For our communityFor our future

Introduction

Who is Zhenfa?• Renewable energy development in Canberra since 2011

• Successful proponent of the ACT Solar Auction Scheme 2013

• Project Developer and Investor for more than 600MW of Solar Farms in China

• Engineering, Procurement and Construction for over 1.5GW of Solar Farms

• Independent Power Producer (IPP) in China

Our Vision

… is a world in which we co-exist through sustainable means

Our Mission

… is to deliver and integrate into society the most affordable renewable energy systems through economic and environmentally sustainable development

Company Details

• Initial development funds of $750,000 came from China• Zhenfa Australia employees and executives are all Australian

Citizens• 20 Full-time employees in Sydney• 10 Full-time employee opportunities in Canberra expected in

2014• More than 50 workers to be employed on the MLSP and CSP

during construction• Strong focus on local contractors and skills

Mugga Lane Solar Park (MLSP) and Community Solar Park (CSP)

• Parallel design and construction• Significantly lower project risks• Less time… Better finishes• Economies of scale i.e. lower costs• Lower environmental impact• Minimal waste production• Minimal traffic movement

2014

PLANNING: Development Approval & Network Technical Study

DESIGN: Civil & Electrical

CONSTRUCTION

TIMELINE COMMUNITY SOLAR & MLSP

JULYMAYAPRMARFEBJANNOVOCTSEPAUG DEC JUNE

2015

---------------------------------------------------------SECURING COMMUNITY FUNDING----------------------------------------------------------------------------

↑ SUBMISSION OF TENDER

↑ CONTRACT AWARD

↑ COMMISSIONING

↑ START PROCUREMENT

DESIGN: Civil & Electrical

CONSTRUCTION: Civil & Electrical

PROCUREMENT

ActewAGL GRID CONNECTION AUGMENTATION

TESTING

COMMISSIONING ↑

Community Solar

MLSP

Details of the Community Solar Farm

• Solar PV DC Size: 1.2MW• Estimated total cost of development: $2,650,000• Expected IRR: 6% - 7% P.A.• Plant Design Life: 30 Years• First Year Yield: 1,740 MWh• Proposed CFD Price: $200/MWh• O&M Cost Estimate: $58,000 P.A.• First Year EBITDA: $300,000 (Pre-Tax)

Structure Under Consideration