Ann: Appendix 4C - quarterly, page-29

Some thinking out loud just to ponder some more!
Would love to hear some thoughts.

With approximately 7 weeks until the end of March one would hope FEED advanced and agreements tabled. Just one of he announcements coming our way to get this party started. What I like is RNE own 100% of the Solar PV (haven’t heard anything to the contrary) and 30% of CAL Bioenergy so 2.5 + 0.2 = 2.7MW to add to existing generation.
Can we surmise for the Solar PV
0.8 efficiency x 2.5 = 2000KWhr x 6hrs x 365 =
4380MWhr annually.
Allowing only 20cents per KWhr = $876,000 per year just from the Solar

“Exclusivity period to 31 March 2019 for ReNu Energy to complete detailed project site due
diligence, front end engineering & design (FEED) and finalise binding contracts
The project will include the construction of the first CAL on the site and the installation of an integrated electricity generation system which will include a 600kW biogas engine and 2.5MW of solar PV. The project will be commercially supported by a 20-year PPA between the parties.”