Hub North Netværksarrangement d. 14. Juni 2011

Hub North Netværksarrangement d. 14. Juni 2011 Jan Bisgaard Envision Global Innovation Centre Silkeborg, Denmark

Agenda: 1. Presenting (Jan Bisgaard) 2. Company profile 3. Strategies 4. Product road map and track record 5. Global Innovation Center GIC 6. GC-1 offshore turbine 7. Q & A Jan Bisgaard Envision Global Innovation Centre Silkeborg, Denmark

Jan Bisgaard Responsibility at Envision Energy : - Verification (did we build the thing right) - DK prototype and assembly sites - Supporting Director on business development aspects Age : 39 years Resume : Oct. 2010 - Present Envision Energy (Denmark) - Senior Verification Engineer Feb. 2010 Sep. 2010 Siemens Wind Power - Program Manager for 2,3 MW product platform Jun. 2009 Jan. 2010 Jan Bisgaard Consult - Freelance Wind professional Mar. 2003- May 2009 Vestas Technology R&D - Senior Manager of Vestas Test centers - Project manager (Establishing of R&D test center) - Product Manager V120-4,5MW - Design Engineer (generator design) Mar. 1997- Feb. 2003 FLSMIDTH - Sales engineer - Product development engineer - Project Engineer 2 Hub North meeting 2011-06-14 Public

Technology pioneer in China in 2009 ranked by Forbes (cover enterprises) Lei Zhang startede Envision Energy op i 2006, og virksomheden tæller i øjeblikket lige under 300 medarbejdere globalt. Over 100 af disse arbejder med forskning og udvikling. Hovedkvarteret og produktion er placeret i byen Jiangyin nordøst for Shanghai. Vores mission er at være konkurrencedygtig på offshore vind og samtidig tilbyde et pålideligt produkt. Derfor arbejder vi med, at møllen skal have så få komponenter som muligt. Jo færre dele, jo mindre kan gå galt. Det er en af vores grundantagelser for, hvordan vi skaber et pålideligt produkt, der er let at servicere. Derudover arbejder vi med et koncept, hvor vi køber mange af vores komponenter fra leverandører i et globalt integreret leverandørnetværk Hub North meeting 2011-06-14 Public 4

Global smart company in the wind power industry Wind Business North America Chicago USA Global Innovation Center Silkborg,Denmark Global RD and Engineering Service Center Jiangyin China Global Operation Center Shanghai China America International market developing, integrating and operating wind assets Denmark Cut-edge technology development Partial Pitch scalable rotor technology E128-3.6MW Offshore turbine development Integration of European RD utilities China Global manufacturing center supported by international supply chain, engineering and service center Global RD center backed by platforms of core control, load optimization, aerodynamic etc. Hub North meeting 2011-06-14 Public 5

Envision Engineering Center -- Jiangyin Hub North meeting 2011-06-14 Public 6

Envision Engineering Center -- Jiangyin Hub North meeting 2011-06-14 Public 7

Envision Operation Center -- Shanghai Hub North meeting 2011-06-14 Public 8

Envision Manufacturing Workshop -- Jiangyin Hub North meeting 2011-06-14 Public 9

Envision Energy, Silkeborg, Denmark Global Innovation Centre Established in 2008 Strategy and Management ready in 2010 At present the office employs 27 highly experienced Engineers > 15 years of average experience from wind with knowledge within Wind Turbine Development and Business. Hub North meeting 2011-06-14 Public 10

Envision Global Partners World class supplier chain Certification body Financial Institution Envision to be Leading wind turbine manufacture with partnership of global active players Leading customers of wind market 12

Envision Energy - Product and IP Roadmap New Product New feature E128-3.6MW E115-2.0MW (60Hz) E103-2.3MW (60Hz) E100-2.5MW (60Hz) Offshore direct drive, modularized blade design and partial pitch tech Innovative drive train with best cost effective 20+ IP to register in the US and EU E115-2.0MW (50Hz) E103-2.3MW (50Hz) E100-2.5MW (50Hz) Envision Converter and Pitch system developed Advanced control system for largediameter rotor E87-1.5MW 60hz products Low voltage ride through Wind farm management system E82-1.5MW Intertidal turbine Typhoon resistant turbine Low wind speed algorithm E77-1.5MW E70-1.5MW 50 Hz products 65m, 70m, 80m hub height configurations E128-3.6MW Presentation May 25, 2011 Confidential

Ultimo 2010 500MW installed. 甘肃向阳 (50 MW) 辽宁康平 (100 MW) 江苏潮间带 (3MW) 安徽来安 (150MW) 河北滴水壶 (50 MW) 江苏启东 (50 MW) 海南峨蔓 (50 MW) 福建东山 (50 MW) E128-3,6MW Presentation 2011-05-26 Confidential 15

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Global Innovation Centre 27 employees average 15 years from wind industry. Hub North meeting 2011-06-14 Public 19

Current activities in DK Hub North meeting 2011-06-14 Public 20

Product Conceptual Design The Conceptual Design is a Horizontal, Two Bladed, Direct Drive [DD] WTG with a Permanent Magnet Generator [PMG]. Design objectives: 1) Scalable rotor for different wind regimes 2) Extreme load reduction 3) Modular architecture 4) Optimized for offshore installation 5) Minimize need for inhouse manufacturing capacity Hub North meeting 2011-06-14 Public 22

Envision 1XX-3.6MW Product Family (Scalable Rotor) 132 E1XX-3.6MW Product Family 130 128 128 126 Rotor diameter 124 122 120 118 116 114 Based on site assessment Envision scale the rotor diameter and optimize customer return of investment using standard products 0 5 6 7 8 9 10 11 Wind Speed m/s Hub North meeting 2011-06-14 Public 23

Rated Power [kw] Power Curves & Wind Regimes 3.800 3.600 3.400 3.200 3.000 2.800 2.600 2.400 2.200 2.000 1.800 1.600 1.400 1.200 1.000 800 600 400 200 0 2 4 6 8 10 12 14 16 18 20 22 24 26 Wind Speed [m/s] E128-3.6MW E122-3.6MW E115-3.6MW The E128-3.6MW Product Family: The E1XX-3.6MW platform has an adaptable rotor design with the design objective to cover several wind regimes with only a very few changes in the design. Only the structural part blade extender will be modified across the product line, all other systems and structures will be standard configurations. Hub North meeting 2011-06-14 Public 24