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Investor Presentaiton

Evolution of average solar prices in auctions, January 2010- September 2016 NCRE USD/MWh 350 300 250 Peru 200 150 100 50 South Africa India France Morocco Jordan USA Brazil Zambia Germany ⚫ China Argentina -Mexico Chile Saudi Arabia 0 UAE (Dubai) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 ΟΙ Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2010 2011 2012 2013 2014 2015 2016 Source: IRENA, 2017 35
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