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Epoch-change in energy provision and utilization

1. New-type, patented energy storing equipments for the economic storage of high
energy capacities
2. New-type, patented instruments for the utilization of soalr energy provided with
heat storing equipments

Images of the instruments mentioned in the project

1.Heat storing prototype

2.Heat storing equipment

3.Temperate zone

4.Mediterranean type

The most important characteristics of the instruments:

1. Their operation is automatic, without human control or supervision
2. Highest energy storing capacity, for long term
3. Their applicability to every presently used energy producing system
4. They ensure continuous energy provision in contrast to other solar energy
utilizing systems
5. Highest efficiency, coupled with an intelligent control system providing complex
services
6. Very favourable price, higher competitiveness
7. Their advantages as compared to other systems: high energy storing capacity,
connectability to every system, continuous operation, high efficiency, uniform
provision of energy independently of the season, much longer life time, complex
set of services, best return time of the investment.
8. Return time of the equipments: 2-2.5 years depending on the type of the
equipment
9. Pruducibility easily in large series
10. Huge number of orders can be expected as indicated by market searching.

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Project name: New solar energy project
Title: INVENTION and PRODUCTION 2011 s.r.o.
Address: 1126 Budapest, Bszrmnyi Str. 3/a, Hungary
Type of project: Energetics, production and marketing of energy utilizing
equipments
Type of finance required: Euro
Loan amounts ( US$/Euros) 100 million Euros
Loan term: 10 years
Collaterals available:
Purpose: The main reason for the world-wide crisis consists of expensive
and not sufficient amounts of energy carriers, the substitution of
which with cheap, environment-friendly, alternative energy
utilizing eqipments is the main aim of this project. As a result, a
drastic decrease int he energy costs, strengthening of the
economy and thus ceasing of the crisis and the disappearence of
the glass house effect is to be expected.


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2. Narrative

The firm under my lead deals with near to 30, mainly energetic equipments of innovative
nature, with their international patenting, with the production of the manufacturing and
marketing design of these equipments, with the elaboration of the financial, realization,
return, production and marketing plans of their serial production, with their world-wide
market research, with the manufacturing of pilot and prototype equipments, with keeping near
contact with uniuversities and research institutes, with tracing investors and cooperative
partners.

3. History

Market research indicated a high demand for such equipments, and concrete orders stimulated
us to found a firm for the serial production of these equipments which firm and its
menedgement with the assistance of excellent professionals is capable of performing
successfully the set task.

Where did the idea come from?
During my business discussions in Saudi Arabia, in countries of the EU and in China I was
informed about a very high demand for these equipments, and they urged me to start
production of them as soon as possible.

How did it evolve?
Research - patents experimental and pilot equipments market research financial and
realization plans investment for marketing and production plans for return of the
investment serial production sale.

Who is responsible?
As all the equipments int he project are results of my own research and development
activities, and since the aim of the project realization is the serial production and sale of the
above equipments, the only responsible for the project am I, Dr. Gbor Gde.
As physicist, I have been dealing for three decades with a new area of solar energy utilization,
with equipments connected to solar energy concentrators provided with high capacity energy
storing equipment usable for different purposes (sea water desalination, energy provision of
flats and houses , production of electric current, production of hydrogen, power stations
serving for desalination, for production of concrete and aluminium, drying equipments usable
in agriculture and food industry, evaporation equipments, devices for the condensation of
dilute solutions, drying of poisonuous materials (cyan, red mud, galvanic mud) for making
them harmless, operation of irrigation plants, warding off of natural catastrophes by a mirror
system set on a geosynchronuous path, with their technological development, patenting and
with the elaboration of projects ready to realization.

4. Mission statement

The sole task of the company is the production and sale of all three types of solar energy
storing equipments (solar energy storing, electric current storing and hybride-type storing)
and those of solar energy utilizing equipments operating with concentrators provided with
energy storing devices of the moderate climate and mediterraneous types.

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5. Stage
The equipments in the project have much better parameters than their rivals, thus they are
more competitive, and they will substitute traditional energy utilizing equipments of
disadvantageous properties. From all these it follows that the production and sale of the
equipments of the project will be soon profitable which trend will be even stronger int he next
years.

6. Market niche

At present, two kinds of solar energy utilizing devices are spread. One of them is the plane
collector used for heating water, the other one is the photovoltaic type of solar battery. The
most disadvantageous feature of them is that the storage of high energy capacities for longer
times is not ensured by them. Thus they can only be used periodically, when the sun is
shining. (Int he planecollector there is only an energy storing equipment of small capacity,
while in the solar batteries even that does not exist.) A further disadvantage is that their
efficiency is much smaller, their life-time is much shorter, the return time is much longer,
therefore these equipment are more expensive as calculated to their power, than the ones of
the project which satisfy all requirements. In spite of these disadvantages, they have a
voluminous market world-wide. It is therefore to be assumed that the equipments of the
project will be evaluated much higher at the world market.

7. Market research

All of the technological development and their patenting is the result of my own personal
work, to which I asked for the professional opinions of scientific and practical professionals. I
notice that the laboratory selection of the heat storing filling and its testing, as well as the
experiments with the selected eutectics were performed in the Technical University Budapest.
These results were utilized at the production of experimental and pilot equipments.

Market interest exceeded all expectations, which showed at the festive introduction of the
experimental equipment, where the representatives of different firms indicated buying
intentions in the value of 5 billion Forints all together. In addition, at the Budapest Autemn
International Fair more than 2000 private persons showed their intention to buy. Market
research abroad indicated even higher demands, from among which the most important are
from the United Arab Emirates the University of Sharjah, from the Research Institute for
Solar Energy, Its Director, Dr. Abdalla A. Alnajjar, in the business discussions at his visit in
Hungary promised a buy of yearly 1 million pieces of the mediterraneous type in the
representation of some big investors. During my business discussion with His Royal Highness
Prince Husam ben Abdul-Aziz Aal Saud in Rijad, he indicated a similar volume of buying
intention, but also Ph.D. Moustafa M. Soliman, one of the management of the Department of
Energetics of the USA held out the prospect of significant buying intentions.

8. Project ownership/management

To the realization of the project the mamagement consists of excellent professionals having
theoretical and practical knowledge. The same is true for the managers of the production. This
came to being through my narrow cooperation with the different departments of the Technical
University Budapest, with the Corvinus University, and with several academician and
research institutes of the Hungarian Academy of Sciences, as well as with some successfully
operating production firms. During this cooperation, several theoretical and practical

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professionals offered to take part int he elaboration of the project and in the common work of
realizing it. To create a management and to harmonize the necessary work will be my task,
which will be respected by the participants.

9. Financial overview

The realization of the project has seven sections: in the first year after opening the credit, the
buildings in which the production of equipments will occur are planned to build, whereas
buildings for the administration will be bought, if possible. At the same time, necessary
reconstruction work will be performed, together with the construction of buildings for
necessary substitute or completing task, e.g. for the safety system.

In the second section, filling up the management and office workers will occur, market
research s cooperating connections will be performed, and the raw materials needed for the
next half year will be bought.
The third section will be devoted to obtaining the production machines and other necessary
means.
In the fourth section, the managers and laborers will be applied, and the preparations for
contracting will occur.
In the fifth section contracting will be finished, and the production of nil series (trial) will be
started.
In section 6 service nets will be built out, and the preparation for serial production takes
place.
In section 7, quality control will be organized and serial production will be started.
These sections are not necessarily separated from each other, they can be eventually done
also in parallel.
The first year is the year of preparation, thus no income is planned for this year.
For the second year, which is the first year of production, we plan a net profit of 39 026 Euro,
for the third year a net profit of 50 264 Euro.
In designing the prices of the project equipments we took into consideration the lowest prices
of traditional equipments on the market, and planned lower prices than those for ensuring
sure and best market position.

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A. Income Statement:


Historical

2008 2009 2010
Revenue
Expenses
Net Income


Projected in million EUR

2011 2012 2013 2014 2015
Revenue 100 108.026 92.864 112.883 138.028
Expenses 31 69 42.600 48.900 56.235
Net Income 69 39.026 50.264 63.983 81.793



B. Balance Sheet


Projected in million EUR

2011 2012 2013 2014 2015
Total
Assets
27,834 70,68 109,706 159,97 223,953
Liabilities 100 127,118 118,238 96,318 94,418
Equity 68,8+27,834 39,026+70,68 50,264+109,706 63,983+159,97 81,793+223,953
Total
Liabilities
& Equity
-3,366 -17,412 41,731 127,635 211,328




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C. Use of Funds in EUR


Description Value EURO
The investing of the 100 million Euros required for the
realization of the project occurs in the first and second year
according to the detailed plan being in the realization plan. The
essence of this is the following: the first year is devoted to the
buying of the building for central management, to providing it
with the necessary instruments and for the salary and
additional costs of the personal of the central management for
one year, to covering the overhead expenses, such as
electricity and other expenses, total 4,417,000 Euros.








4,417,000
The costs of the reference plants for the three equipments in
the project, making exhibition halls and showrooms are
planned to be 4,000,000 Euros.


4,000,000
The next phase is to buy the buildings for manufacturing and
storing, which makes 19,100,000 Euros which includes the
costs of necessary renovation and transformation as well.

19,100,000
After that, production machines for the manufacturing of the
equipments needed for the project, the cost alloctead for them
is 41,517,000 Euros.


41,517,000
The salaries and extras of the employees for 3/4 year
is 9,700,000 Euros.

9,700,000
Energy costs for one year are calculated to
be 10,902,000 Euros.

10,902,000
Obtaining the raw materials needed for the operation of the
plants is 7,514,000 Euros.

7,514,000
For buying transport, elevating devices and motor vehicles
2,850,000 Euros are foreseen.

2,850,000
All these sums together make the 100,000,000 Euros. 100,000,000





Dr. Gbor Gde
project manager

03.10.2011.