Power Tower Renewable Energy For Botswana CONTENTS POWER TOWER PROJECT 2 Power Tower Renewable Energy For Botswana POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Project Generating 250MW of electricity from a renewable INTRODUCTION 3 The Project Generating 250MW of electricity from a renewable source (the sun), rather than by burning fossil fuels Creating the largest renewable energy project in Africa Improving Botswana’s self-sufficiency in energy Potential to generate 5,000 jobs in secondary industries Setting a trend in renewable energy for Africa POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Why Botswana? Highlighted by the World Bank as one of the most suited INTRODUCION 4 Highlighted by the World Bank as one of the most suited locations for this type of project & technology We need energy Increasing demand in the region will place strain on existing fossil fuels and water resources Country represents the best location from a political, business and economic viewpoint POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Tower (1) Pilot Plant in Spain 9 year trial program INTRODUCION 4 5 Pilot Plant in Spain 9 year trial program All data on record German Technology POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Tower (2) ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT 6 6 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Tower (3) ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT 7 7 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Tower (4) ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT 8 8 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Tower (5) ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT 9 9 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Location (1) ADVANTAGES OF PROJECT IMPLEMENTATION 10 10 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

The Location (2) ADVANTAGES OF PROJECT IMPLEMENTATION 11 11 ADVANTAGES OF PROJECT IMPLEMENTATION POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Project Essentials Project cost estimate Euro 500 million ADVANTAGES OF PROJECT IMPLEMENTATION 12 Project cost estimate Euro 500 million Output = 250MW Revenues: Electricity Generation = Euro 70 million/year Agricultural Produce = Euro 10 million/year Kyoto Protocol/Carbon Credits = Euro 2 million/year Operating Costs = Almost Zero! POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Project Benefits Exporting of Power ADVANTAGES OF PROJECT IMPLEMENTATION 13 Exporting of Power Secondary Industries (Agriculture, Glass, CO2 credits) Reduce cost of power to the railways Cost effective energy for industry Long term, sustainable & affordable energy Job creation Leaders in renewable energy POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Letters of Support (1) Ministry of Minerals Energy & Water Affairs DISADVANTAGES OF NON-IMPLEMENTATION 14 Ministry of Minerals Energy & Water Affairs POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Letters of Support (2) Botswana Power Corporation DISADVANTAGES OF NON-IMPLEMENTATION 15 Botswana Power Corporation POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Current Status Proposal developed by Project Promoters PROPOSAL SUMMARY 16 Proposal developed by Project Promoters Project concept supported by various ministries Project approved by Ngwato Land Board (Sept 2007) Awaiting draft lease from land Board including conditions precedent (EIA) Agreement with technology provider in place Reviewing additional technology options POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA

Moving Forward Secure lease agreement EIA (6 months) PROPOSAL SUMMARY 17 Secure lease agreement EIA (6 months) Finalize Funding Structure, IPP, Off-take (3 months) Design and Tender (4 months) Award & Construction (24 months) Commissioning (6 months) Fully operational (30 months) POWER TOWER PROJECT RENEWABLE ENERGY FOR BOTSWANA