CONVERTING BIOMASS INTO CLEAN AND AFFORDABLE ENERGY TECHNOLOGY DESCRIPTION NEW JERSEY PRESENTATION

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1 CONVERTING BIOMASS INTO CLEAN AND AFFORDABLE ENERGY TECHNOLOGY DESCRIPTION NEW JERSEY PRESENTATION FEBRUARY 29, AGRIPOWER, INC. ALL RIGHTS RESERVED. 1

2 New Jersey Biomass Opportunity Renewable Energy Incentive Program (REIP) provides rebates for sustainable biomass Ranges between /kW depending on project size and application Higher incentives for cogeneration systems like AgriPower Must be sustainable biomass 2

3 Creates New Technology Opportunities AgriPower technology provides Distributed biomass combustion brings the plant to the fuel Economics from disposal of waste Diversified fuel capability combust a range of indigenous fuels Compliance with New Jersey environmental standards 2 nd only to California Combined heat and power solutions high efficiency systems Customized to meet customer requirements Best in class components 3

4 Combustion Chambers And Control System (1) (2) (4) (3) Clockwise: (1) 7 MMBtu/h Combustion Chamber Module; (2) 7 MMBtu/h Combustion Chamber Module Configured For Heat and Hot Water; (3) Automated Control Module For All Systems; And (4) 30 MMBtu/h Combustion Chamber Module Configured For Heat and Hot Water. 4

5 Combustion Chamber Module Internal View Two Screw Augers In The Rear Wall Feed The Fuel Into The Combustion Chamber And Four Screw Augers Move The Fuel Into And Through The Combustion Bed And Then Into The Automated De-Ash Control System. 5

6 Combustion Chamber Module Components 6

7 T3 Technology Module And 125 kw Waste Heat Generator 7

8 AgriPower System Component Arrangement Fuel Conditioning and Storage Fuel Fuel Combustion Flue Gas Electrical Generation Flue Gas Additional Heat for Process To Stack Store fuel Prepare fuel Transfer to Combustor Combust fuel Produce hot flue gas Transfer to Waste Heat Generators Extract flue gas heat Generate electricity Deliver to Customer Extract flue gas heat Produce hot water or air Deliver to Customer AgriPower s Waste to Energy Systems Provide: Efficient (up to 80%) use of waste byproducts for fuel Customized electrical solutions from 125 kw to 2.2 MW Customized heating solutions for process or building use Industrial grade components for high efficiency and reliability CONFIDENTIAL AND PROPRIETARY

9

10 (1) Our Systems Can Use A Wide Variety Of Commercial Waste As Fuel (2) (3) Clockwise: (1) Sorted Biomass (Cardboard and Paper) and Plastic Waste; (2) Baled Cardboard; And (3) Discarded Wooden and Plastic Pallets and Other Wood Debris. 10

11 Our Systems Can Use A Wide Variety of Biomass Feed-Stocks as Fuel Clockwise: (1) Wood; (2) Woodchips; (3) Sugar Cane Bagasse; and Fast-Growing Energy Crops Such As (4) Willows And Poplars; (5) Giant Miscanthus; And (6) Jatropha. 11

12 Our Systems Can Use A Wide Variety Of Agricultural And Forest Materials As Fuel Clockwise: (1) Crop Waste; (2) Oil Palm; (3) Forest Residuals; (4) Timber Slash And Brush; And (5) Cow, Horse and Poultry Manure. 12

13 Our Value Proposition AgriPower s technology can produce significant cost-savings for its customers by: 1.Reducing or eliminating waste disposal expenses 2.Inexpensively producing electricity and heat energy suitable for many co-generation applications 3.Reducing purchased oil, diesel fuel, and natural gas costs 4.Generating tax benefits, carbon credits and subsidies The resulting savings are expected to provide a ROI in about three years (before subsidies and tax benefits) 13

14 Potential Co-Generation Applications: Heating (buildings, greenhouses) Hot Water & Steam (kitchens, showers, laundries, swimming pools, hospitals) Air conditioning (commercial buildings) Refrigeration (supermarkets, food and flower storage sites) Water purification and desalination (disaster and military sites) Making ice (disaster and military sites) Drying and bonding (kilns, lumber mills) Pre-drying excessively wet fuels (paper and pulp sludge) 14

15 In Conclusion, AgriPower Will Provide Cogeneration systems with electrical output in increments of 125 kw up to 2.2 MW and thermal energy up to 60 MMBTU/hr Systems which are fully automated and operate without expensive, on-site engineers or technicians An initial System installed in the New Jersey/New York Metro Area in the second quarter of 2012 with demonstrations expected to commence shortly thereafter Flexible sale and leasing programs.. 15

16 For Additional Information FOR ADDITIONAL INFORMATION, PLEASE CONTACT: BARRY J. BERMAN, CEO TEL: (516) FAX: (516) MOB: (516) OR VISIT OUR WEBSITE: 16

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