Doral Group Renewable Energy Resources Ltd · TASE:DORL
Doral Group Renewable Energy Resources — Q1 2022 Earnings Presentation
30 slides from Doral Group Renewable Energy Resources's earnings presentation, May 2022
Slide 1: Capital Market Presentation May 2022
Leader of the Renewable Energy Market in Israel Capital Market Presentation May 2022 The Company’s facility at Kibbutz Karmia
Slide 2: Legal disclaimer
This presentation of Doral Renewable Energy Resources Group Ltd. (hereinafter: constitute forward-looking formation, as defined in the Israel Securities Law, the “Company”) was prepared for general presentation about the Company and 1968, based materially on expectations and assessments regarding ec
Slide 3: Energy of Innovation
Energy of Innovation Israel Europe USA Projects with a capacity of 2 GWp3 Projects with a capacity of 1.85 GWp3 Projects with a capacity of 11.1 GWp3 The largest backlog of facilities under In Italy, Romania, Poland and Denmark in leading markets (MISO, PJM) development in Israel Doral-Tech Environm
Slide 4: Project Backlog 15,193 MWp
Project Signed PPAs 1,250 MWp Backlog Won in tenders 630 MWp Under construction/ 3,4 pre-construction 832 MWp Connected* 6 216 MWp 15,193 MWp In advanced development 2,928 MWp (7,136) MWp 1,234 MWh 6 Storage capacity: 324 MWp 3,4 Under development (120) MWp 7,026 MWh (3,439) MWh 11,941 MWp (5,782) M
Slide 5: Progress according to plan
Progress according Indiana North Tender 1 to plan Under construction Solar + Storage Under construction constructio Obtained Purchase of Building permits key equipment completed Indiana Project simulation North Lehavot Habashan | 05 Proceeding according to the schedule in the PPA and competitive pro
Slide 6: 3,000 MWp of income-generating facilities
3,000 MWp IL EU US income-generating 2,928 MWp facilities 2024 (1,234 MWp) Projected capacity of income-generating facilities in the 2023 1,678 MWp (829 MWp) coming years 2022 328 MWp • The figures in parenthesis reflect the Company’s projected weighted holding rate (155 MWp) of the facilities. • Th
Slide 7: Annual rate of income-generating projects
Over NIS 1 billion Annual rate Run rate in 2024 of income - 1,089 (423) generating 857 (326) 326 10 786 projects 565 (219) 219 611 (374) 430 (286) (207) Mature project data: commercial operation, ready for 311 connection, under construction 184 241 (155) or pre-construction and/or after (91) (118) 1
Slide 8: Global trend
Global Rates of equipment, freight, Increase in power prices trend US - Significant increase in PPA and and logistics costs merchant rates The company contracted with strategic Europe - Sharp increase in electricity and suppliers in advance, in agreements with The Effect of Global energy prices attr
Slide 9: Israel
Israel The Company’s system | 09 at Kfar Menahem Capital Market Presentation, March 2022
Slide 10: Doral Israel competitive advantages
Doral Israel innovation competitive Groundbreaking technologies integrated with the company's facilities advantages Collaboration with H2PRO, agrivoltaic plants Energy storage Massive integration of energy storage Storage at kibbutz cooperative communities, large consumers, solar + storage projects,
Slide 11: Approx. 2 GWp backlog of facilities in Israel
Backlog of facilities in Israel 853 MWp Approx. 2 GWp Ground-mounted projects And/or + Approx. 63% commercially combined with storage (538) MWp 2,076 operated, under construction MWh (1,333) MWp and in advanced development 3,4 Total storage capacity Approx. 2 GWh 262MWp High voltage 914 MWp (147) MW
Slide 12: Doral supplies green electricity
Green electricity Doral production Electricity supplier Consumers Industrial, commercial, and households supplies green electricity Competitive advantages: Control over the entire value chain from a supplier that is a producer* Integrated storage (solar fields with integrated storage, stand-alone st
Slide 13: USA
| 13 Capital Market Presentation, March 2022
Slide 14: The electricity market in the United States
Utility PV installations and forecast, 2018-2032 The Doral has a mature 7 backlog of projects with capacity capaci y of electricity Approx. 1.8 GWp 3 Approx. 17 GWp 3 market in installed in the US in 2021 in the solar utilities category the United 4 States Source: Wood Mackenzie** Tax benefit plan o
Slide 15: Business Card
Business Card Control of the entire value chain 1.8 GWp7 in signed PPAs Experienced and professional staff, direct At high prices transactions with landowners. USD 1.5 billion Self-initiation, development, financing, Projected total revenue from the construction and long-term operation of agreements
Slide 16: PPAs signed at a capacity of approximately 1,800 MWp
PPAs signed at a capacity of approximately 1,800 MWp March 2021 July 2021 October 2021 March 2022 March 2022 March 2022 PPA on Indiana North PPA on Indiana South Construction work EPC agreement and PPAs with AEP and PPA with AEP for the project with AEP project with AEP launch ceremony - constructio
Slide 17: Total Project Capacity
Activity in the Leading and Most Liquid and Marketable Electricity Grids 3 Total Project ISO-NE 300 MW MWh Capacity 9 NYISO 400 MWh PJM 11.1 GWp 3 175 MW 4,087 MWp 240 MWh + MISO Storage capacity 2,664 MWp SPP 5 GWh 3 3,440 MWp 3,700 MWh SERC 180 MWp ERCOT 756 MWp | 17 Capital Market Presentation, M
Slide 18: Europe
Europe The Company’s systems | 18 in Poland Capital Market Presentation, March 2022
Slide 19: Europe 1.85 GWp Project Capacity
Europe Project Denmark 9 Capacity Denmark 340 MWp Poland Poland 431 MWp 1.85 GWp 3, 4 Romania Romania 563 MWp Italy Italy 519 MWp | 19 Capital Market Presentation, March 2022
Slide 20: The Company's Operations in Europe
Publication of REPowerEU* program outline The for the energy strategy of the continent, in view of the energy Company’s crisis and the war in Ukraine Operations Significant rise in electricity prices in Europe in Europe Development of solar fields Electricity prices in Italy (EUR/MW) 300 60 MWp read
Slide 21: Doral releases its first ESG corporate responsibility report
Prevention of emissions in carbon Savings made possible by green electricity dioxide equivalents (tones)* production in the company’s projects in 2021 Doral releases its first ESG corporate responsibility report | 21 Capital Market Presentation, May 2022 *https://doral-energy.com/wp-content/uploads/
Slide 22: Green Hydrogen
Hydrogen Doral will establish the first green Leading technologies Green hydrogen project in Israel In collaboration with H2Pro at the Yotvata Investment in groundbreaking technologies in the industry project, as part of a pilot financed by the H2PRO, Verdagy Ministry of Energy and Chief Scientist T
Slide 23: Doral-Tech Investment Portfolio
Circular economy Green hydrogen Doral-Tech Investment Portfolio Waste 2 Energy Energy storage and batteries IPO SPAC | 23 Capital Market Presentation, March 2022 Winner of BloombergNEF's Pioneer Award
Slide 24: Doral-Tech Collaborations
Our investment partners include Doral-Tech Collaborations Strategic Academic Inauguration of the Financing of Sustainability and Groundbreaking Energy Center research | 24 Agrivoltaics pilot Capital Market Presentation, March 2022 project
Slide 25: Doral Environmental Infrastructures
Doral Environmental technologies Waste 2 Energy Environmental Doral promotes environmental ▪ Agricultural and industrial waste treatment 2 commercially operated facilities and 6 facilities under und advanced infrastructure technologies: development and under development Infrastructures ▪ Keilot - ap
Slide 26: Key Financials
Liquid balances (in NIS thousands) Total shareholders’ equity (in NIS thousands) Key as at 31/3/2022* 521,819 Attributed to owners as at 31/3/2022 497,217 Financials 4,5 + + + 109% 216 105% 19,263 51% 18,717 Concurrently with the promotion and construction of 12,364 its major flagship projects, the
Slide 27: Key Financial Data
Key Key data of the consolidated statements of financial position Financial (NIS thousands)2 31.12.2021 31.3.2021 31.03.2022 Data Cash and cash equivalents 601,466 175,524 440,022 Other current assets 285,501 45,342 345,998 Non-current assets 769,720 436,295 890,131 Total assets 1,656,687 657,161 1,
Slide 28: Key Financial Data
Key Financial Data Key data of consolidated statements of income and other comprehensive income Project data (in NIS millions)5 (NIS thousands)2 Plus IFRS Non-GAAP Q1’2022 Q1’2021 2021 March 31, construction, 2022 data Company’s pre-construction Total Revenue 19,263 9,393 56,578 (assuming a full and
Slide 29: Comments
1 The Company’s targets for 2025-2026 are forward-looking information which is If the Company fails to execute the projects it promotes (or any of them), its main materially based on the Company’s expectations and assessments regarding exposure will be derecognition of amounts invested (and to be in
Slide 30: Renewable energy driven by people
Renewable energy driven by people ISRAEL USA EUROPE DORAL TECH EI ENVIRONMENTAL INFRASTRUCTURES michal@doral-energy.com | www.doral-energy.com
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