AUG, 2016

INVESTMENT FREE
ENERGY MANAGEMENT CONTRACT
Contents

I. Introduction
II. Synergy One Stop Energy Saving Service
III. Current Electricity Situation in Indonesia
IV. Lighting Solutions & Project Experiences
V. Air Conditioning Solutions & Project Experiences
VI. Project CVs
I. Who We Are?
I. About Synergy
• Established since 2008.
• Leading Energy Management Contrac t (EMC) / performance
contract provider in Hong Kong/Singapore/Malaysia.
• Provide innovative energy-s aving lighting and air conditioning
cooling management technologies and solutions.
• Served over 200 clients since 2008.
• Further extend to Green Building Facade Lighting & renewable
energy solutions.
• Listed on Hong Kong Stock Exchange in 2015.
 I. Energy Management Contract “EMC”
Before
After Implementation
Implementation

Client Net Saving

Energy
Cost Project Cost &
Saved* Service Fee
Energy
Cost
Energy Energy
Cost Cost

* Diagram not drawn to scale

Synergy will invest in all upfront energy saving equipment's and installation cost.
Then share the achieved savings with client over period of time
II. One Stop Energy Saving Service
EMC Road Map
• Professional Team of Specialists, CEng, BEAM Pro, Energy
Manager to perform energy audit.

• Synergy provides energy saving technologies, wide range

choice of products and systems for lighting and air conditioning.

• Computer Aided Software for system design, 3D rendering,

calculations and reports; scientific measurements and
evaluations.

• Design, Supply, Installation, Project Management,

Programming, T&C, Training, Maintenance with Guaranteed
Savings
II. Our Clients
 III. Electricity Supply Shortage in Indonesia
Indonesia

Source: CEIC Data 2014

III. Rapidly Rising Electricity Tariffs in Asia
III. Indonesia Business Tariffs Historical Trends

Source: www.energypedia.info & PLN Statistic 2001

IV. Product Offering – General Lighting
Achieve 70%~85% of Energy Saving Against Traditional Lighting Systems

LED T8 Series LED T5 Series MR 16 Series Bulb Series

High Bay Series Circular Tube PL Series Panel Series

Series

Specification Sheet Available

 IV. Why Are We Different?
Synergy Approach Manufacturer Approach
1. Business Model : 1. Business Model :
Gain by saving sharing Gain by selling products
 (Performance based)

2. Product strategy : 2. Product strategy :

Willing to invest much higher cost with Produce at lowest cost, sell with highest
best quality in order achieve highest margin
saving and longest life.
 ( Product need to maintain reasonable
 ( Products need to have highest quality at affordable selling price, i.e.
saving %, i.e.180 LM/Watt, 10W ) 100LM/Watt, 18W )

 ( Product life need to be very long i.e. Designed limited product life cycle
design Life 10 years, 100,000 Hrs. )
IV. Why Are We Different?
Tube Lighting Product Comparison Summary
Items (in 4 ft.) Synergy LED Market LED
Power (W) 10W 18W

Current (A) 0.05A 0.095A

Lumen Output 2538 lumen* 2538 lumen*
Efficacy (Lm/W) 180.0 Lm/W 100.0 Lm/W
Surface Temp. 28°C 38°C
Junction Temp. 45°C 85°C
30,000 hrs
Life Time 100,000 hrs
(usable 20,000 hrs)
Heat Contribution per
Tube on Air 14.6 kWh 26.28 kWh
Conditioning Fee
* The Lumen Output of LED will be multiplied by 1.41 (conversion factor) as we are 180 degree light emission.
IV. Project Experiences
Singapore Changyi Airport
Project: Design, Supply and T&C of Lighting Retrofit Works for T1 to T6.

Scope of Work: Over 1,900 light points has been replaced by Synergy High Bay Induction
Lamps and Induction Flood Lights.

Completion Date: June 2013

Description: The lighting improvement works saved over 5,000,000 kWh per year.
IV. Project Experiences
World Trade Centre, Sri Lanka Colombo
Project: Lighting Retrofit Works for General Lighting.

Scope of Work: Over 10,000 light points has been replaced by Synergy Lightings.

Completion Date: January 2013

Description: T8 and MR16 replacement saved over 2,280,000 kWh per year.
Projects Ongoing
Project: Matahari Department Store (75) Project: Hypermart (100)
Location: All Indonesia Location: All Indonesia
Annual fee : around Rp24 billion Annual fee : around Rp27 billion

44 Lippo shopping malls…and more!

V. Air Conditioning Solutions

VRV System
Chiller CRAC Unit

Filtration System
With Synergy Coologic ™
V. Air Conditioning Solutions
Synergy Coologic® - Complete Energy Management Platform

% = range of saving % per solution

Saving Solution Options :
1. Saving Solutions include Refrigerant Solution as option  average saving 20-40%
2. Saving Solutions not include Refrigerant Solution as option  average saving 10-30%
VI. Air Conditioning Solution – Client Reference
Saving Result
Client : Shamelin
Shopping Mall
30,000 m2 $ Annual Total Saving (USD) (55%) $ 620,000
Total Size :
Establish : Since 2013
Annual Saving in Cooling (USD) $ 413,000
Location : KL, Malaysia Annual Saving in Lighting (USD) $ 207,000
Facility : 2,400 RT
Centrifugal Annual Total Saving in kWh (55%) 4,763,500
Before Implement Energy Saving Solution
for Lighting & Cooling Annual Saving in Cooling in kWh 3,175,750
Electricity Fee : USD 2.21M /
Annual Saving in Lighting in kWh 1,587,750
Year
Consumption : 17,000,000 kWh $ 5 Year Total Saving (USD) $ 3,100,000

5 Year Saving in Cooling (USD) $ 2,065,000

5 Year Saving in Lighting (USD) $ 1,035,000

Cooling Saving % compare w original 50%

Lighting Saving % compare w original 70%

Cooling & Lighting solution implemented since July, 2014

 V. Air Conditioning Solution – Real Time Monitoring of Shamelin
400RT Chiller under 33 Degree C is running at 200 kWh i.e 0.5kWh / RT 2015 / 05 / 20
V. Air Conditioning Solution – Shamelin Real Time Monitoring

2015 / 05 / 20
V. Air Conditioning Solution – Shamelin Real Case
Condensing Tube Approach Cooling Tower Approach
Before
Before

After

End Result – 50% saving in cooling

After

Before : using 450 kWh in peak

Synergy Coologic Data After : using 200 kWh in peak
 VI. Air Conditioning Solution – Shamelin E Bill Comparison

Before – After –
Aug, 2014 Mar, 2015

1,152,017 kWh RM 504,292.60 885, 157 kWh RM 356,477.16

Electricity bill reflecting cooling savings portion only

 V. Air Conditioning Solution – Paradigm Real Case
Client : Paradigm Mall SAVING RESULT (USD)
Total GFA : 70,000 m2
Annual Total Savings $ 814,000
Establish : Since 2013
Location : PJ, Malaysia Annual Savings in Cooling $ 362,000
Facility : 4,500 RT
Centrifugal Annual Savings in Lighting $ 452,000
Before Implement Saving Solution
Electricity Fee : USD 2.21M / Five Years Total Savings $ 4,070,000
Year
Consumption : 17,000,000 Five Years Savings in Cooling $ 1,810,000
kWh
Five Years Savings in Lighting $ 2,260,000
USD 2.21M / Year

Total Savings % ~ 37%

Cooling saving % compare w original ~ 24%

Lighting saving % compare w original ~ 65%

Operating Hours: 10am to 10pm Temp. Range: 23 to 24 °C

Source : Paradigm_project
 V. Air Conditioning Solution : Concordia Real Case
Client : : Commercial Building, HK
Project Start : Since early 2011
Electricity Bill in Jul, 2012 Saved 28.3%
Facility : York Air Cool Chiller (3,000 Tons)
Refrigerant : R22 Before Installation : In Jul, 2010 549,724 kWh

After Installation : In Jul, 2012 393,937 kWh

Annual kWh used in A/C 4,500,000

Saving % 27%

Annual kWh Saved 1,215,000

Carbon Footprint 656,100 kg

No. of Tree Saved 59,645 pcs/yr

VI. Project CVs
Satisfied Clients
SYNERGY BUSINESS
MODEL
SYNERGY+NEC CO INVESTMENT
MODEL
(2)(5)

(1)(3)(6)

(4)

(1) NEC finds clients for Synergy for proposal
(2) NEC enters EMC with Clients and sign back to back EMC
with Synergy
(3) NEC pays Synergy to share initial costs as deposit
(4) Synergy arranges installation of lighting products on
EMC Clients’ premises
(5) EMC Clients pay NEC monthly
(6) NEC pays Synergy monthly, after deducting the paid
deposit that is evenly spread over the lease term
* for illustrative purpose only
SYNERGY+NEC AR FACTORING
MODEL
(4)

(3)

(1)(2)

(1) Synergy enters EMC with EMC Clients monthly energy
saving
(2) Synergy arranges for installation of lighting products on
EMC Clients’ premises
(3) Upon installation completed, NEC purchases the
receivables of the EMC between Synergy and EMC
Clients
(4) Since then, NEC will be in charge of receivable
collection from EMC Clients directly
* for illustrative purpose only
Financials
• Typical IRR ~ 27-30%
• 7 years contract
• Typical project size – 5,000 tubes – 10,000 tubes per site
• Typical contract value – US$500,000 – US$1m (pre split)
• Potential Market – 1,000 factories
– US$500m – US$1b
• Food factory, garment factory, automotive factory