Mcghee Investor Presentation

How cheap does PV need to be to compete w/ coal? Average power price per households, $ per kWh¹ Denmark ⚫ California Tier 42 California Tier 5² Size of electricity market TWh¹ a year Italy Grid parity³ as of Today Netherlands 0.30 Norway Germany Hawaii Sweden United Kingdom Japan Australia 0.20 California Finland France New York Spain Texas 0.10 South Korea Greece China 0 500 1,000 J N India 1,500 2,000 Annual solar energy yield, kWh/kW₂1 Cost per watt at peak hours, $ per Wp1 2020 Source: CIA country files; European Photovoltaic Policy Group; Eurostat; Pacific Gas & Electric (PG&E); Public Policy June 2008 Institute of New York State; McKinsey Global Institute analysis

View entire presentation