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ElectraTherm Commissions 10 Green Machines

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65 Cryostar. “Heat to electricity conversion.” http://www.cryostar.com/web/power-electricity.php 66 GE. “Heat Recovery Solutions.” http://www.geheatrecovery.com/wp- 67 content/uploads/factsheet_HRS_E_screen.pdf DSIRE. “Federal Incentives/Policies for Renewables & Efficiency.” 68 http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US13F&re=1&ee=1 Heat is Power. “Waste Heat-to-Power Group Rebrands Itself for a Capitol Hill Push.” 69 http://www.heatispower.org/ee-news-reports-on-heat-is-power-launch/ PACE Financing Terms: Maximum loan of 10% of just value of the property (exceptions may apply); Maximum 70 term length: 20 years Southeast Clean Energy Incentives & Policies Database. “Florida - Miami-Dade County - Voluntary Energy 71 Efficiency and Renewable Energy Program” http://www.southeastcleanenergy.org/policy/database.aspx Turboden website. “Is it suitable for you?” http://www.turboden.eu/en/applications/applications- 72 geothermal.php Bloomberg New Energy Finance. “Heat Recovery Solutions launches generators to mop up waste heat for power.” http://www.geheatrecovery.com/waste-heat-generation-news-and-events/media- 73 coverage/bloomberg-new-energy-finance/ The Guardian. “Germany’s renewable energy revolution leaves UK in the shade.” 74 http://www.guardian.co.uk/environment/2012/may/30/germany-renewable-energy-revolution Feed-in Tariff (FiT): A policy mechanism designed to encourage the adoption of renewable energy sources. It typically includes three key provisions: 1) Guaranteed grid access; 2) Long-term contracts for the electricity 75 produced; 3) Purchase prices that are based on the cost of renewable energy generation German Energy Blog. “Overview Renewable Energy Sources Act.“ 76 http://www.germanenergyblog.de/?page_id=283 77 Heat is Power. “About HIP” http://www.heatispower.org/about/ U.S. Tax Code: Section 45 – Electricity produced from certain renewable resources, etc. ; Section 48 – Energy 78 credit 79Geothermal Energy Association. http://geo-energy.org/Default.aspx 80 The Biomass Thermal Energy Council (BTEC). https://www.biomassthermal.org/ 81 Biogas. http://www.biogas.org.uk/ 82 Interview with Richard Cheng and Guofu Chen, TAS Energy, on 10/15/2012 BCS, Incorporated. "Waste Heat Recovery: Technologies and Opportunities in U.S. Industry." Office of Energy 83 Efficiency and Renewable Energy. March 2008. Greentech Media. “Geothermal Power.” http://www.greentechmedia.com/industry/read/geothermal-power- 84 global-market-size-technology-analysis-regul-45814/ Rowshanzadeh, Reza. “Performance and cost evaluation of Organic Rankine Cycle at different technologies (Master thesis).” Department of Energy Technology. KTH, Sweden. 85 J.M. de Escalona et. al., Part-load analysis of gas turbine & ORC combined cycles Applied Thermal Engineering 36 (2012) 63-72 86 Opcon Marine. http://www.opcon.se/web/Opcon_Marine.aspx 87 IEA. IEA Statistics. http://www.iea.org/stats/index.asp 88 E-mail exchange with Kevin Kitz, US Geothermal, 10/24/2012 89 American Dream Geothermal. “Geothermal Development Expands Globally.” 90 http://americandreamgeothermal.com/geothermal-development-expands-globally/ PR Newswire. “Global Metal Industry 2012-2017.” http://www.prnewswire.com/news-releases/global-metal- 91 industry-2012-2017-trend-profit-and-forecast-analysis-177482871.html 92 IMAP. Food and Beverage Industry Global Report - 2010 American Dream Geothermal. “Geothermal Development Expands Globally.” 93 http://americandreamgeothermal.com/geothermal-development-expands-globally/ DSIRE. Federal Incentives/Policies for Renewables & Efficiency. http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=US13F&re=1&ee=1 72

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