Asian Renewable Energy Hub Hydrogen Potential

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Commercial in Confidence

Asian Renewable Energy Hub www.asianrehub.com Level 27 St Martin’s Tower, 44 St Georges Terrace, Perth, WA

Asian Renewable Energy Hub Hydrogen Potential

The cheapest and safest source of large scale green hydrogen in Asia

 Over 40TWh/year of renewable energy at <USD3cents/kWh (<AUD 4cents/kWh) on the Pilbara coast of northern Western Australia;

 Up to 7GW of capacity available, operating at 70% capacity factor (supplied by 7.5GW wind turbines and 3.5GW solar arrays with complementary generation profiles);

 Can be built in phases to match market demand and create a sustainable equipment supply chain;

 Total site area of 14,000km²

 100-year lease of initial 7,000km² area, providing long term certainty and energy security;

 Proximity to the coast and a suitable industrial park for large scale green hydrogen production and export; and

 Possibility to grow the generation capacity to 15GW, will an output of up to 55TWh/year.

Shovel ready as soon as 2020

 4 years of project development already completed;

 3 years of onsite wind and solar data already collected for resource confidence;

 Environmental and planning referral submitted in November 2017, approval permits expected in November 2019;

 Major Project Status granted by WA Government in July 2018; and

 Indigenous Land Use Agreement expected to be signed in 2019.

Word class investment consortium

 InterContinental Energy: global developer of large scale RE hubs;

 CWP Renewables: leading Australian RE developer creating other large wind/solar hybrid projects including Sapphire RE Hub;

 Macquarie: major Australian / global financial institution; and

 Vestas: world leading wind energy company.

Our contact details

 Andrew Dickson: andrew.dickson@cwprenewables.com / +61418866470