PV PROJECT Crangurile (RO) 3,2368 MWp

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PV project – Crangurile 3,2368 MWp

Main items Data

Project name PV plant Crangurile

SPV SC Mobile Team Solar Grup

Site Crangurile de Jos

Plot size 5,58ha

Installed capacity 3,2368 MWp

Start of construction

10/2012

Specific output (kWh/kWp)

1284 kWh / 1kWp

Grid operator Electrica Montenia Nord

„Feed in Tariff „ - price for electricity - 6 x Green certificate ___(min 29€/MWh/GC)

GPS 44° 43' 58", 25° 13' 40"

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STATUS QUO

3

Documentation status

Construction finalization Januar 2013

Grid connection April 2013

Start of production April 2013

License for the production of electricity April 2013

Authorization for 6 Green certificates April 2013

Sale Purchase Agreement for Electricity June 2013

Sale Purchase Agreement for GC June 2013

Important contracts

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Sale Purchase Agreements

Sale Purchase Agreement for Green certificates

SC Repower Furnizare Romania SRL

Sale Purchase Agreement for Electricity

SC Repower Furnizare Romania SRL

Contracts for O&M

Servicing company of PVP Solartec, s.r.o.

Insurance Contracts

Insurance company SC Gothaer Asigurari Reasigurari SA

Land ownership

Land ownership In sole property of the SPV Mobile Team Solar Grup SRL

FVE 3,236 MWp

Investment locality - Crangurile

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Parameter Data

Locality Crangurile de Jos

Region Dâmbovița

Land owner SPV

GPS 44° 43' 58"N, 25° 13' 40"E

Elevation 202 m

Cadastral info Parc. nr. 450/20, 450/48, 450/49, 450/67, 450/67/1 Crangurile de Jos

Plot size 55 800 m2

Site info Flat, no shading

Key PV power plant parameters:

PV modules SunOwe 3,2368 MWp SF 156x156-60 P230 3080pcs 708 400 Wp

SF 156x156-60 P235 5040pcs 1 184 400 Wp

SF 156x156-60 P240 5600pcs 1 344 000 Wp

TOTAL 13 720pcs 3 236 800 Wp

2x 1,6MVA transformers

Guarantee for 5 years for whole PV power plant

+ extended guarantee of PV modules 10-year quality guaranty of product material and process

12-year guaranty of product output power≥90%

25-year guaranty of product output power≥80%

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Key components parameters

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PV modules SunOwe

Key components parameters

8

Inverters Vacon RS-I20-0460-3

PV panel situation proposal

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3,2368 MWp

Legislation of RES Law no. 220/2008 for the settlement of the promotion system for electricity produced from renewable energy sources amended and republished

Government Decision no. 1069/2007 regarding the approval of the Romanian Energy Strategy for 2007-2020;

Decision no. 750/2008 for the approval of the Regional State Aid regarding the maximum use of the renewable energy resources;

Government Decision no. 1232/2011 for the approval of the Regulations of the emission and pursuit of the origin certificates for the electricity produced from renewable sources.

Regulation of ANRE „Number 14“ from 5th of March,2014 declares minimum and maximum values GC as follows: minimum price of 1 GC is 130,69 RON (29,280 €)

maximum price of 1 GC is 266,22 RON (59,647 €)

Government Decision No. 57/2013 amended by law 23/2014 on setting-up of GC purchase quota and postponing of 2/6 GCs until 01.04.2017

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Feed in Tariff and Taxes Feed in Tariff

1MWh = 6 x green certificate (GC) + electricity price

4 GC/MWh for immediate trading + 2 GC postponed until year 04/2017

1 GC = 29,280 – 59,647 € (it depends on GC market situation)

The average price for GC in 2013 was 42,66 €

Produced electricity sold for electricity market price (ca. 0,026€/kWh)

Worst scenario electricity price - 6*29,28/1000+0,026 = 0,202€/kWh

Expected scenario – 6*42,66/1000 + 0,026 = 0,282€/kWh

(and incraesed by expected inflation rate of 2% /year)

GC title is valid for 15 years from date of operation (until 04/2028)

Corporate Income Tax Act corporate income tax of 16%

Exchange rate used by ANRE is average for December 2013

1 € = 4.4633 RON

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BASIC DATA

Established: 1993

Seat (headquarters, production): Roznov p. R., Czech Republic

Legal Form: private limited (s.r.o.)

Shareholder: Matej Rehak 100%

Basic Capital: 26,5 mil CZK (1,04 mil EUR)

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Turnover (m€) Employees

2006 4,9 80

2007 5,1 60

2008 11,1 55

2009 10,5 56

2010 80,6 68

2011 58,0 68

2012 18,48 70

2013 18,96 102

0

500

1000

1500

2000

2500

2006 2007 2008 2009 2010 2011 2012 2013

turnover mil. CZK

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1989 – PV cells production’s technology development beginning

1993 – SOLARTEC s.r.o. established - From TESLA R&D during privatization – beginning of solar cells production

1997 – the first SOLARTEC’s turn-key PV installation

– beginning of turn-key services

2004 – the first foreign development aid PV project

2008 – new 5“ and 6“ SC Production line

– and Concentrator SC, customized SC

2009 – the first large ground PVPP EPC – 2 MWp

2011 - biggest PV project in Slovakia, total of 23 MWp

MILESTONES

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poly-Si PV module

Sub-

-construction

and Inverter

Si

Wafers

Silicon

Ingots

Solar

cells

Suppliers' SOLARTEC

Partners

(FRONIUS)

Operation

Services

of PVPP

Design, EPC, O&M Contracts

Design,

Projection

and installation

PRODUCTION AND SERVICES

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PV PP whole care

Centralized Monitoring

specialized software for statistics

detail statistical analysis of PVPP performance from inverters data

client’s software

Maintenance & service

Depth diagnostics and analysis of solar panels

Characterization of PV systems and SP and SC

Solartec Maintance & Services

Czech Republic - CZ

16

2,0 MWp

Čejč, 10/2009

PV PP REFERENCE

Romania - RO

17

4,023+2,45 MWp

Deta + Sagu 12/2013

PV PP REFERENCE

Serbia - SRB

18

0,996 MW

Beočin 5/2014

PV PP REFERENCE

Romania - RO

19

3,4+3,2MWp

Crangurile+Butimanu, 1/2013

PV PP REFERENCE

Ukraine - UA

20

4MWp

Ukraine – Radcha, 4/2013

PV PP REFERENCE

France - F

21

38x 60Wp

France12/2011 reconstruction of the historic buildings of the farm (Special Building integration PVGlass,)

PV PP REFERENCE

Slovakia - SK

22

3,3 MWp

Brezová, 8/2010

PV PP REFERENCE

Italy - IT

23

1MWp

Sicily, Italy, 12/2010

PV PP REFERENCE

Slovakia - SK

24

23x 1MWp

Ľadovo – Lučenec, 6/2011

PV PP REFERENCE

Bulgaria - BG

25

1,1+2,15MWp

Bulgaria – Kula, 7/2012

PV PP REFERENCE

Solartec’s Corporate

26

Headquarter

European daughter

European office

SOLARTEC s.r.o. Televizní 2618

756 61 Rožnov pod Radhoštěm

Czech Republic

Mobile: + 421 948 103 401

Phone: + 421 244 643 222

info@solartec.sk

www.solartec.eu

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