Proposal to Lanco

July 2012

1. Novatec Solar Technology & Projects

2. Novatec Solars Product Portfolio

1. Scope of Delivery

2. Novatec Solar/ABB CSP plant designs

3. Proposal to LANCO

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NOVATEC SOLARs Fresnel Technology

Fixed positioned receiver system

Direct steam generation

Primary reflectors using flat mirrors

- Confidential 30 MW plant Puerto Errado 2, Spain

Puerto Errado 1 NOVATEC SOLARs demonstration plant

PE 1: 1.4MWel Demonstration Plant

Synchronized in March 2009 Direct steam generation at 270C

100 % solar steam generation

Air cooled condensers
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Puerto Errado 2 - proven, bankable Fresnel technology established in the utility market
PE 2: 30MWel Solar Power Station

PE 1: 1.4MWel Demonstration Plant

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Puerto Errado 2 - Project Structure

Lenders Advisors Owners Technical Advisor

Owner (5 Swiss utilities) 85 % Lenders

Project Company
PE2

Off-taker

O&M Contractor - Confidential -

EPC Contractor

Puerto Errado 2 30 MWel Solarthermal Power Station

Key data on the Solar Boiler

EPC Contractor Application Novatec Solar Direct steam generation

Model

2x 15 MW GE Turbines 28 rows of linear Fresnel collectors

Air-cooled condensers 302,000 m 270 C

Cooling Net aperture area Operating temperature

Operating pressure 55 bar Peak thermal output O+M Contractor Cleaning 150 MW th Novatec Solar Cleaning robots

Worlds Largest Fresnel Solar Power Plant Synchronized in January 2012, Final Completion August 2012 - Confidential 7

Impressions

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Impressions

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Impressions

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Solar Augmentation of a Coal fired power station

Key data on the Solar Boiler

EPC Contractor Owner Application Model Net aperture area Peak thermal output Novatec Solar Macquarie Generation Direct steam generation Solar augmentation of a coal fired power station in Liddell, Australia 18,500 m 9.3 MWth

Thermal Output per 13,550 MWhth year

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1. Novatec Solar Technology & Projects

2. Novatec Solars Product Portfolio

1. Scope of Delivery

2. Novatec Solar/ABB CSP plant designs

3. Proposal to LANCO

- Confidential -

12

Thermal-to-electric efficiency order of idea

40% 35% 30%

25%
20% 15% 10% 5% 0%

Evaporator, 270C, 55 Superheater, 500C, 100 bar , no reheat bar, superheated turbine

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Direct superheated steam > 500C

Parallel rows of:

evaporator 700 m length

Superheater 300 m length

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Solar field Layout

Hot end header Supernova collectors Steam separation unit Recirculation header

Superheated steam

Recirculation line

NOVA-1 collectors

Collector row control valve

Cold end header

Recirculation pump

Feed water

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Superheater Design

Design: Everything similar to evaporating section, except receiver design. Receiver developed for the use of vacuum absorber tube.

Receiver: Evaporating Section

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Receiver: Superheating section

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CSP Power Station Layout

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Comparison of CSP Technologies

Parabolic trough
Operating temperature Power block efficiency 390C 38%

NOVATECs Fresnel technology

500C 40%

Heat losses
Material per annual MWh thermal yield Land use efficiency

10 %
high

5%
low

270 kWh th per m Molten salt

370 kWh th per m Molten salt

Applicable storage technolgy

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Superheater Performance verified by German Aerospace Centre (DLR)

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Stable operation since August 2011

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1. Novatec Solar Technology & Projects

2. Novatec Solars latest Achievements

3. Scope of Delivery

4. Novatec Solar/ABB CSP plant designs

5. Proposal to LANCO

- Confidential -

21

Activities along the value chain

Project Development

Solar Field Manufacturing

Turnkey Solar Field Delivery

EPC

Operation & Maintenance

Project Ownership

Novatec activities Customers/Partners/Others ABB/EPC Contractors

In March 2011, ABB acquired a 35% shareholding in Novatec Solar.

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Creating local value Serial Production in the target market Novatec Solar has developed a fully-automated production line to assemble primary mirror reflector elements:
Automated manufacturing system for high-volume production Mass production line reproducible for the target market

Job effect in manufacturing and assembly process

Short distance transport to site

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Creating local value Site Assembly

Foundation & Support structure Simple and light design Standard steel profiles Screw foundation allows easy and quick assembly

Primary Reflector Use of standard material such as sheet plats and glass mirrors Slightly curved flat mirrors simplify the cleaning process

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Creating local value Site Assembly

Receiver Stationary receiver Direct steam generation Consisting of secondary reflector and absorber tube

Tracking system 2 x 96 Wel electric motors (20 Wel power consumption in operation) Continuous monitoring of mirror positioning using photovoltaic cells ensuring precise calibration - Confidential -

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Creating local value Construction and Commissioning

Solar field installation using local labor

Novatec Solar provides working instructions and quality check routines

Number of workers scalable to factory output of components to ensure intime installation

Local O&M personnel trained during commissioning

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Creating local value Operation & Maintenance

Self moving cleaning machines ensuring high mirror cleanliness Minimization of operating cost High cleaning performance (8100 m/ hour) Low water consumption (1.1 liter per square meter and year) No demineralised water required

Novatec Solars automated cleaning system

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1. Novatec Solar Technology & Projects

2. Novatec Solars latest Achievements

3. Scope of Delivery

4. Novatec Solar/ABB CSP plant designs

5. Proposal to LANCO

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ABB / NOVATEC CSP plant designs DSG

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ABB / NOVATEC CSP plant designs DSG + DMS

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Reference case load curve

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ABB / NOVATEC CSP plant designs Storage up to 4hours

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Larger DSG with storage load curve

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1. Novatec Solar Technology & Projects

2. Novatec Solars latest Achievements

3. Scope of Delivery

4. Novatec Solar/ABB CSP plant designs

5. Proposal to LANCO

- Confidential -

34

116 MWe Solar Thermal Power Station

116 MWel Solar Thermal Power Plant Linear state-of-the-art Fresnel technology ~900.000 m2 solar field Direct steam generation Excellent site with high solar irradiation

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LANCO Layout

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Conclusion
The ABB/Novatec Solar turnkey concept uses state of the art Fresnel collector technology Superheated steam generation with temperatures above 500C Flexible plant design according to the customers needs Dispatchable power due to thermal storage can be added Highly automated production lines in the target market leads to local job creation

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