A sustained and sound business environment
JSA Energy acts within a clearly defined framework expressing asserted public will to develop renewable energies of photovoltaic origin.
Legal and fiscal regulations were put in place to promote the activity and support the sector on the long term (20 years).
While equipment goods costs for this activity are on the high side, this stable legal framework allows the electricity production project owner to master risks related to the sector:
• 20 years in advance knowledge of economical operation conditions of solar power stations • traditional French electricity provider (EDF) guarantees a fixed purchase rate for the electricity produced, over the same duration • equipment goods' profitability is mastered • business exit modalities are known in advance
Energetic problematic
Lacking of fossil energy resources allowing to satisfy its needs, Guadeloupe has a rate of energy dependency above 90 % (against 54,5 % for the continental France). The growth rate of energy consumptions, more specifically of electricity, remains very high compared to continental France. In 2006, the 1,5 TWh electricity production is obtained at 86 % with fossil fuels. The renewable energies (all types included) represent 13,6 %.
Photovoltaic potential
With only 0,2 % (2MW grid-connected in 2006), photovoltaic electrical production presents real opportunities for progression. The June 13th, 2006 PPI (Law of Multiannual Investments Programming) announces a potential of 390MWc installed in the French Overseas Departments in 2015, among which 30 % on the Guadeloupean territory, i.e. 120MWc of photovoltaic power potential installed in 2015. Housing environment: all houses can potentially receive a photovoltaic plant however, it is considered due to technical constraints (orientation, surfaces, types of structures, shadow phenomenons), only 50 % of individual housing (existing or new) gather the required conditions and may thus receive a photovoltaic installation.
The net available solar field in kWc installed (existing individual and collective housing) is estimated at 101MWc. The one related to future individual and collective housing is estimated to progress at the rate of the 2,75MWc/year.
Besides, it seems vain to intend to limit households in equipping themselves with individual air conditioning and electric devices (+5%/year) or with sanitary warm water consumption (+3,8/year, over the period 2002-2006). It seems more efficient to follow energy performance efforts paths, as well as the promotion of solar water heaters installations (on existing and future housing).
JSA Energy's commercial offer, with its « REn kit » (that includes photovoltaic and thermal), efficiently contributes to the photovoltaic and thermal energies promotion efforts with residentials (thus on existing housing).
The Farmers' association: estimates the unexploited agricultural land area at 23 000 ha. By assuming that 50 % of this surface would be used for photovoltaic field installations at a rate of 1,6 ha/MWc, the surface of farmlands dedicated to 80 MW of photovoltaic would be approximately 130 ha, which only represents 0,6 % of the unexploited agricultural territory.
Financial project management: GPS Finance
JSA Energy adds to these pre-existing favorable regulations its own specific business expertise in the field of photovoltaic solar energy. We entrust the financial project management portion to GPS Finance.
The Girardin Law is the most powerful tool that exists in terms of advantages for investors. It gears the investors towards the French Overseas Departments and Territories.
An investment request file is available to investors wishing to benefit from this market's stability and fiscal advantages.
JSA Energy's expertise in the complex sector of photovoltaic solar energy investments in the French Overseas Departments and Territories is an additional guarantee of your return on investment.

|