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Investor Presentaiton

Progress across the full set of costs is required to increase commercial viability and deployment LCOE Drivers Finance Channel Local Margins PV LCOE now <$200MWHr 0,1 Single crystal, evaporated contacts Screen printed metal Wire saws Other Hardware, Civils, Install, Land, O&M costs 70-80% of employment in these areas $5.00 1978 Installed Cost of Electricity S/kWh $0.50 Textured mono Aluminum BSF Cumulative production GigaWp 10 100 1,000 7% Global Generation from PV Cast multi Point contact mono Passivating SN iso-texture multi $0.20 Today Retail Natural Gas Electricity Global Grid Parity 2015 costs Wholesale Coal Electricity $0.05 2020 Solar Device Technology IP key value Source: Professor Emanuel Sachs, Massachusetts Institute of Technology Assumes annual production growth of 35% and an 18% learning curve. PV costs based on 18% capacity factor and 7% decounte Australian Government Australian Renewable Energy Agency www.arena.gov.au 15.
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