1. “Efficient Distributed Energy Begins Here” Distributed Power Solution Based on Advanced High Temperature PEM (HT PEM+) Fuel Cell Technology Mohammad Enayetullah Fuel Cell Seminar 2015 Los Angeles, CA November 16-19, 2015

2. Trenergi info@trenergi.com Company Confidential Talking Points Today Distributed Energy – What it offers Technology trends/parallels Plentiful market opportunity Trenergi’s HT PEM + solution Prototype demos./results Our thoughts, and Yours??

3. Trenergi info@trenergi.com Company Confidential The Need For Distributed Energy Is decentralized rather than at the hub of a grid Generates power from fossil fuel, wind, solar, etc. Avoids the cost and unreliability of the grid Efficiency gains from smaller sources closer to the demand Provides power more economically, reliably and securely than new grid development Generally has lower environmental cost Provides power for stand-alone and mobile uses Distributed Energy:

4. Trenergi info@trenergi.com Company Confidential Telecom Revolution Wired grid Wireless

5. Trenergi info@trenergi.com Company Confidential Computing Revolution

6. Trenergi info@trenergi.com Company Confidential Power Generation Trend Coal Natl. gas Nuclear MEGA PLANTS Wind Solar Hydro RENEWABLES DISTRIBUTED GEN. Diesel Gen. Fuel cell Doosan/UTC Bloom

7. Trenergi info@trenergi.com Company Confidential Markets for Distributed Energy Developed Economies Developing Economies Military $T Global Industry Each market has multiple applications

8. Trenergi info@trenergi.com Company Confidential The Markets Are Growing Energy prices combined with regulatory pressure are pushing the demand for distributed energy as traditional grids become less economical In developing economies, energy demand outpaces the ability of traditional grid structures to supply it regardless of cost Local or on-site generation is already competitive in many commercial and residential applications Military actively seeking more fuel efficient and reliable sources of mobile energy

9. Trenergi info@trenergi.com Company Confidential - Focus - - Market Size - - Attractions - - Economics - Initial Markets (1kW-20kW) Military – 1 application Residential/Commercial Alternative to Tactical Quiet Generators (TQGs) Value: $736M Units: 32,000 Key alliance 50% fuel savings Lower life-cycle cost Residential MicroCHP units Global market, starting with developing world Value: $250B Units: 100M Key alliances identified for selected markets Higher fuel efficiency (lower operating cost) No need for base-load generation or grids

10. Trenergi info@trenergi.com Company Confidential Military applications Res/Comm Applications Military aircraft auxiliary power units Forward operating base power For field hospitals and kitchens Auxiliary Power Units (APUs) for equipment and combat vehicles Power For: Pneumatic well heads Cellphone towers Commercial aircraft Police, fire and other Public Safety facilities Additional Markets

11. Trenergi info@trenergi.com Company Confidential Combined Heat and Power (CHP) Electricity Hot water Heat Trenergi’s High Temperature PEM Fuel Cell A Platform Technology for the 21 st Century 1 2 3 Our Solution Telemetry to monitor performance, reliability and maintenance of units and microgrids Reported back to Trenergi

12. Trenergi info@trenergi.com Company Confidential Electricity Hot water Heat Traditional Grid vs Trenergi Distributed CHP Trenergi Distributed CHP 1 1 Electricity 2 3 Traditional Grid yields about 33% of the energy used Trenergi Distributed CHP yields 80% of the energy used

13. Trenergi info@trenergi.com Company Confidential HTPEM Technology 180 o C (Road map to 200 o C) CO Tolerant Stack Capable of Regeneration Fuel “Agnostic”* On/Off Capability Short Start Time (<5 minutes) Heat Harvestable Long Life (>40,000 Hours) LTPEM Technology SOFC Technology Trenergi *Natural gas, propane, kerosene, biofuels, military diesel (e.g. JP-8) Proprietary Technology The best characteristics of two prior generation technologies

14. Trenergi info@trenergi.com Company Confidential Trenergi HT PEM Stack Evolution Confidential 3-Cell 6-Cell 26-Cell52-Cell HT PEM stacks easily scalable to 10’s kW

15. Trenergi info@trenergi.com Company Confidential 1kW Breadboard Demo

16. Trenergi info@trenergi.com Company Confidential 1kW Stack Operation

17. Trenergi info@trenergi.com Company Confidential 1 kW POC Stack Performance at 175° C Confidential

18. Trenergi info@trenergi.com Company Confidential JP-8 HTPEM Fuel Cell Test Unit

19. Trenergi info@trenergi.com Company Confidential Confidential Highly Reproducible Stack Performance

20. Trenergi info@trenergi.com Company Confidential Confidential 6-Cell Stack Data with Synthetic Reformate Fuels

21. Trenergi info@trenergi.com Company Confidential Performance of twin 52-Cell Stack at ~ 150° C Confidential

22. Trenergi info@trenergi.com Company Confidential Confidential Voltage Profile With Varying CO Content

23. Trenergi info@trenergi.com Company Confidential Confidential Trenergi EPG vs TQG & AMMPS Generators This is a comparison of the Trenergi HTPEM EPG (electrochemical power generator) generator against the new Advanced Mobile Medium Power Sources (AMMPS) internal combustion engine generator specifications. The AMMPS generator sets are intended to be lighter, more fuel efficient, and quieter than their predecessors and will reduce the logistical requirements on the battlefield.

24. Trenergi info@trenergi.com Company Confidential Confidential Trenergi EPG Emission Reductions

25. “Efficient Distributed Energy Begins Here” 101 Constitution Boulevard Franklin, MA 02038 (508) 589-7800 www.trenergi.com info@trenergi.com