Investing in Solar PV, Energy Storage, Electromobility and Agrivoltaics. Implementing the European Green Deal.
Aliatis is Private Equity Fund focused around greenfield, utility scale, Solar PV, integrated with energy storage, EV charging networks and Agrivoltaics We originate our own projects using satellite technology. Our in house expertise manages project development risk to yield outsized returns.
Private equity Infrastructure Fund
Investments in integrated renewable power, seeking stable financial returns that can be accurately forecasted
Capturing the potential from investments in renewable power and other climate infrastructure
with returns driven primarily solar resource
Aligned to the development goals (UN SDGs), and European Green Deal
Diversified by geography, resource, and regulatory regime. Following IFC project development guidelines mitigating stand-alone project risks
Aliatis invests in greenfield, utility scale solar photovoltaics integrated with energy storage to yield uninterrupted dispatch of electricity to its customers. The revenue stream from all of Aliatis investments are secured by long term sleeved power purchase agreements (PPA's). Aliatis has selected an ecosystem of collaborators in the areas of consulting, environmental assessments, floating solar EPC (engineering, procurement and construction), ground based installations to feed electric vehicle charging networks, satellite based site surveying and water body characterisation. Our focus on floating solar project development is driven by the multiple advantages that accrue in high solar radiation, water stressed locations in Southern Europe, and North Africa. Among the benefits are
Outsized returns from well managed and de-risked greenfield developments
Conservation of water resources and reduction in water costs from lower treatment cost and electricity prices for desalination plant.
Avoidance of resettlement, landscaping costs and conflict with alternative uses for land such as agriculture, industry and tourist infrastructure.
The strategy of developing greenfield sites is grounded in the observation that capital flows to project development was a bottleneck in the supply of projects. Project flow is too small to service the capital demand to displace fossil generation under the European Green deal.
Aliatis will integrate energy storage into its Solar PV projects so as to mitigate interruptible supply to customers. With falling costs of solar and energy storage the costs per KWh from an integrated system will fall to a level that is below the cost of an existing modern gas fired cogeneration plant by 2023. Th preferred method of integrating floating solar PV with energy storage is to locate the floating array on a Pumped Storage Hydro or hydropower location
Stationary storage deployments are also increasing globally to support increasing renewables deployments, meet grid storage mandates, and tap into new revenue streams through application stacking. However, it can still be challenging to make money from standalone storage in this market due to uncertainties in regulation and regional differences leading Aliatis to always integrate storage with solar PV generation.
A total of 7200 gigawatts (GW) of electricity capacity needs to be built worldwide to keep pace with increasing electricity demand while also replacing existing power plants expected to be retired by 2040 (around 40% of the current fleet). If future electricity systems are planned to use large proportions of intermittent (such as from wind, solar or tidal generation) or inflexible (e.g. nuclear, coal, etc.) electricity generation sources then an increasing scale-up of energy storage is necessary to match the supply with hourly, daily and seasonal electricity demand profiles. Reflecting this, the International Energy Agency projects that 310 GW of additional grid-connected electricity storage capacity will be necessary in the United States, Europe, China and India.
The stationary energy storage market will surpass the electronic devices market in 2023, when we project it will become a $30 billion industry of 52 GWh in installations. This growth will be driven by the commercialization of several key innovative technologies, including solid state batteries and flow batteries.
Mobility applications, dominated by battery electric vehicles (BEVs) are supported all around the world by vehicle emissions regulations and phase outs of Internal Combustion Engine (ICE) vehicles by 2030. Automakers are now aggressively expanding their BEV offerings to capture greater shares of this growing market. In Europe dedicated fast charging stations with on site retail outlets, BEV leasing operations, accommodations and meeting room facilities are being developed to service and stimulate the rapid uptake of BEV's. Most BEV's in Europe are fuelled by a mixture of nuclear, gas, hydro, coal, lignite, and RES in ratios that reflect the regional generation source. Aliatis will avoid this self defeating aspect by providing only RES to the charging stations it develops.
In Europe dedicated fast charging stations with on site retail outlets, BEV leasing operations, accommodations and meeting room facilities are being developed to service and stimulate the rapid uptake of BEV's.
The energy transformation requires a massive expansion of solar electricity production, combined with a high demand for space. Arable land is a very limited and valuable resource. Agrivoltaics solves this conflict by enabling food production and electricity generation on the same area. Through dual land use, agrivoltaics not only increases land efficiency but also increases the resilience of agricultural production against global warming. Agrivoltaics provides farmers with additional income and promotes the economic development of rural areas. Intelligent Lighting Management to harvest solar energy and crops on the same area, a balanced ratio of light and shade is required. By selecting and adapting module types, mounting frames and installation parameters, it is ensured that the respective plants receive sufficient light throughout the day and year.
Central elements of agrivoltaics are interactions and synergies between the fields of agriculture and photovoltaics. An adapted PV system design with targeted light management and the selection of suitable plant species can stabilize or even increase agricultural yields. Particularly in increasingly dry periods, crop failures can be reduced or avoided altogether. The need for irrigation is reduced due to partial shading, and wind erosion decreases. The PV substructure can also be used for protective nets or foils. The resilience of fruit and vegetable cultivation to hail, frost and drought increases.
The biggest benefits for AV are found in warm, dry climates. Work in the south of France provides one example of this, Italy and other areas of southern Europe have also seen successful projects. In general, more sunshine means more output from PV and more likelihood that plants will benefit from shade in the hottest parts of the day. In such regions, coverage by an AV installation can also help to prevent evaporation and reduce requirements for water.
Through dual land use, agrivoltaics not only increases land efficiency but also increases the resilience of agricultural production against global warming. Aliatis will work with government and regulators to enable the widespread adoption of agrivoltaics. It will offer solar leasing options and financing packages to farmers to enable investments
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