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Energiz Renewable, Inc.An International Integrated Renewable Energy Company
Trading Symbol CGDA.OTC-BB
June 17, 2010
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ERI Mission ERIs vision is to become an international vertically integrated renewable energy
company. ERI is now implementing its unique business model by initially
establishing itself as a vertically integrated solar energy company, from ongoing
research & development, production of solar panels through installation, project
development and management, including being an Independent Power Producer
(IPP). As an IPP, ERI will generate 20 plus years of cash flow from the production
of power. ERI currently has over 560 MW of selected projects.
ERI has entered into a Joint Venture Agreement with the owners of technologies to
develop new solar processes to increase the efficiency and lower the cost of the
modules.
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Collaborative Experience
ERI management has looked at renewable energy concepts since 1984; Our Chairman
has 7 years of clean energy experience. A Director of ERI was elected 4 times inEnergy to the Institutional Investor Magazine All - America Research Team.
ERI has accumulated through its JVA 30 years of experience in building energy
facilities, in Vincent Industrie. An additional 20 years of Research & Development in
Solar Photovoltaic Systems, by Apollon Solar.
Over the last four years our ERI country partners have been in the field developing
power projects. Energiz International, France Energiz SA, GEMAS Italy, Romania and
Canada WREG have selected 560 MW of power projects for ERI.
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T I PT Technology
- Maintaining the competitive advantage
- 20 Years of solar photovoltaic R & D
I Integration- Business Operations & Human Resources
P Power- Generating a 20-25 year cash flow
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Demand For Renewable
Alternative energy is at an early stage in what we see as a 50-year shift in the worlds
energy mix. Global market cap of $220 billion has significant upside both throughappreciation and the addition of new companies. After under performance in 2008 and a
respectable rebound in 2009, we expect moderate out performance this year with better
prospects in 2011-12.
*Source B of A Merrill Lynch Global Research
As just one example of future demand, Italy has a European goal to reach 8,000MW of
photovoltaic installation by 2020. This will result in an increase of growth of 700% in the
next 10 years.
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2008 2009 2010E
-
1,000
2,000
3,000
4,000
5,000
6,000
7,000
8,000
9,000
10,000
WW
Solar Demand
Germany Spain Japan USA
Italy France Greece China
ROW India South Korea Australia
Belgium Canada Czech Republic
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Solar As A Solution
The earth receives more energy from the sun in just one hour than the world uses in
a whole year.
Solar Energy (photovoltaic) prices have declined on average 4% per annum over the
past 15 years. Progressive increase in conversion efficiencies and manufacturing
economies of scale are the underlying drivers.
Solar Energy demand has grown at about 30% per annum over the past 15 years
(hydrocarbon energy demand typically grows between 0-2% per annum).
IEA releases studies finding that solar power could account for about 22% of global
electricity production by 2050. Currently solar does not account for 1%. Terrificgrowth going forward.
.
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The JVA allows ERI to benefit from:
Controlling production quality
Integration of future cell technology
Development of new Solar concepts
Increase energy production andprofitability
Leveraging Technology
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Vincent Industrie has over thirtyyears experience in energy.
Their energy clients include nameslike GE, Siemens and more.
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Leveraging Technology (Cont.)
NICE technology allows ERI to:
Dramatically decrease the
manpower needs
Reduce maintenance
Improve quality through replication
Increase long term output of power
Control the availability of panels for
projects
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Vertically Integrated
ERI will focus on developing factories inkey countries which present a combination of
government incentives and proximity to
logistic facilities and target markets.
ERI also is developing a pipeline of local
PV power producers intended to be the key
purchasers of panels produced by local
factories.
ERI currently has 560 MW of selected
projects.
Ongoing R&D through our JVA with
Apollon, with large funding through grants.
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R&D Productdevelopment
Solar moduleproduction
Solar roofs &farm plants
New Energyprovider
Vincent Industries
Apollon Solar Energiz sa
JVA (France)Solar technologies
GEMAS
JVA (ITALY)Storage & air
WREGJVA (Canada)
Plankton & biomass
ENERGIZ srl100% (Italy)
ENERGIZ srl100% (Romania)
ENERGIZ sa49% (France)
ENERGIZ srl100 %(Israel)
ENERGIZ srl100% (Canada)
ENERGIZ srl49% (Tunisia)
GEMAS 3EEPC (Italy)
WREG- SGEEPC (ROMANIA)
Energiz saEPC (France)
S.M.R energyEPC (Israel)
WREG - SGEEPC (Canada)
ERI POWER srl100% (Romania)
ERI POWER100% (France)
ERI POWER100 %(Israel)
ERI POWER100% (Canada)
80%
Energiz Renewable, Inc.Trading SymbolCGDA.OTC-BB
ERI POWER srl
100% (Italy)
R&D Productdevelopment
Solar moduleproduction
Solar roofs &farm plants
New Energyprovider
ENERGIZ srl100% (Romania)
ENERGIZ sa49% (France)
ENERGIZ srl100 %(Israel)
ENERGIZ srl100% (Canada)
ERI POWER srl100% (Romania)
ERI POWER100% (France)
ERI POWER100 %(Israel)
ERI POWER100% (Canada)
ERI POWER srl
100% (Italy)
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Factories & Power Projects
ERI Solar module
production
ERI New Energy
producer
ENERGIZ srl 100% (Italy)
ENERGIZ srl 100% (Romania)
ENERGIZ INDUSTRIES SA 49%(France)
ERI POWER srl100% (Italy)
ERI POWER srl100% (Romania)
ERI POWER100% (France)
Bari / Caserta plant 40MWBolzano / San Marino plant 40MW$64M including working capital
Harman plant 40MW$32M including working capital
Lyon plant 20MW
$5.5M including working capital
123 MW 36 months
156 MW 36 months
79 MW 36 months
ERI POWERAlbania 100%
ERI POWERBalkan 100%
Venice & San MarinoParticipation in pilot/showroom & productionproject $7M
ENERGIZ Ltd 100% (Israel)
ENERGIZ Inc. 100% (Canada)
plant 40MW$32M including working capital
Cornwall plant 40MW$32M including working capital
ERI POWER100% (Canada)
ERI POWER100% (Israel)
110 MW 36 months
90 MW
36 months
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Italy
MIND srl - Engineering world wideModena / Chennay (India)
110 engineers
35 Italy -65 India 10 canada
DirectorVito G. Truglia
Tech DirRoberto Terranova
G. Frangipane
25 installers andtechnical staff
R&D teamProject on PVperformanceRenewable energystorage.
France
DirectorC. Archambault
Tech DirSophie Llorado
Lionel BerthomierYves Christian
15 installers andtechnical staff
R&D teamProject on framingsystem, electriccomponent and PVperformance, wafer
& cell process.
Romania
DirectorDenis Marceau
Tech DirMihai BadulescuMarius Vaduva
Ovidiu Badulescu
Israel
DirectorShuka Carmeli
Tech DirBendov Carmeli
R&D teamWorking PVperformance,thermal and hybridsolar product.
Canada / US
DirectorJ.E. Tremblay
Tech DirP. J. EustacheSylvio Poulin
R&D teamProject on renewable energy integrationPhotoBioReactorElectronic automation through software
GEMAS SOLAR ITALIA SRL145 people 258 000 engineering & project management hours
3E srlTorino / Bologna / Cserta
4 engineers
6 project manager
Eliosis srlCaserta / Bari
20 engineers 10 technitians
5 project managers
Operational Resources &Sub Contractors
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Working on a frame / module system as a piece
of roof or power plant with the objective to
achieve the overall cost per Wp well below
current price..
ERI Development
ERI is acting to reach a
Crystalline Silicon product at a
significant reduction of cost
per Wp by 2013.
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ERI Development (Cont.)
GEMASCOMPRESSOR &ENGINE
On the module development :
Super cool panel, allow efficiency increased by 20%
Intelligent panel integrating embedded technology
Solar / thermal hybrid systems
Tracking & framing system
Building automation embedded softwareand control system for energy saving
A unique possibility to offerautonomous off grid system
STORAGE SYSTEMFor renewable energy storage
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P&L1 2 3 4 5 6 7 8 9 10
Total Revenues - 63,436 112,126 112,126 112,126 112,433 112,126 112,126 112,126 112,433
Gross Margin 0% -7% 25% 25% 25% 26% 25% 25% 25% 26%
Ne t Pr ofit (372.2) (14,106.8) 1 3,745.4 10,216.8 10,099.9 10,715.4 10,762.0 10,852.5 10,687.8 11,046.4
ROI -1% -47% 59% 61% 62% 67% 68% 71% 72% 78%
Cash Flow1 2 3 4 5 6 7 8 9 10
( 13,879.6) ( 16,171.6) 14,642.3 11,113.7 11,089.6 11,466.9 11,625.5 11,716.0 11,663.4 11,798.0FCFO
Numbers at a Glance *ERI has committed $10 million to the JVA and 1.6 million shares, valued at $8 million, to
implement the JVA, including the new license agreement.
Total investment for the base model (one factory with 2 lines) is approximately USD32 million and
includes ~USD 18.5 million for CAPEX and ~USD13.5 million for OPEX.
Base Model revenue is projected to stabilize after the first three years when the factory will reach its
full capacity, with more than USD112 million revenues.
Each line functions on 4 daily shifts with maximum production capacity of 20 MW/year per line, and 40
MW/year production per factory.
Project IRR on a 10 year projection is 32% (on FCFO).
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(20,000)
(10,000)
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
110,000
120,000
1 2 3 4 5 6 7 8 9 10
Total Revenues EBITDA
Numbers at a Glance (Cont.) *
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Numbers at a Glance (Cont.) *
(20,000.0)
(10,000.0)
-
10,000.0
20,000.0
30,000.0
40,000.0
50,000.0
60,000.0
70,000.0
80,000.0
90,000.0
100,000.0
1 2 3 4 5 6 7 8 9 10
Total Liabilities Total Equity
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* This report contains forward-looking statements. Statements in this report that are not historical
facts, including statements about managements beliefs and expectations, constitute forward-lookingstatements. These statements are based on current plans, estimates and projections, and are subjectto change based on a number of factors, in our most recent annual report on Form 10-K, and anyupdated risk factors we include in our quarterly reports on Form 10-Q and other filings with the SEC.Forward-looking statements speak only as of the date they are made, and we undertake no obligationto update publicly any of them in light of new information or future events.
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T I PT Technology
- Maintaining the competitive advantage
I Integration- Business Operation & Human Resources
P Power- Generating a 20-25 year cash flow
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David Brown, Chairman
Phone: +972-9-772-9473Email: [email protected]: +972-544-619285Skype: DavidSettler
Edward T. Whelan, President & CEOPhone: +1-732-335-1152
Email: [email protected]: +1-732-319-9235Skype: EdTWhelan
Pierre Villeneuve, Exec VP of OperationsPhone: +33-6-076-48629Email: [email protected]
Mobile: +33-514-843-8122Skype: pvilleneuve
Corporate Contact List
Sean M. Whelan, VP Investments
Phone: +1-732-203-7220Email: [email protected]: +1-704-604-3289Skype: SeanMWhelan
Yosef Brown, VP Research & DevelopmentPhone: +972-9-772-9473
Email: [email protected]: +972-522-464570Skype: RYNB123
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Jean Eudes TremblayDir. Energiz Renewable CanadaEmail: [email protected]
Mobile: + 1 514 235 22 99
Pierre Jean EustacheTech. dir. Energiz Renewable CanadaEmail: [email protected]
Michael H.Wolf, CEO Energiz Renewable Israel LtdEmail: [email protected]: +972-522-464570
Skype: michaelhowardwolf
Vito G. Truglia, Dir Energiz Renewable ItaliaEmail: [email protected]: +39 335 62 66 755
Roberto TerranovaTech Dir. Energiz Renewable ItaliaEmail: [email protected]: +39 335 76 36 816
Denis Marceau, Dir. Energiz renewable RomaniaEmail: [email protected]: + 40 368 429 864
Mihai BadulescuTech. Dir. Energiz Renewable RomaniaEmail: [email protected]
Operations Contact List
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