ABOUT CLEAN ENERGY

Clean Energy LLC is a established in 2004 as a renewable energy company developing and operating the first wind farm in Mongolia.
 


Investors:
  • Newcom LLC
  • General Electric Pacific Pte Ltd (GE)
  • European Bank for Reconstruction and Development (EBRD)
  • Netherlands Development Finance Company (FMO)
 
Capacity 50MW
Annual production 168.5M kWh
Investment US$120M


Connected to the Central Energy Grid System through Nalaikh substation
Early works since 2011
Major construction since Apr 2012
Operations since June 2013

Salkhit wind farm project highlights
  • First wind farm in Mongolia
  • First IPP
  • First PPA
  • First new power generation since 1984
  • Largest renewable energy source
  • Largest registered CDM project

Game changer
  • First renewable energy generator to be connected with central grid, first IPP
  • First utility with a private investment


Environmental impact

  • Cut CO2 emissions by 180 thousand tons annually
  • Reduce coal burning by 122 thousand tons annually
  • Save 1.6 million tons of fresh water annually

Contribution to Sustainable Development:

Environmental Benefits
Follows international best practice on environmental & social management + health & safety:

  • EBRD, IFC Performance Standards
  • Equator Principles
  • ISO 14001 (Environment), ISO 9001 (Quality) & 18001 (OHSAS)


Social Benefits

Creation of local job opportunities:

  • 3843 people worked on Salkhit in total
  • 3390 of them Mongolians
  • 18 Mongolian subcontractors engaged in the project
  • Development of local expertise in power and renewable energy sector
  • Regular staff training on safety, wind energy operation, integration, service & maintenance, SCADA  


Economic Benefits

  • Introduced renewable energy as a viable business model
  • Developed the first commercial scale wind project
  • Raised project finance of US$120 million through debt and equity finance from international banks EBRD and FMO and other shareholders including Newcom and GE
  • Became the first project in Mongolia to receive an international project finance  award : Asia-Pacific Renewable Deal of 2012 in Renewables  from Project Finance Magazine.
  • Green Award 2012, Ministry of Environment and Green Development
  • The Best Project of 2013 in Mongolian Energy sector, Ministry of Energy
  • Green Investor 2013 , Mongolian National Chamber of Commerce and Industry
  • This project and its interaction with the Government will impact all future projects in energy and infrastructure in Mongolia

 

eznis

Contact

Clean Energy LLC

8F, Naiman Zovkhis Building
21 Seoul Street
Ulaanbaatar 14251, Mongolia


Tel: 976-70111331, 976-75851331
Fax: 976-70111341
E-mail: contact@cleanenergy.mn

Web: www.cleanenergy.mn