Cleantech America ACWA Presentation

CalRENEW-1 Mark Stout, MA Energy and Resources Vice President, Renewable Technology May 5, 2010 5 MWac Solar Farm ACWA 2010 Spring Conference Nuts and Bolts of Utility-Scale Solar

CalRENEW-1 First In California Aerial photo looking northeast on December 2, 2009 5MWac utility-scale photovoltaic (PV)solar farm on 50 acres First utility PV PPA signed under California RPS First PV facility to successfully secure transmission level interconnection in California

Cleantech America - a Meridian Energy company ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Largest electric generator in New Zealand 100% renewable portfolio Long-term commitment to renewables development Focus on long-term ownership of renewable assets

Utility-Scale PV Solar Development Challenges © 2010 Cleantech America, Inc. Confidential ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ The Goal” Commercial Operation

Success Requires Teamwork ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

CalRENEW-1 demonstrated PV viability, Cleantech America’s know-how ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Technology Details ,[object Object],[object Object],[object Object],[object Object],Photovoltaic technology with projected 35 year economic life

Solar Farm Layout 25 degree fixed tilt installation Azimuth of 18 degrees west of due south, maximizes Time Of Delivery revenue

Local Hiring Program Local Hiring plan statistics: three communities versus time

Operations & Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Project to benefit from Meridian Energy’s commitment to safe and reliable operations

CalRENEW-1 is one of the first facilities to comply with the new CAISO Participating Intermittent Renewables Program (PIRP) Solar Telemetry Requirements

Cleantech America ACWA Presentation

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Cleantech America ACWA Presentation