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eleXsys TM is an Ai based technology platform that radically speeds up global decarbonisation Series A Capital Raise $20m Initial Market Focus C&I Rooftop Solar Farms to replace coal power stations Rural communities with 75% cheaper microgrid clean energy

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Page 1: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

eleXsysTM is an Ai based technology platform that radically speeds up global decarbonisation

Series A Capital Raise $20mInitial Market Focus• C&I Rooftop Solar Farms to replace

coal power stations

• Rural communities with 75% cheaper microgrid clean energy

Page 2: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWERPLANET ARK POWER

Fix voltage issues from

rooftop solar

75% cheaper offgrid microgrid

energy

Improves profits for solar & wind

farms

Increases the DER the grid can host by up to 1,300% with no

CAPEX costs to the grid

Cheaper clean microgrid energy for rural communities and the

developing world

Reduce CAPEX + OPEX plus increases revenue for solar &

wind farms

Global scale with SaaS licensing model Become the “Intel Inside®” of the cleantech DER industry

1 2 3

DER = Distributed Energy Resources

Private & Confidential 2

Page 3: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Private & ConfidentialPLANET ARK POWER

Excess solar fed into the distribution grid causes voltage instability so the grid imposes “Zero Export” or Solar Curtailment restrictions

Problem: Rooftop solar creates voltage problems on the distributed electricity grid, limiting the amount of rooftop solar that is economically viable to install

3

Acceptable voltage range

Excess voltage = grid instability

Low voltage = power shortage

Voltage peaks due to feed-in of excess solar

Voltage droop due to excess demand

Significant capital spending by the grid is required to upgrade distributed network

Reduces ROI of rooftop solar and batteries

Makes commercial scale rooftop solar, VPP & Microgrids non-bankable

Destroys Virtual Power Plant effectiveness

Prevents P2P trading and Blockchain

Causes social injustice

Solution: eleXsysTM

- an independent, dynamic and distributed voltage management system

Page 4: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER 4

Solar & Wind Farms will have reduced ROI as DER continues to increase

Rooftop solar is used 1st and will push out solar & wind farms in the energy mix. But % of DER is limited on the grid without eleXsysTM!

DER is far cheaper – but the grid limits how much can be installed

• Electricity generated from rooftop solar close to demand is used 1st

• Electricity from distant solar and wind farms is used last

• Solar & wind farms ROI is severely impacted before end of life

• Will cost taxpayers $ Trillions for new HV transmission lines thus increasing the cost of electricity

• In the global sunbelt with 60% of people, 80% of energy can be DER generated locally

• But the distribution grid is one-way – can handle around 15% DER before voltage issues occur

• Higher than 15% DER will cost $ Trillions to upgrade the one-way distribution grid and increases tariffs

• Plus “Electrification of Everything” will add pressure to upgrade the distribution grid …

Solution: eleXsysTM

- an independent, dynamic and distributed voltage management system

Problem: DER vs Solar & Wind Farms

Page 5: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

eleXsysTM Speeds up Global Decarbonisation

5

Improve solar & wind farm profits

Cheaper offgrid microgrid energy

Fix voltage issues from

rooftop solarFaster decarbonisation of

distribution grid with 1,300% DER increase –no CAPEX $ to the grid

Grid Forming inverter up to 75% cheaper clean energy for rural & developing world

microgrids

Reduce CAPEX + OPEX plus increases

revenue

“Use Case” examples that eleXsysTM facilitates

1a. Replace Coal Power Plants with

Rooftop Solar Farms

1b. Precincts like Ports run

on 100% Clean Energy

1c. Makes rooftop solar a

“Bankable” asset class

1e. Urban PPA’s – excess solar sold to companies

1f. Every roof with solar –

excess creates H2 in suburbs

1g. Cost effective

“Electrification of Everything”

1d. 40% GHG and $ savings

for Data Centers

2a. Offgrid clean energy microgrids at 75% cheaper

2d. Greenfield sites on 100% clean energy

2b. Desalination

viable now for greenhouses

2c. Cheaper EV fast charging

Page 6: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

But How?

6

Patent pending technology we call eleXsysTM

A + B = eleXsysTM

SiC Advanced Digital Device

Full Reactive Power +

Grid Forming

AMore efficient plus 20 to 50 times smaller, less heat and cheaper due to SiC & high frequency. Plus multiple functions in 1 so eliminates multiple devices.

Multiple Levels of Ai based SoftwareB

b. Makes batteries viable today for C&I sites without subsidies b.1. Improved solar + battery architecture = less round trip lossesb.2. Discharge battery to eliminate demand peaks to save site $b.3. Energy arbitrage earns automated wholesale trading incomeb.4. Auxiliary services earns income supporting the gridb.5. In some jurisdictions – extra income from demand reductionb.6. In some jurisdictions – extra income from grid CAPEX deferral

a. Keeps DER voltage within legal limits at sites with Reactive Power

g. Microgrid District Coordination software: villages and suburbs offgrid

c. Battery Extended Life - up to 15 years from a 10 year battery

d. Demand Reduction at night with no solar and without a battery

e. Power Factor Correction (PFC) & CVR (Conservation Voltage Reduction)

f. Small sites offgrid – cheaper than grid, diesel or current renewables

Digital dSTATCOM Device in eleXsysTM facilitates multifunctional Ai software simultaneously in 1 device

Page 7: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Globally Scalable SaaS Business ModelBecome the Intel Inside ® of the cleantech DER industry

SaaS = Attain a % of the total annual solar and battery revenue the project generates for 10 to 20 years when using eleXsysTM

License eleXsysTM to the DER supply chain globally – Project Developers, Asset Funds, Engineering Companies, Utilities, Electricity Retailers, etc.

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Page 8: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

eleXsysTM Speeds up Global Decarbonisation

8

Improve solar & wind farm profits

Cheaper offgrid microgrid energy

Fix voltage issues from

rooftop solarFaster decarbonisation of

distribution grid with 1,300% DER increase –no CAPEX $ to the grid

Grid Forming inverter up to 75% cheaper clean energy for rural & developing world

microgrids

Reduce CAPEX + OPEX plus increases

revenueInitial Market Focus – Fast track commercialisation of C&I and demo offgrid application

1a. Replace Coal Power Plants with

Rooftop Solar Farms

1b. Precincts like Ports run

on 100% Clean Energy

1c. Makes rooftop solar a

“Bankable” asset class

1e. Urban PPA’s – excess solar sold to

others

1f. Every roof with solar –

excess creates H2 in suburbs

1g. Cost effective

“Electrification of Everything”

1d. 40% $’s and GHG

savings for Data Centers

2a. Offgrid clean energy microgrids at 75% cheaper

2d. Greenfield sites on 100% clean energy

2b. Desalination

viable now for greenhouses

2c. Cheaper EV fast charging

Page 9: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER 9

Global Recognition

Receiving the 2019 Start-up Energy Transition Award from Andreas Kuhlmann, Chief Executive of the German Energy Agency

This technology is game changing –you need to think 100 times bigger

eleXsysTM is revolutionary – it’s as big as the original electrification of the USA 100 years ago. It will change the whole electrical industry.

Christoph Frei, Secretary General & CEO

World Energy Council

Aurecon A Global Engineering Consultancy

An Aurecon report validates that eleXsysTM can manage grid voltage and increase the distribution grid hosting capacity for DER (rooftop solar and VPP batteries) by up to 1,300%

Page 10: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Market Revolution Examples

eleXsys™ grid voltage related solution

01Enables up to 1,300% increase in rooftop solar in a local suburb

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Page 11: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Turn Energy Cost into an Income Stream

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1A

Move solar farms to rooftops school example

Turn $240,000 per year energy bill into a $380,000 per year income stream

Voltage issues = Export Restrictions/Curtailment• Only 250 KW is an economically viable

installation

Full Export with eleXsysTM fixing voltage issue• 1,500 KW is economically viable + 3 MWh battery• With eleXsysTM C&I batteries are viable today

Fig 1 Fig 2

CS Energy – propose to replace coal power station dividends with Rooftop Solar Farms on Gov’t buildings over 15 years at $7.5 Billion in CAPEX to replace Qld Gov’t dividends from coal power of $750M yr

N.B.

Page 12: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

“IKEA” can replace coal

12

1A

1,700 sites: Replaces Yallourn Coal Station by 20301,800 sites: Replaces Callide Coal Station by 2040

• 1.2 MW of rooftop solar plus 3 MWh of VPP batteries • Largest C&I Virtual Power Plant (VPP) in the world

• With eleXsysTM C&I batteries are viable today

• 10% of rooftop solar sold into wholesale grid daily• Most battery energy sold into wholesale grid daily• Owned by a large pension fund as the first of many

• eleXsysTM is creating a new $ Billion asset class

• Voltage issues make income streams variable and DER non bankable

• eleXsysTM fixes the voltage to deliver predicable income streams so investors can invest $B’s into DER

• Pension fund to finance $200m of similar projects • Planet Ark Power attains recurring annual license fees• Stage 2 not viable without eleXsysTM, which is:

• 3 MW solar car park cost effectively added due to eleXsysTM

IKEA in AdelaideUnique $7.5m project not viable without eleXsysTM

Campaign to get ASX 200 onboard to replicate IKEA

Page 13: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Precincts like Ports run on Clean Energy

13

1B

eleXsysTM creates clean energy precincts with electrical energy flowing in all directions

• Excess rooftop solar, wind energy, tidal energy plus waste to energy, etc. can now be sold to high energy users in the precinct

• Radically reduces energy costs but also goes a long way to decarbonising the port

• Could generate 100% clean energy in the precinct• Plus excess clean energy can generate H2

• Plus decarbonisation of shipping – port becomes an electricity “recharging” station for ships

Replicable across ports globally and other one-way precincts

Precinct with one way electrical energy going

“only” inwards due to voltage issues

Excess rooftop solar cannot be sent to other

buildings in the precinct

So solar is sized for onsite self

consumption, with most of the roof

left empty

Page 14: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

40% Savings in Data Centers - $ & GHG

14

1D

• Data Centers have same carbon footprint as aviation industry

• Data Centers growth is exponential – very significant contributor to Climate Change

• Consume 1/5th of Earth’s power By 2025

• If IT industry can halve carbon emissions in each of the next three decades, helps planet reach net zero by 2050

• The SiC basis of eleXsysTM makes it much smaller, more efficient and less heat

• With eleXsysTM far less floor space, replace multiple power electronic devices with one eleXsysTM unit, reduce HVAC, reduction in battery sizes, etc

Data centres account for 2% of total GHG emissions

In 2016, global data centres used more than Britain’s

total electricity consumption

Replicable across 500,000 Data Centers globally - expected to double in number

Page 15: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Urban PPA’s for GW of Clean Energy

15

1E

Corp. PPA

Corporations can purchase Rooftop Solar Farm energy to be Net ZERO

• Corporations globally are rushing to buy clean energy from solar & wind farms

• But that will run out soon - not enough supply & $Trillions for transmission lines

• eleXsysTM can increase DER by up to 1,300% with no CAPEX cost to the grid

• Excess clean energy from rooftops can be purchased as Corporate PPA’s

Multisite businesses can buy excess clean energy between sites for Net ZERO & lower energy costs

Page 16: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Every Roof with Solar –create a 2-way grid

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1F

Solar panels on every roof

Not possible without $Billions in distribution grid upgrades and raising prices

Distribution utilities globally set DER limit to 15% of substation equipment rating

With eleXsysTM install DER at up to 200% of the substation equip rating. Plus, onsite use

• Voltage issues will increase as more buildings install rooftop solar

• Higher DER causes inverters to power down and trip off

• Inverter tripping worsens payback (3-year payback becomes 5, 7 or 9 years)

• Only need 5% of buildings with eleXsysTM to fix voltage issues in a whole suburb

• Up to a 1,300% increase in DER with no CAPEX cost to the grid with eleXsysTM

Aurecon report validates 1,300% increase in DER is possible with eleXsysTM

Page 17: Series A Capital eleXsys is an Ai Initial Market Focus ......Initial Market Focus • C&I Rooftop Solar Farms to replace coal power stations ... Microgrid District Coordination software:

Private & ConfidentialPLANET ARK POWER

Makes “ Electrification of Everything’ viable

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1G

Requires a 4 times increase in multidirectional electrical flow in suburbs

• With current technology the 4 x increase in electricity flow cost $ Trillions globally and significantly increases energy costs

• With eleXsysTM and demand reduction the capital cost should be very minimal and almost no energy price increases

To decarbonise we must electrify everything – from HVAC to transport

Demo eleXsys across a full suburb being organised for Australia, France, Singapore and California