANDARD FEE US$1795 (after 27 March 2009)The conference fee includes: Attendance at all conference sessions,conference documentation, lunches, refreshments and receptions.4th ANNUAL REFF CHINA REGISTRATION FORM12-13 May 2009IT IS IMPORTANT TO FILL OUT ALL THE INFORMATION BELOWPlease photocopy this form for multiple bookings 1st Delegate detailsMr/Mrs/Ms ______ First name ____________________________________________________________Surname _________________________________________________________________________________Job title __________________________________________________________________________________Tel ________________________________________ Fax___________________________________________Email_____________________________________________________________________________________2nd Delegate details Mr/Mrs/Ms ______ First name ____________________________________________________________Surname _________________________________________________________________________________Job title __________________________________________________________________________________Tel ________________________________________ Fax___________________________________________Email_____________________________________________________________________________________3rd Delegate details Mr/Mrs/Ms ______ First name ____________________________________________________________Surname _________________________________________________________________________________Job title __________________________________________________________________________________Tel ________________________________________ Fax___________________________________________Email_____________________________________________________________________________________CONFERENCE FEE PAYMENTPayment may be made in one of three ways - please tick appropriate box ?1. To make a payment by credit card, please visit www.reff-china.com to book and pay online?? 2. Payment by BANK TRANSFER should be made through Lloyds Bank TSB plcPO Box 72, Bailey Drive, Gillingham Business Park, Gillingham, Kent, ME8 0LS,$ account number 11127713, sort code: 30-12-18, Swift code: LOYDGB2LCTY(all charges to be paid by sender). IBAN No: GB42LOYD30121886139233?? 3. CHEQUES should be drawn on a UK Bank and made payable toEuromoney Energy Events Ltd. A receipted invoice will be sent to all delegates. Please complete and return this form together with a copy of bank transfer orcheque, payable in $ to Euromoney Energy Events Ltd, and send by post or fax to:Euromoney Energy Events Ltd, Nestor House, Playhouse Yard, London EC4V 5EX, UKTel: +44 20 7779 8999, Fax: +44 20 7779 8946energyevents@euromoneyplc.com www.euromoneyenergy.comCANCELLATIONSConference fee: By completing this registration form, you are agreeing to the terms and conditions whereby you are liable for the full conference fee. All cancellations mustbe received in writing by 10 April 2009 for a full refund, less a 10% administration charge. We cannot accept verbal cancellations. Cancellations received after 10 April2009 are liable for the full conference fee. However, substitutions can be sent to attend in your place at no extra charge for the entire conference only with prior notice.Registrations received after 10 April 2009 are still liable for the full conference fee in case of cancellation. Cancellations due to unsuccessful visa applications will still besubject to the cancellation policy below. If owing to a force majeure, Euromoney Energy Events is obliged to postpone or cancel the event, Euromoney Energy Events will notbe liable for any travel or accommodation expenses incurred by delegates or their organisations. Badge swapping with other registered/non-registered delegates is againstour company policy and will not be permitted.Data protection: The information that you provide will be safeguarded by Euromoney Energy Events Ltd, a division of Euromoney Institutional Investor PLC group, whose subsidiaries may use itto keep you informed of relevant products and services. We occasionally allow reputable companies outside the Euromoney Institutional Investor PLC group to contact you with details of products thatmay be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone ?? fax ?? or email ?? pleasetick the relevant box. If you do not want us to share your information with other reputable companies, please tick this box ??Organisation detailsCompany Name ______________________________________________________________________Please supply your company description Company Activity (15-20 words)________________________________________________________________________________________________________________________________________________________Address ___________________________________________________________________________________________________________________________________________________________________________________Postcode ___________________________ Country__________________________________Tel ________________________________________ Fax_______________________________________(EXAMPLE: Power Yan Co. operates three 200MW power plants inthe Anhui province, China)Ref:please quotethis referenceVISA INVITATION LETTERSVisa applications are the responsibility of each delegate. If you require a visa letter ofinvitation, please contact ssymons@euromoneyplc.com. You will need to advise your nameas it appears on your passport, job title, organisation, date of birth, passport number, dateof expiry, nationality and fax number to which the document can be sent. We do not sendinvitations directly to any Embassy. Please allow sufficient time for this process. INTERNATIONAL DELEGATESDelegates By 27 March After 27 March Discount?? 1st $1545 $1795?? 2nd $1345 $1595 $200?? 3rd $1045 $1295 $500INTERNATIONAL DELEGATES RESIDENT IN CHINA (INCLUDING HONG KONG) Delegates By 27 March After 27 March Discount?? 1st $1045 $1295 ?? 2nd $845 $1095 $200?? 3rd $545 $795 $500?? Documentation only $600HOTELAccommodation is available at The Ritz-Carlton Beijing, Financial Street at specialdiscounted rates for REFF China delegates only: Single DoubleDeluxe room RMB1,300 RMB1,500Rates include breakfast but exclude15% surcharge To make a reservation please contact the hotel reservation department directly atbjsfs@ritzcarlton.com or fax +86 10 6629 6692 quoting the reference “REFF-China-09”. Note that these rates are available for registered REFF-China delegates only.Please ensure that you provide your dates of arrival, departure and credit carddetails to guarantee the reservation.There are a limited number of rooms so please ensure to place your reservation by10 April to avoid disappointment. Please take note of the cancellation terms uponreceipt of your confirmation from the hotel.Concessions available for delegates from the Chinese governmentand Chinese companies based in China. If you qualify for this specialrate, please contact: horse_liyi@263.net Eligibility for these rates will be subject to the final decision ofEuromoney Energy Events.For information on group booking discounts for 4 or more delegates please contactMaria Ferreiro on +44 20 7779 8084; mferreiro@euromoneyplc.comPlease note all registrations made on site (12-13 May) will be subject to a $100administration fee