Introducing:
Cleanergetic SEERS Solutions


                               Prepared for: [logo]

                                                      Madrid, March 2012

                                             Doc. Reference: QP_011_12




                                                                   1
Cleanergetic
                                                        SEERS Solutions




Content:


   Company      Areas of                Looking to
  Description   activity                the future




                    Motto: “Let’s do today a better future”



                                                           2
Cleanergetic
                                              SEERS Solutions




Company description



         Motto: “Let’s do today a better future”




                                                 3
Cleanergetic
      1. Company Description                                                              SEERS Solutions




                               Company founded in 2012 by
1. Company description

                               Antonio Bautista.

                               Cleanergetic     SEERS  Solutions
                               provides independent consulting
                               services and product development
                               in the areas of renewable energy
                               and energy efficiency.
                                                          Cleanergetic SEERS Solutions, S.L.U.
                                                                www.cleanergetic.com
                                                                info@cleanergetic.com




                                                                                             4
1. Company description

                         Business principles:

                         1.   Improve customer value.
                         2.   Dependability.
                         3.   Customer satisfaction.
                         4.   Continuous improvement.




                                                        5
Expertise:
                         1.   Photovoltaic operations.
1. Company description

                         2.   Customer service.
                         3.   Engineering.
                         4.   Asset management.
                         5.   Holistic integration.
                         6.   Contractual obligations.


                         Resources:
                         1.   Flexible human resources (intensity & geography).
                         2.   Test center and on-site instrumentation.
                         3.   Evaluation tools.



                                                                                  6
References:
                         1.   Selected option to investigate performance issues in
1. Company description

                              two Spanish plants.
                         2.   In partnership with a strong engineering company.
                         3.   Pioneering photovoltaic industry with 15 years
                              experience in the sector.
                         4.   Services provided at a global scale: USA, Germany,
                              Italy, Spain, Australia, India, China.
                         5.   More than 200 MW in Asset Management.
                         6.   More than 2 GW in project development and
                              engineering designs.
                         7.   More than 50 MW in product recalls.
                         8.   2GW warranty management.
                         9.   Development of IEC standards.

                                                                                7
Areas of activity



          Motto: “Let’s do today a better future”




                                                8
Solar services: Target customer profiles

                           PV Asset owners.
2. Areas of activity


                           Asset managers.

                           O&M companies.

                           PV manufacturers.

                           Systems integrators.

                           Financial institutions.

                           Private investors.


                                                                  9
Solar services: Offer portfolio
2. Areas of activity



                               Technical
                                             Engineering
                              assessment



                                      Asset mgt.




                                                           10
Solar services: Offer portfolio
2. Areas of activity


                             Technical
                                                      Engineering                 Asset mgt.
                            assessment
                       •   Plant diagnosis        • Basic eng. design       •   Plant repower
                       •   Tech. Due diligence    • Detailed eng. esign     •   O&M definition
                       •   Perfomance analysis    • Product qualification   •   Commissioning
                       •   Contract support       • Reliability analysis    •   Integrity mgt.
                       •   Plant cerficication    • Simulation              •   After-sales support
                       •   Root cause analysis    • Quantified risk         •   Warranty support
                       •   Warranty fulfillment     assessment              •   Quality checks
                       •   Energy Modeling        • Incident analysis       •   Spare parts
                                                                            •   Visual, IR, IV tests
                                                                            •   Accelerated testing




                                                                                                       11
2. Areas of activity




                                                   Key activities:
                       Plant diagnosis                 • Design review.
                                                       • Quality review.
                       Target segment: PV plants       • Performance review.
                       that have a mismatch            • Alarms review.
                       between the plan and            • O&M review.
                       actual generation.              • Pareto analysis.
                                                       • Options vs. cost.
                                                       • Recommendation
Energy modeling
                       PV plants in operation with
                       concerns on long term
2. Areas of activity


                       accuracy of economic model.


                       Key activities:
                          • Monitoring data review.
                          • Reliability, availability, power, losses, MPPT track.
                          • Insolation, temperature, humidity, soiling, shading.
                          • Statistical performance modeling.
                          • Gap analysis: actual vs. model.
                          • Statistical energy prediction.
                          • Economic impact and solutions.
Field tests:
                       Target segment: PV plants in operation
                        where issues are to be quantified.
2. Areas of activity



                       Key activities:
                          • Visual inspection.
                          • Infra-red scan.
                          • IV curves tracking.
                          • PR tests.
                          • 1 week evaluation.
                          • 1 month evaluation.
                          • 12 months evaluation.
Accelerated testing:
2. Areas of activity




                            Tests
                                          Systems           Replicate
                            under
                                            tests            failures
                            stress
                                       Te s t C e n t e r




                                                                        15
Looking to the future



          Motto: “Let’s do today a better future”




                                                16
Energy services:
                           Target segment: European companies with expert
3. Looking to the future

                           opinion needs and willing to externalize their non-
                           core activities.
                           o   Energy Service Companies.        o Architects & building companies.
                           o   Energy efficiency businesses.    o Public institutions.
                           o   Renewable energy businesses.     o End customers.
                           o   Building renovation companies.

                           Key activities:
                           o   Energy audits.                   o Preliminary and detailed
                           o   Zero emission designs.             engineering design.
                           o   Technology selection.            o Suppliers & Components
                           o   Technical specifications.          qualification.
                           o   Contract negotiation.            o Lean design and risk assessment.



                                                                                                 17
Solutions development:
                           Target segment: Residential or Commercial global
3. Looking to the future

                           market.

                                   o Patents under development.
                                   o Partners to be qualified.
                                   o Commercial and manufacturing plan to
                                     be developed.

                           Key Solutions:

                           o Solution 1:                o Solution2:
                           Net metering solution        Zero emission building design.




                                                                                    18
3. Looking to the future




                           Cleanergetic SEERS Solutions, S.L.U.
                                 www.cleanergetic.com
                                 info@cleanergetic.com




                                                                  19

Qp 020 12 Cleanergetic Solar Services Presentation V1

  • 1.
    Introducing: Cleanergetic SEERS Solutions Prepared for: [logo] Madrid, March 2012 Doc. Reference: QP_011_12 1
  • 2.
    Cleanergetic SEERS Solutions Content: Company Areas of Looking to Description activity the future Motto: “Let’s do today a better future” 2
  • 3.
    Cleanergetic SEERS Solutions Company description Motto: “Let’s do today a better future” 3
  • 4.
    Cleanergetic 1. Company Description SEERS Solutions Company founded in 2012 by 1. Company description Antonio Bautista. Cleanergetic SEERS Solutions provides independent consulting services and product development in the areas of renewable energy and energy efficiency. Cleanergetic SEERS Solutions, S.L.U. www.cleanergetic.com info@cleanergetic.com 4
  • 5.
    1. Company description Business principles: 1. Improve customer value. 2. Dependability. 3. Customer satisfaction. 4. Continuous improvement. 5
  • 6.
    Expertise: 1. Photovoltaic operations. 1. Company description 2. Customer service. 3. Engineering. 4. Asset management. 5. Holistic integration. 6. Contractual obligations. Resources: 1. Flexible human resources (intensity & geography). 2. Test center and on-site instrumentation. 3. Evaluation tools. 6
  • 7.
    References: 1. Selected option to investigate performance issues in 1. Company description two Spanish plants. 2. In partnership with a strong engineering company. 3. Pioneering photovoltaic industry with 15 years experience in the sector. 4. Services provided at a global scale: USA, Germany, Italy, Spain, Australia, India, China. 5. More than 200 MW in Asset Management. 6. More than 2 GW in project development and engineering designs. 7. More than 50 MW in product recalls. 8. 2GW warranty management. 9. Development of IEC standards. 7
  • 8.
    Areas of activity Motto: “Let’s do today a better future” 8
  • 9.
    Solar services: Targetcustomer profiles PV Asset owners. 2. Areas of activity Asset managers. O&M companies. PV manufacturers. Systems integrators. Financial institutions. Private investors. 9
  • 10.
    Solar services: Offerportfolio 2. Areas of activity Technical Engineering assessment Asset mgt. 10
  • 11.
    Solar services: Offerportfolio 2. Areas of activity Technical Engineering Asset mgt. assessment • Plant diagnosis • Basic eng. design • Plant repower • Tech. Due diligence • Detailed eng. esign • O&M definition • Perfomance analysis • Product qualification • Commissioning • Contract support • Reliability analysis • Integrity mgt. • Plant cerficication • Simulation • After-sales support • Root cause analysis • Quantified risk • Warranty support • Warranty fulfillment assessment • Quality checks • Energy Modeling • Incident analysis • Spare parts • Visual, IR, IV tests • Accelerated testing 11
  • 12.
    2. Areas ofactivity Key activities: Plant diagnosis • Design review. • Quality review. Target segment: PV plants • Performance review. that have a mismatch • Alarms review. between the plan and • O&M review. actual generation. • Pareto analysis. • Options vs. cost. • Recommendation
  • 13.
    Energy modeling PV plants in operation with concerns on long term 2. Areas of activity accuracy of economic model. Key activities: • Monitoring data review. • Reliability, availability, power, losses, MPPT track. • Insolation, temperature, humidity, soiling, shading. • Statistical performance modeling. • Gap analysis: actual vs. model. • Statistical energy prediction. • Economic impact and solutions.
  • 14.
    Field tests: Target segment: PV plants in operation where issues are to be quantified. 2. Areas of activity Key activities: • Visual inspection. • Infra-red scan. • IV curves tracking. • PR tests. • 1 week evaluation. • 1 month evaluation. • 12 months evaluation.
  • 15.
    Accelerated testing: 2. Areasof activity Tests Systems Replicate under tests failures stress Te s t C e n t e r 15
  • 16.
    Looking to thefuture Motto: “Let’s do today a better future” 16
  • 17.
    Energy services: Target segment: European companies with expert 3. Looking to the future opinion needs and willing to externalize their non- core activities. o Energy Service Companies. o Architects & building companies. o Energy efficiency businesses. o Public institutions. o Renewable energy businesses. o End customers. o Building renovation companies. Key activities: o Energy audits. o Preliminary and detailed o Zero emission designs. engineering design. o Technology selection. o Suppliers & Components o Technical specifications. qualification. o Contract negotiation. o Lean design and risk assessment. 17
  • 18.
    Solutions development: Target segment: Residential or Commercial global 3. Looking to the future market. o Patents under development. o Partners to be qualified. o Commercial and manufacturing plan to be developed. Key Solutions: o Solution 1: o Solution2: Net metering solution Zero emission building design. 18
  • 19.
    3. Looking tothe future Cleanergetic SEERS Solutions, S.L.U. www.cleanergetic.com info@cleanergetic.com 19