CONVERTING BIOMASS AND OTHER WASTE MATERIALS INTO CLEAN AND

AFFORDABLE HEAT ENERGY AND ELECTRIC POWER

FMA ENERGY, ENVIRONMENT & SUSTAINABILITY SUMMIT 17 PRESENTATION

SEPTEMBER 15 - 17, 2013

© 2013. AGRIPOWER, INC. ALL RIGHTS RESERVED.

Many thousands of enterprises pay to dispose of Biomass and other waste materials generated by their own operations.

They also pay for electricity and natural or propane gas or diesel fuel oil to produce heat and hot water and to power and heat (or cool) their businesses.

Many are looking for an affordable way to comply with environmental laws that regulate the disposal of their waste materials.

Many want on-site “Energy Security”, “Reliability” “Resilience” and “Self-Controlled Operation”.

The Problems

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AgriPower’s Product Line

Our product line consists of:

• Waste to Heat Only (“HO”) Systems.

• Waste to Combined Heat and Power (“CHP”) Systems.

• Customer Generated Waste Heat to Power Only (“PO”) Systems.

AgriPower’s unique and proprietary Waste-to-Energy (“WTE”) HO and CHP Systems use Biomass and many other types of waste materials as fuel.They provide secure, on-site, reliable, base load Heat Energy and electricity.The Heat Energy is suitable for heating, hot water, steam and numerous Co-Generation applications.The CHP Systems also generate from 125 kW to 3,000 kW (3 MW) of electricity.The PO Systems generate from 125 kW to 10,000 kW (10 MW) of emissions free electricity.Our core technologies are well established and provide significant operational and economic benefits.Our Systems are non-condensing and do not require water, steam or high air pressure (or technical or safety personnel) to operate.

AgriPower’s Solution

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Acceptable Fuels

The Systems can utilize a wide variety of waste materials as fuel including:

Wood pallets and crates All types of untreated wood waste (pallets, utility and road clearing trimmings, sawdust, sanding dust, forest residuals (slash), etc.)Cardboard and paper Construction and demolition debris (plywood, painted wood, etc.) Discarded fruits and vegetables Agricultural by-productsPoultry and other manure

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• We use unique, proprietary, superior and proven “extended”, “dual-zone, variable temperature” combustion technology.

• We use unique, proprietary, superior and proven “high temperature” technology from Waste Heat Generator (“WHG”) manufacturers such as Pratt & Whitney, GE and other specialty manufacturers.

• We utilize a proprietary, superior, proven software operating system and know-how.

• Our Systems are non-condensing and do not require water, steam or high air pressure (or technical or safety personnel) to operate.

Our Technical Advantages

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Their primary (lower) extended combustion chamber provides longer dwell time to completely and cleanly combust the fuel and enable compliance with EU requirements.

Their high temperature extended (upper) combustion chamber cleanly and efficiently combusts volatile chemicals. Reduces pollution and enables plywood (glue) and painted and creosote treated wood to be used as fuel.

They can operate from 2,200ºF down to 1,000ºF which is below the chemical reaction point of many troublesome emission materials.

They use a unique over-, under- and mid-fire air design that provides greater flexibility to cleanly combust a wide variety of wet, dry and mixed fuels.

Minimal residual ash (1 - 3%); automated stoking and ash removal.

Their proven software enables maximum operating flexibility, continuous System optimization and constant emissions compliance.

Benefits Of Our Combustors

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FRONT VIEW REAR VIEW

AgriPower’s 10 MM BTU/hr Combustor

Two Screw Augers In The Rear Wall Feed The Fuel Into The Combustor’s Chamber And Four Screw Augers Move The Fuel Into And Through The Combustor’s Bed And Then Into The Automated De-Ash Control System.

Combustor Internal View

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Combustor Features

• We use several Waste Heat Generators (“WHGs”) obtained from “Best of Breed” suppliers (P&W, GE) and contract manufacturers that are selected for our customer’s specific requirements.

• Some high temperature WHGs operate at 600ºF instead of at 200ºF for greater heat, hot water and steam outputs.

• Some of our WHGs use a high efficiency hot oil system instead of a low efficiency hot air system.

• These WHGs will produce considerably more net electrical output and greater customer value in high temperature, high humidity locations which is where most Biomass is produced (e.g., output of about 120 kW vs. about 70 kW).

• The WHGs’ flexible design enables them to be operated in parallel so we can offer our customers customized Systems with from one up to six WHGs.

Benefits Of Our Waste Heat Generators

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T3 Module and Waste Heat Generator

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This graphic shows one of AgriPower’s CHP Systems (the AG-375), mounted on two tractor trailer chassis (that are not included). Depending on its size and configuration, the typical mid-size AgriPower System will usually be transported on three trailers. The first trailer will usually contain: (1) the Fuel Feed Hopper; (2) the Combustion Chamber; (3) the Fans and Filters Module; and (4) the Automated Control Module. A second trailer will usually contain: (5) AgriPower’s proprietary T3 Technology Module (it stands for Thermal Treatment and Transfer) and the Auxiliary Equipment Module; (6) Waste Heat Generator #1; (7) Waste Heat Generator #2; (8) Waste Heat Generator #3; and (9) the Utility Interconnection Module. The third trailer will typically contain site specific “Balance of Plant” and related equipment.

Ease of Transport; Rapid Installation

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• They are prefabricated, modular and transportable; the skid mounted components can be placed on the chassis of tractor- trailers, enabling them to be easily and inexpensively brought to the customers’ sites and remote, off-grid locations (and disaster sites) where the fuel is located.

• They can be easily and quickly installed and fully operational (or dismantled) at the customer’s site and are controlled by the customer.

• They are exempt from or in compliance with applicable national and local permitting regulations.

• They are scalable and can provide additional low-cost electricity, heat, hot water and/or steam (or air conditioning or refrigeration) to satisfy our customers’ various requirements (i.e., customized solutions).

Our Systems - 1

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• They can combust most types of Biomass and many other types of waste in an environmentally friendly and carbon neutral manner.

• Their proven technology reduces maintenance, operating costs and downtime.

• They are reliable and have an uptime rate of >95%.

• They are fully-automated and their operation does not require expensive, on-site engineers or technicians.

• They substantially reduce the cost and market risk of obtaining diesel fuel oil and natural and propane gas.

• We provide our customers access to worldwide installation and service networks capable of monitoring and maintaining their Systems on a 24/7 basis.

Our Systems - 2

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Emission Control Flexibility• The basic combustion chamber comes with a multi-clone

air filter that catches most fly ash.

• A baghouse filter can be added to catch very small fly ash particles and will satisfy virtually all federal and local permitting requirements (PM2.5).

FOR HIGH VALUE OPPORTUNITY FUELS (GLUE, PAINT, CREOSOTE, ETC.):

• A urea or lime spray system can be added to neutralize problem emission materials.

• A catalytic converter can be added to neutralize very difficult emission materials.

Emissions Compliance

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Numerous HO and CHP Systems Are Available Up To 3,000 kW (3 MW)1 2 3 4 5 6 7

SYSTEM DESCRIPTION

AG-125 AG-250 AG-375 AG-500 AG-625 AG-750

GROSS POWER RATINGNET POWER RATING

125 kW

120 kW

250 kW

240 kW

375 kW

360 kW

500 kW

480 kW

625 kW

600 kW

750 kW

720 kW

NET POWER OUTPUT (AFTER 20 kW PARASITIC LOAD)

100 kW 220 kW 340 kW 460 kW 580 kW 700 kW

INCLUDED HEAT ENERGY

3.6 MM BTU/hr

3.7 MM BTU/hr

3.8 MM BTU/hr

3.9 MM BTU/hr

4 MM BTU/hr

4.1 MM BTU/hr

OPTIONAL HEAT ENERGY AVAILABLE

59 MM BTU/hr

56 MM BTU/hr

53 MM BTU/hr

50 MM BTU/hr

47 MM BTU/hr

44 MM BTU/hr

APPROXIMATE QUANTITY OF FUEL (@7,500 BTUs/lb) PER 24 HOURS OF CONTINUOUS OPERATION

10 TONS 15 TONS 20 TONS 25 TONS 30 TONS 35 TONS

HO and CHP Product Line

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Fuel Preparation & Storage

Combustion Chamber

T3 Module Emissions Reduction & ID Fan

ControlModule

WHG WHGSkid

Approximately 50 feetA

pproximately 50 feet

Maintenance Space Boundary

Total Footprint is Approximately 2,500 feet

Maintenance Space Boundary

Typical Space Requirements

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High Volume Grinder Set-Up

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Clockwise: (1) 10 MM BTU/hr Combustor; (2) 10 MM BTU/hr Combustor Configured for Heat and Hot Water; (3) Automated Control Module for all Systems; and (4) 30 MM BTU/hr Combustor Configured for Heat and Hot Water.

(1) (2)

(4) (3)

Combustor and Automated Control System

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6 MM BTU/hr Hot Water System with 200 HP Hot Water Boiler 110 Cubic Yard Live Auger Bottom Storage Bin

Hot Water System

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8.5 MM BTU/hr Steam System with 250 HP Low Pressure Steam Boiler 35 Cubic Yard Live Auger and Bottom Storage Bin

Steam System

Using Biomass as a fuel helps to combat climate change. That’s because Biomass is often considered “carbon neutral” because the carbon dioxide released when it is combusted is eventually absorbed by other Biomass as it grows. So, unlike natural gas or fuel oil, Biomass releases no net carbon dioxide into the atmosphere. It is a closed-loop energy source, simply re-circulating the carbon dioxide already within the Earth’s carbon cycle. And it’s a perpetual, renewable fuel source.

Combusting Biomass Is Carbon Neutral

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Our Systems Can Use A Wide Variety Of Commercial Waste As Fuel

Clockwise from top left: (1) Sorted Biomass (Cardboard and Paper); (2) Baled Cardboard; and (3) Discarded Wooden Pallets and Other Wood Debris.

(1)

(2)

(3)

Fuels- 1

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Our Systems Can Use A Wide Variety of Biomass Feed-Stocks as Fuel

Clockwise from top left: (1) Wood; (2) Woodchips; (3) Sugar Cane Bagasse; and Fast-Growing Energy Crops such as (4) Willows and Poplars; (5) Giant Miscanthus; and (6) Jatropha.

Fuels- 2

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Our Systems Can Use A Wide Variety Of Agricultural And Forest Residuals As Fuel

Clockwise from top left: (1) Crop Waste; (2) Oil Palm; (3) Forest Residuals; (4) Timber Slash and Brush; and (5) Cow, Horse and Poultry Manure.

Fuels- 3

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Heat Energy and Co-Generation have many valuable uses:

• Heating (buildings, greenhouses) • Hot Water (hospital, college and hotel kitchens,

showers, laundries, swimming pools, food processing)• Steam (buildings, breweries)• Air conditioning (commercial buildings)• Refrigeration (supermarkets, food and flower storage

sites)• Water purification and desalination (disaster and

military sites)• Making ice (disaster and military sites)• Drying and bonding (kilns, lumber mills)• Pre-drying excessively wet fuels (paper and pulp

sludge, municipal sludge, spent grains)

Co-Generation Applications

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AgriPower’s technology produces significant cost-savings for its customers by:

1) Reducing waste disposal expenses;

2) Producing low-cost electricity and Heat Energy suitable for many Co-Generation applications;

3) Reducing diesel fuel oil and natural and propane gas costs; and

4) Generating tax benefits, carbon credits, grants and subsidies.

THE RESULTING CUSTOMER SAVINGS ARE EXPECTED TO PROVIDE A COMPLETE RETURN ON INVESTMENT (100% PAYBACK) IN ABOUT 3 TO 4 YEARS (BEFORE TAX BENEFITS, CARBON CREDITS OR SUBSIDIES).

Additional Benefits:We do NOT use food crops or animal feed for fuel.

Reduced commodity risk; to the extent that our customers generate their own waste as a reliable fuel source, they eliminate the market risk of obtaining diesel fuel oil at an uncertain price.

Our Value Proposition

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Summary of Benefits- 1

Complete automation eliminates the need and expense for full time engineers or technicians.

Proven hardware and software reliability with an uptime rate of > 95%.

Access to worldwide installation and service networks capable of monitoring and maintaining the Systems on a 24/7 basis.

Attractive economics: quick pay-back (about 3 to 4 years before tax benefits).

Our customers can commence operations quickly, usually without long construction periods and local permitting delays.

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• Complete turnkey services.

• Short production, delivery, installation, commissioning and permitting time.

• We offer a wide range of HO, CHP and PO System sizes and configurations.

• We can provide flexible sales, leasing (up to 20 years) and Power Purchase Agreement programs.

Summary of Benefits- 2

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AgriPower’s HO and CHP Systems can cleanly dispose of recurring Biomass waste in a useful and sustainable manner.

They also provide many customer benefits:

• low-cost power and Heat Energy (hot air, hot water and steam).

• numerous Co-Generation applications such as air conditioning, refrigeration, water purification, ice, etc.

• designed for easy transport to remote locations and a rapid and lower cost installation.

• customer controlled, secure, reliable, resilient, on-site power and heat source.

Conclusion

For Additional Information

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

BARRY J. BERMAN, CEOTEL: (516) 829-2000FAX: (516) 487-3163MOB: (516) 384-2100

E-MAIL: BBERMAN@AGRIPOWER.COMOR VISIT OUR WEBSITE: WWW.AGRIPOWER.COM

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