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Annual General Meeting November 4, 2019
1 November 4, 2019 Forward Looking Statements Some of the - - PowerPoint PPT Presentation
Annual General Meeting 1 November 4, 2019 Forward Looking Statements Some of the information provided in this presentation constitutes "forward-looking information" within the meaning of applicable securities legislation. Specific
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Annual General Meeting November 4, 2019
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Some of the information provided in this presentation constitutes "forward-looking information" within the meaning of applicable securities legislation. Specific forward-looking information in this presentation includes statements regarding anticipated financial and operating results, the future of residential and commercial energy storage in the power industry, the potential value of the Company's addressable market, the value of the Company's energy storage inverter, anticipated revenue growth and potential, the anticipated size of the Company's market share, anticipated demand for solar energy and power conversion, and anticipated timing and outcome of potential strategic transactions. Forward-looking statements reflect the Company's current expectations as to future events and are based on information presently available. Forward-looking statements are not guarantees of the Company's future performance and involve known and unknown risks, uncertainties and assumptions that may cause actual results, performance or achievements, or developments in our industry, to differ materially from the anticipated results, performance or achievements expressed or implied by such forward- looking statements. These risks, uncertainties and assumptions include, but are not limited to: risks associated with international
terms or at all; fluctuations in market value for energy storage power conversion; uncertainty in the Company's ability to develop relationships with other companies; and uncertainty with regards to a strategic transaction. Consequently, no representation can be, or is being, made with respect to accuracy of the projections or the ability of the Company to achieve the projected results. You should not place undue reliance on the forward-looking statements contained in this presentation. The Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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“Their technology leadership and product platform is proven with thousands of units deployed in the global market.”
Sunghoon Jang, SVP LG Chem
“We ran the Eguana through 6 months of intense testing to ensure reliability and functionality”
Gordon Gassmann, CEO Mercedes Benz Energy
“The addition of the Eguana Enduro to our Q.HOME package will allow us to maintain our leadership position”
Vincent Lim, Head of Bus.Dev. Q Cells
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2002 – 2012
voltage inverters for grid interactive fuel cells
Li-Io battery storage platform for US military
in distributed solar PV applications
2013- 2015
Bi-Direx power control system for grid interactive energy storage devices in Germany
systems into growing German energy storage market
integrated power control solution with LG Chem battery technology 2016 – 2017
system for Mercedes Benz Energy
with AC Battery
2018 – 2019
Evolve, Elevate and Enduro – fully integrated energy storage systems worldwide
label deal for Enduro with Hanwha Q Cells
contract with South Australian Government for Home Battery Scheme
Australian VPP
standardized
400 installers/dealer partners to be Eguana certified
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MBE exits stationary storage market MBE endorses Eguana
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New England Hawaii Georgia Puerto Rico
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Melbourne Adelaide Brisbane Wingfield
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(Germany avg 50% attach rate) United Kingdom Amsterdam Ireland
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$- $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 2012 2013 2014 2015 2016 2017 2018E 2019E 2020E 2021E 2022E 2023E
Source: GTM Research
USA Australia Europe
CAGR: 44%
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Learning from 2019 Hawaii
Southern California
esla and SunRun lease model, Sonnen has fatigued installers and distributors
Europe
VPPs in SA
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Feature Eguana T esla SolarEdge/LGC Sonnen Aus Sonnen USA Power (kW) 5 5 5 2.5 8 Proprietary PCS Y N Y N N Factory Integrated System Y Y N Y Y Outdoor Rating Y Y Y N N Self-consumption Y Y Y Y N Backup Power Y Y Limited N Y Solar Supported Backup Y Y Y N N Retrofit to existing PV Y Y N Y Y Use with any PV design Y Y N Y Y Flexible Capacity Y N N Y Y Built-in VPP Capability Y Y Y N N Auto Recovery Y N N N N No water cooling Y N Y Y Y
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reduction to increase margin
Q.HOME+ ESS
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Cost Reductions
Stackability UK Ireland France Belgium PV Inverter Integrations
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