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Investor Presentation

System voltage 1,500 Vdc Helical screw bank anchor PV modules Floats/ pontoons Module efficiency 19-20% Elastic mooring line Anchoring Overview of FPV Systems Transmission Combiner box Depth 25-100m Transformer Central inverter Percussive bank anchor Figure. Schematic of Typical FPV System Surrounding topography Input from other arrays Modules: Same PV technology as ground-mount or rooftop PV, with the emerging potential for tracking and/or bifacial panels. Site: Typically sited on artificial waterbodies (e.g., reservoirs, retention ponds, etc.), with emerging applications on natural waterbodies, both inland and offshore. Structure: Platforms consist primarily of high-density polyethylene (HDPE) floats, with potentially different considerations for offshore sites. Anchors and mooring lines minimize lateral movement of the system. Racking material is similar to land-based PV (e.g., stainless steel). Electrical Components: Similar equipment as a land-based PV installation, with some different considerations for freshwater or marine environments (e.g., electrical cables connecting the modules to each other, and connecting the modules to the central inverter). Source: Ramasamy and Margolis (2021) Figure: Alfred Hicks, NREL 65944 NREL | 6
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