SPUL Power and Cooling as a Service

Seminar on Hybridization

Consulate General of the Federal Republic of Germany

And

Delegation of German Industry and Commerce in Nigeria

Lagos, Nigeria

24th July, 2019

18 MW Installed Generating Capacity

15.5 MWh Installed Battery Storage

6,300HP Installed Energy Efficient Cooling Capacity

2.5 MW Solar Stock in Lagos Warehouse

Power & Cooling as a Service

2016 2017 2018 2019

•AIIM and Helios lead a US$30m investment round

2020

•Expand our footprint beyond Nigeria with existing and new clients

•Helios deploys additional capital and Human Resources to enable a 30 sitepilot

•StarSight develops projects in 33 States of Nigeria

•StarSight reaches 200 Operational Project Milestone

•US$40m Capital Budget for 2019

•Helios acquires the assets of SNL and renames the business Starsight Power Utility Limited

2015

Our Investors:

US$3.2bn Funds Under Management US$2bn Funds Under Management

Our Sectors:

OUR JOURNEY

Powering by Numberso 18 MW Installed Generating Capacity

o 9.5 MW Solar Capacity

o 8.5 MW Diesel Generators

o 330 Employeeso 84 Full Time Staffo 246 SS Certified Subcontractorso Over 10,000 Manhours of Training

Completed in 2018

o 252 Operational Projectso 33 States of Nigeriao 99.9% Uptime Life to Date

o 15.5 MWh of Installed Battery Storage

o 6,300 HP Installed Cooling Capacity

Current Locations

Our Green Credentialso 280,000 Litres of Diesel Displaced per Month

o Fully Sound Suppressed Diesel Generators

o 5% to 35% Project Energy Reduction

o 24/7 Operational Monitoring of all Projects viaDedicated NOC Centre

o 500m2 of Dedicated Office Space

o 1400m2 of Dedicated Warehouse Space

o Cradle to Grave Tracking of Batteries

o Documented Hydrocarbon Waste Management

o QA/QC Management Process with ComprehensiveSix Sigma Training

HYBRIDIZATION AND RENEWABLE ENERGYSolar Energy Biomas Solutions Diesel Engines

A wind turbine, or a wind energy converter, is a device that converts the wind's kinetic energy into electrical energy. Wind turbines are manufactured in a wide range of vertical and horizontal axis

WIND

Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics, indirectly using concentrated solar power, or a combination. Concentrated solar power systems use lenses or mirrors and tracking systems to focus a large area of sunlight into a small beam.

Biogas technology, the generation of a combustible gas from anaerobic biomass digestion, is a well-known technology. In Germany and other industrialized countries, power generation is the main purpose of biogas plants; conversion of biogas to electricity has become a standard technology.

A diesel engine solution is where diesel engine with an electric generator (often an alternator) to generate electrical energy. A diesel compression-ignition engine is usually designed to run on diesel fuel, but some types are adapted for other liquid fuels or natural gas.

An LPG/Natural gas engine solution is where natural is used in the place of diesel or petrol to generate power. The solution is not usually considered to be part of therenewable energy portfolio however, it offers lesser carbon emissions than other hydrocardon driven enignes.

BATTERY STORAGE

Hybridization in renewable energy is the use of multiple sources of energy to generate electrical energy. The Primary Source of electricity is the grid while other sources of power supplement.

Other sources of Renewable Energy• Hydro-Electric• Radiant• Biogas• Geo-thermal

Choice and model of hybridization is dependent on the available sources of renewable energy.

Electrical energy that is being produced from the various sources of power can be stored in battery banks for further usage.

Gas Engines

COMBINED PV AND COOLING SOLUTIONS

Assumptions:• Panels rated output of

320W each• 7 Solar Hours• Operating 30days

Total of 67kWh per Month

Number of Panels – 8Roof Space required – 140 square feet

Conventional 2HP Split ACs operating for 12hrs

Energy Saving 2HP Split ACs operating for 12 hours

Number of Panels – 5Roof Space required – 88 square feet

Challenges and Opportunities

CHALLENGES

• Naira based revenue with 90% US dollar capital

inputs.

• Uncertain FX variables (Naira/USD 40% deflation

in past 4 years).

• Long lead time of product importation (3 - 4

months).

• Regional security challenges.

OPPORTUNITIES.

• Huge availability of a youthful, well-educated

talent pool.

• Requirement for additional power capacity in all

sectors.

• Favourable environment for solar installations.

• Potential for energy efficiencies.

Questions Please ?

www.starsightlimited.com