REFIT Programme of NamPower - Africa Energy Forum

Enertronica Company Profile1

Enertronica SpA is a company listed on The Milan stock exchange (ISIN:IT0004887409). Enertronica SpA operates in the field of

renewable energy and energy saving.

This company is characterized by: Industrial Experience (over 50 years of market presence and 120 employees) - Experience in industrial

design and energy - Local Renewable Energy Consultants - Highly skilled BBBEE partners. The company has a track list of

installed projects which total 100 MWp (Italy) and 10 MWp (South Africa) as well as PV Plants Under Construction: 165 MWp

(Enertronica South Africa (Pty) Ltd).

Currently Enertronica Group is engaged in the penetration in international markets with particular reference to South Africa, Namibia,

Morocco, Eritrea, Romania and Japan.

Enertronica South Africa (Pty) Ltd is one of group's company and was born from the know how and experience of Enertronica S.p.A., in

synergy with relevant BEE groups. The combination of long standing players in the Italian industrial and engineering realm, together with

the local expertise of South African entities, including well established BEE partners, has led to the origin of Enertronica South Africa.

Enertronica has started with the construction of, Adams 82.5MWp and Pulida, 82.5MWp PV plants, in SA with Enel Green Power, winner

of Round 3 of the REIPPP. The Scope of Works for both projects is Full EPC function.

In order to strengthen and expand its business into other sub sectors of the clean-energy-related industry, Enertronica, through M&A

operations, is entering in the energy storage branch especially in the Eritrean market in which the Company is beginning an ambitious

project. The capacity to store renewable energy is proving to be one of the most significant steps in the evolution towards a smart grid

system. Renewable energy, produce intermittent power but through the utilization of storage systems it will be possible to accumulate

energy when it is convenient or when there is abundance of it, an then to use it efficiently

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ENERTRONICA GROUP

Enertronica Company Profile

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TABLE OF CONTENTS

Who We Are and Technical Partners Capabilities07

Trekkopje Solar Project09Project Facts with Financial Summary11

Harambee Plan13

Namibia and Energy Facts03

Home to the oldest desert in the world, the Namib DesertCapital: WindhoekPopulation: 2,4MCurrency: NAD (1USD=13.99)Economic Activity: Tourism, Mining and Energy, Fishing and Agriculture

Sparsely populated country situated along the south Atlantic coast of Africa, and is the 34th largest country in the world, with a stretches for about 1 300 km from south to north and varies from 480 to 930 km in width from west to east. And previously known as South West Africa.


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About Namibia

Installed capacity ~ 460 MW

Interconnector ~ 600 MW

Max Demand in 2015 ~ 600 MW

Transmission network: ~11 000 km

Distribution network: ~22 000 km

Imports: > 60%

Anixas 22mw

22 MW

Van Eck Coal81 MWParatus

HFO 12mw

Ruacana Hydro345 MW

Installed capacity ~ 460 MW

Max Demand in 2015 ~ 600 MW

Transmission network: ~11 000 kmTransmission network: ~11 000 km

Distribution network: ~22 000 km

THE WINDOW ON NAMIBIA’S ENERGY STATUS

Supply


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STAKEHOLDER AND REGULATORY ENVIRONMENT


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ABOUT NAMIBIA RENEWABLE ENERGY PROCUREMENT


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WHO WE ARE

International DeveloperInternational IPPInternational EPC OperatorManufacturer and Technology SupplierEnergy Reseller

70% 70%Enertronica Company

Profile7

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ENERTRONICA PRODUCTS AND SERVICES

Enertronica offers the following services and products:

• Construction of solar power plants

• Energy storage and hybrid solutions

• Energy efficiency services

• Operation and Maintenance (O&M) services

• Design and distribution of components for photovoltaic systems

• Supply of high-quality LED lighting for public and private entities

• Reselling of electricity and natural gas to residential and corporate users throughsubsidiary Smart Utility

• Supply of domestic energy kits

• Supply of mounting systems and tracker production

Renewable energy and storage technology can offer Namibia freedom from its relianceon electricity imports. With the country’s electricity needs exceeding local supplycapacity and the steady escalation of electricity prices, a solution is desperately needed.That solution is Enertronica with its expertise in renewable energy.

Enertronica is a leading operator in the design and manufacture of innovative and sustainable energy solutions. With more than 50 years of experience backed by the combined experience of its senior management and independent senior professionals, Enertronica is the undisputed expert in renewable energy and energy conservation.


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The Trekkopje Solar Park is located near Trekkopje community, in the Region of Erongo, Namibia. The facility is 45 kilometers north-east far from Swakopmund, on the road to Usakos. Geographical coordinates of the site are: Lat - 11.282295° Lon - 41,738474°.The PV plant lies within the Trekkopje mining area, covering around 37,000 ha, and it is located in the immediate proximity of the substation feeding directly the Trekkopje mine area. The dedicated power line feeding both the three pumping stations and the Erongo Desalination plant departs from the same substation. The project is located on flat terrain, whose average elevation is approximately 500 m.

ERONGO REGION TREKKO

PJE SOLAR PARK

WALVISBAAI

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WHERE WE ARE

ABOUT TREKKOPJE PROJECT


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MORE ON THE TREKKOPJE SOLAR PROJECT

Enertronica Namibia and its partner Sertum Energy (Pty) Ltd are making history by developing Namibia’s first photovoltaic project under the Renewable Energy Feed-in Tariff (REFIT) Programme of NamPower. Enertronica has the financing and execution capabilities to unlock the potential of this project, as envisioned by Sertum Energy Namibia.

The Trekkopje Solar Project is a 5 MWp solar plant situated 45 km northeast of Swakopmund, close to the AREVA Uranium Mine. It marks the first phase of a 27 MWp plant compliant with NamPower’s REFIT Programme, which will eventually cover 50 ha. Construction of the 5 MWp plant is projected to be completed by the end of 2016.

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PROJECT FACT’S

Trekkopje Solar Project Facts

• 18,000 silicon PV panels The authorisation process of the following aspects is well• Monoaxial Tracker Technology underway:

• 66 kV power line• 5,700 kWp nominal power • Land lease agreement

• 50 to 60 people involved during the construction phase

• Generation licence

• Operation and Maintenance (O&M) period of 25 years • Environmental impact assessment

• Offer letter by NamPower

The prefeasibility study has already been completed, and the• Transmission Connection Agreement (TCA) by

NamPowerdesign and grid connection project developed. The followingaspects of the project have been authorised: Upon completion, the project will be able to supply energy to

the national grid for approximately 10,000 Namibian families for

• 27 MWp solar facilitythe next 25 years. This marks a major victory against Namibia’s

• 5 MWp under REFIT Programme looming energy crisis.


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EXECUTVE FINANCIAL SUMMARY- INVESTER PACK


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HARAMBEE PROSPERITY PLAN

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Electricity prices will escalate at ~15 % pa, until at least 2018. Under theseconditions, considered,

new PPAscanbe with

averageprices

*

equivalent to Nampower increase inenergy provided.

* Potential PPA price range

Government Target


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This document aim is to present an investment opportunity in Namibia (Trekkopje Region), in the renewable energy sector (Photovoltaic).The project is Independent Power Producer (25 Years) in Namibia, the facility is a ground Photovoltaic Plant, with the total capacity power of 5 MWp (DC).Namibia’s energy sector is excessively import-dependent, Namibia imports more than 77% of energy from Zambia & RSA. Supply from Eskom (RSA) may be interrupted at any time, a supplementary agreement may not be extended beyond 2015.The electricity demand exceeds the local supply capacities, so regional electricity supplies are significantly constrained. Investments in electricity infrastructures will further drive prices – up. Electricity prices have substantially escalated in the past years and will continue to rise up to a ~15% pa – until at least 2018. Mining companies, operating in Namibia, have a limited development program, due to the energy lack. In 2015 an electrical energy supply gap is expected .Currently our authorization development is compliant with standard procedures of national and regional criteria, as well as with Nampower’s standards. We achieved definitive EIA, IPP final license. The PPA is signed on 21 October with Nampowe fro 25 Years at 1,37 NAD/kWh.

Document aim

The poject

Opportunity

Development

Companies

Why Namibia

Enertronica SPA and Sertum Energy Namibia

SUMMARY OF THE PRESENTATION


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Interim REFIT Programme: 70 MW (licenses awarded) 14 generation licenses for 5 MW RE plants each

Solar PV Tender: 37 MW (Tender released)

Unsolicited license applications:

20 MW Solar PV (GreeNam) 44 MW Wind (Diaz)

Concentrated Solar Power: 50 - 200

Ground measurements EIA commenced Macro-economic study

MW (feasibility

stage)

UP COMING PROJECTS IN RENEWABLE ENERGY


Interim REFIT Programme: 70 MW (licenses awarded) 14 generation licenses for 5 MW RE plants each

Solar PV Tender: 37 MW (Tender released)

Unsolicited license applications:

20 MW Solar PV (GreeNam) 44 MW Wind (Diaz)

Concentrated Solar Power: 50 - 200

Ground measurements EIA commenced Macro-economic study

MW (feasibility

stage)

RE Pipeline in Namibia


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VITO NARDIVito Nardi is the Chief Executive Officer of Enertronica SpA. He holds a Degree in Electric Engineering and a Doctorate in Industrial Engineering from the University of Cassino, Italy. He has extensive experience in project management in the renewable and solar energy sectors.

DIRECTORS


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ELTON KATANGOLOElton Katangalo, Head of Business Development and Director of Sertum Energy Namibia, was instrumental in the establishment of the company. He holds a Bachelor of Technology in Business Administration from the Namibia University of Science and Technology. His business development and project management skills were honed over many years of experience in the telecommunications industry. He gained experience as executive director in the mining and construction company Mavro & Dynami Investment.

DIRECTORS


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16 Enertronica Company Profile

Suite 501 The Point, 76 Regent Road Sea Point, 8005Cape Town, South Africa

Mr. Elton Katangolo Tel: +264 85 551 0305E-mail: [email protected]://www.dropbox.com/sh/c6pf4dz369mg5qm/AABqgE185TMU_khGw1sZZq5Ca?dl=0

mailto:[email protected]

https://www.dropbox.com/sh/c6pf4dz369mg5qm/AABqgE185TMU_khGw1sZZq5Ca?dl=0

https://www.dropbox.com/sh/c6pf4dz369mg5qm/AABqgE185TMU_khGw1sZZq5Ca?dl=0