Kiri

Proposal for 600 MW 24/7 Firm Renewable Energy Hybrid Project in Tartu

Your Excellencies,

We are pleased to submit this strategic proposal for a state-of-the-art Wind, Solar, and Pumped Hydro Hybrid power plant in Tartu. This project is engineered to provide 600 MW of continuous, 24/7 firm power to the national grid, eliminating the intermittency typically associated with renewables. By maximizing high-altitude wind resources and utilizing advanced energy storage, this hybrid system ensures zero curtailment and provides a sustainable, unsubsidized alternative to fossil fuel generation.

This investment represents a transformative shift for the national economy, involving a minimum 90% local workforce and a commitment to distribute 20% of annual profits toward health, education, and digital infrastructure. The project utilizes a strategy to prioritize storage during peak production, ensuring the lowest possible LCOE and long-term energy security.

Period               MW      TIC $b   LCOE   Capital   Profit    ROI      IRR

2030-2060         600       1.85      10.0      25.5      155%    12.5%   18.2%

2060-2090         600       1.15      7.0        22.0      214%    15.8%   22.4%

LCOE = LCOE/GTD = Generation+transmission+distribution cost to the capital city in US c/kWh; Capital = Capital All-In Tariff in the capital city in US c/kWh which may include carbon taxes; TIC = Total Investment Cost wind solar pump hydro hybrid.

The project offers flexible investment structures including BOT (Build-Operate-Transfer), BOOT (Build-Own-Operate-Transfer), BOO-1 (Build-Own-Operate, Private Investor 100% Owner, Government as Off-Taker), and BOO-2 (Build-Own-Operate, Private Investor 100% Owner, Private Sector and Government as Off-Takers).

Deployment Schedule:

June 2026: Proposal Agreement

July 2026-June 2027: Energy Resource Evaluation

July 2027: FID on resource confirmation

August 2027-November 2029: Procurement, Construction, Commissioning, COD

December 2029: Official Inauguration

We request an early discussion to review the technical specifications and the significant economic benefits this 600 MW hybrid facility will bring to the country.

Sincerely,

Mr. Michael See

Principal, Integra Clean Energy

Pavilion Tower

16th Floor

Jalan Raja Chulan

50200 Kuala Lumpur

Malaysia

Tel        +603 2182 9776

Cell       +65 9734 8618

Fax       +603 2182 9797

Email    [email protected]

Web     https://www.integracleanenergy.com/