Renewable Energy Solutions

About Us Mission, Vision and Management Approach Business Segments Energy Solar Power Plants (SPP) Hydroelectric Power Plant (HPP) Wind Power Plant (WPP) EPC (Engineering, Procurement and Construction) O & M ( Operating & Maintenance ) Foreign Trade Solution Partners and References 2

Humartaş Yapı Enerji A.Ş. operates in Energy, Construction and Foreign Trade sectors. Developing Hydroelectric Power Plant, Wind Power Plant and Solar Power Plant at Energy sector, offering consultancy and investment services. As EPC services, all projects are carried out in the Energy and Construction sectors turnkey basis. As Construction sector, we are offering commitment, consultancy and investment partnership. As Foreign Trade area, we operate import and export at LED Lighting, inverter technology, solar pales and wind turbin products. 3

Humartaş Yapı Enerji A.Ş has adopted the principle of bold and innovative steps to its employees and business partners to fulfill their responsibilities in the best way to the society, our company is located in the ancient values of our country to achieve the goals of the motivation and the deep respect feels for human beings. Humartaş Yapı Enerji s aim is being powerful at business segments and dominating the market, making investments constantly in innovation with R & D activities. Humartaş Yapı Enerji A.Ş is targeting to have 5% of installed capacity in energy sector in the next 25 years of Turkey. Humartaş Yapı Enerji remained subject to international standards in the areas in which it operates and by building facilities that do not harm the environment, the customers also contribute to sustain their activities without compromising the integrity principle and the development of society. 4

We are offering consultancy and turnkey project services for licensed HPP,WPP,SPP projects and unlicensed 1 MW SPP projects. We are offering Engineering phase of Project, financing and turnkey projects, as well as we offer established commissioning of the system and operating service. 5

Import and export of LED lighting, inverter technology, solar panels, wind turbines and the provision of all production is provided by the proposed project. 6

Turkey recorded the economic growth in the past decade, parallelly has become one of the world s fastest growing energy market. Renewable energy types such as water, wind, solar, geothermal and other energy types are abundant in Turkey. In the strategic plan of the Ministry of Energy is determined that the aim is increase the share of renewable energy sources 30% * of the total installed capacity of the country from 2023. *Resource: http://www.enerji.gov.tr/tr-tr/stratejik-plan 7

Solar energy is a technology based on obtaining energy from sunlight. Solar cells are referred to the device using the photovoltaic effect of semiconductor properties, they produce electricity from sunlight. Ministry of Energy provides guarantee the purchase of produced solar energy from 13.3 $c/kwh in order to promote renewable energy. Furthermore the incentive increases by using local materials to 20 $c/kwh. Türkey Solar Energy Potential Map 8

The applications stalled capacity is above 1 MW called licensed project. There is no obligation to show consumption and production of electricity directly supplied to the grid. The license period for license projects are 49 years, it is also possible to sell the generated energy in market. The statical process before applying project is minimum of 6 months and real meteorological measurements of sun are required. We developed 53 MW Licensed SPP projects in 6 different region between 2012-2014, the applications to EMRA are done and the tender process started. Projects that we developed Project Name BESNİ GES AKBAĞ GES SÜPHAN GES KÖYALDI GES SUN GES GEZİN GES GÖLLÜCE GES Project City Adıyaman Mardin Bitlis Bitlis Malatya Elazığ Malatya Project Town Besni Merkez Adilcevaz Adilcevaz Darende Gezin Darende Project Capacity 6 MW 9 MW 5 MW 10 MW 5 MW 8 MW 10 MW Radiation Value (yr) 1650 KWh/ 1625 KWh/ 1700 KWh/ 1700 KWh/ 1650 KWh/ 1600 KWh/ 1650 KWh/ 9

EMRA intitle the installation up to 1MW for all natural or legal entities in the legistlation of Unlicensed Solar Energy Production. * In this context as Humartaş Yapı Enerji manages follow up processes; Detection and examination of land area Examination the detected surrounding area voltage lines of land Examining the current climate and meteorological situation of the land Solar measurements for solar energy projects Determination of electricity consumption Technical analysis for establishing the project Creating tables for cost analysis Making the creation of appropriate financing and financial analysis model Making and follow-up of all license applications should be referenced in the project Turnkey installation and operation *Resource: http://www.epdk.org.tr/index.php/elektrik-piyasasi/lisanssiz-uretim?id=1292 10

Financial Analys Cost Analys Stress Scenarios Radiation Values Grid Distance Technical Analysis Agriculture Water Permit EIA Municipality Agriculture EIA Report Call Letter Construction Connection Tedaş Approval Technical CAD Connection Designs Financing 77.5 MW Connection Agreement Installation Permits Application Field Determination 11

Humartaş Yapı Enerji has developed a total of 333 MW of projects in 8 different cities. These projects are: Project City Malatya Şanlıurfa Diyarbakır Kırşehir Number of Projects 10 7 5 1 Total Capacity 58 MW 125 MW 72 MW 10 MW Average Radiation Values 1650 KWh/ (yearly) 1600 KWh/ 1625 KWh/ 1550 KWh/ Project City Kahramanmaraş Adıyaman Afyon Bitlis Number of Projects 1 1 2 1 Total Capacity 10 MW 6 MW 22 MW 6 MW Average Radiation Values 1650 KWh/ (yearly) 1650 KWh/ 1600 KWh/ 1700 KWh/ Project City Amasya Manisa Gaziantep Number of Projects 1 1 1 Total Capacity 9 MW 10 MW 5 MW Average Radiation Values 1450 KWh/ (yearly) 1500 KWh/ 1650 KWh/ 12

Malatya 58 MW Şanlıurfa 125 MW Diyarbakır 72 MW Kırşehir 10 MW 13

Kahramanmaraş 10 MW Adıyaman 6 MW Afyon 19 MW Bitlis 6 MW 14

Amasya 9 MW Manisa 10 MW Gaziantep 5 MW 15

Hydroelectric power plants are renewable energy plants that convert power of flowing water to the electricity Humartaş gives consultancy services to investors about installation of power plants Through consultancy; Map works, Expropriation process, Preperation of preliminary project approval file, Examination of the regions, Correspondence with related institutions Are provided. As Humartaş Yapı Enerji we conduct HES projects with Sur Yapı as a joint venture 16

Enersu Enerji Elektrik Üretim Ltd. Şti. PROJECT NAME : Hisar HES PROJECT CITY : Elazığ ENERGY PRODUCTION : 6,2 MW PHASE OF THE PROJECT : Licensed. Project phase DUE DATE OF THE PROJECT : 23.12.2016 Deniz Enerji Elektrik Üretim A.Ş. PROJECT NAME : Tepehan HES PROJECT CITY : Malatya ENERGY PRODUCTION : 17,5 MW PHASE OF THE PROJECT : Licensed. Under construction DUE DATE OF THE PROJECT : 15.9.2016 Fatih Enerji Elektrik Üretim A.Ş. PROJECT NAME : Aksu HES PROJECT CITY : Adıyaman ENERGY PRODUCTION : 5,77 MW PHASE OF THE PROJECT : In-service DUE DATE OF THE PROJECT : 20.03.2014 17

Wind power plants are electricity generation plants that are not needed full expense, have low operating cost, have facilities of operation, maintenance and are nondependent to foreign sources. Humartaş Yapı Enerji offers service of feasibility studies to its customers that indicates in which areas and lands could be used in wind power plants. Humartaş Yapı Enerji transfers all its experience to its customers about construction and operation of wind farms by providing cost, finance and land analysis. 18

License application process of the field in Mersin that technical analysis conducted in 2014 is ongoing. Scheduled end time is 2017 In Malatya, technical analysis of the field conducted in 2013 and EMRA application is made. The process is ongoing. PROJECT NAME PROJECT CITY POWER OF THE PROJECT ENERGY PRODUCTION : Bedirez RES : Mersin : 10 MW : 33.420.000 KWh PROJECT NAME PROJECT CITY POWER OF THE PROJECT ENERGY PRODUCTION : Eynir RES : Malatya : 30.6 MW : 100.420.000 KWh 19

Humartaş Yapı Enerji, as a reliable EPC contractor, is able to offer a full range of services in solar power plants (SPP), wind power plants (WPP), hydroelectric power plants (HPP) and construction projects By having the capacity to provide services in a broad portfolio, Humartaş Yapı Enerji, also has the ability to complete turnkey in alternative energy systems. Humartaş Yapı Enerji, started the installation of 3MW Solar Power Plant in Karaman. Also solar power plants of Malatya (14MW), Bitlis (6MW) and Afyon (13MW) have reached the installation phase. All of these, as turnkey, will be completed as the lump sum value of Engineering- Procurement-Construction (EPC) commitment, the company also has been able to successfully undertake the process of commissioning after installation. 20

Location selection with analytical manner Perform of the measurement as specified in the relevant legistlations To pay attention on data quality Fulfillment of TECHNICAL analysis based on the test results of the feasibility study Financial Analysis based on the Longterm (after the last support mechanism ends) cost estimate Calculating the value of long-term production Making detailed business plans Making the selection of equipment in analytical way Monitoring of the manufacturing process, ensure the quality of equipment and supervision of compliance with the principles of design (assignation of the third party for this purpose) Making the network connection design Social Impact Assessment Conducting risk assessment studies that evaluate the combination of technical, financial, environmental and other factors Monitoring of planning and construction process with an independent third party opinions Managing construction process with a program management approach Risk management practices Facility installation Startup the system Making operational and maintenance of the system 21

Maximize energy output, reduce maintenance cost, and benefit from predictable expenses over the life of PV power plant assets with comprehensive suite of O&M solutions. Humartaş is O&M contractor for its own SPP portfolio. It has localized offices and personel to act effectively. Yield driven O&M contracts 90 % of new business is contracted with O&M Lifetime production guarantee Lifetime material guarantee Guaranteed response times Annual audit & re-commissioning 22

Humartaş Yapı Enerji imports all the materials that are needed in the the projects construction phase and provides external consultancy service. Humartaş Yapı Enerji imports: All inverters and panels that are used in solar energy systems All mechanical and electrical components of the wind turbines that are used in wind energy systems All the components or portion of the components in LED projects. 23