VOLT GROUP LIMITED — Regulatory Filings 2016

Mar 1, 2016

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ASX ANNOUNCEMENT

2 March 2016

ENERJI SIGNS MOU WITH WESTERN POWER

PARTIES TO COLLABORATE ON ELECTRICITY MICROGRID PROJECT IN KALBARRI

Enerji Limited (ASX:ERJ)(‘Enerji’ or the ‘Company’) has signed a Memorandum of Understanding (‘MOU’) with Electricity Networks Corporation (trading as Western Power), under which the two parties have agreed to work together to assess the viability of an innovative electricity microgrid solution (‘Project’) for the town of Kalbarri, located in Western Australia.

Western Power, which owns, operates and maintains the electricity transmission and distribution network in the south west of Western Australia, has today announced a seed funding package of $300,000 to cover the cost of a feasibility study into an electricity microgrid project at Kalbarri, which has the potential to be the largest fringe of grid electricity solution in Australia.

Under the MOU, Western Power and Enerji have agreed to work together for an initial period of six months, to investigate the best way to develop the Project, with the proposed solution likely to combine renewable energy generation from wind and solar, a battery storage system as well as Western Power’s existing network. The key objective of the system will be to deliver the Kalbarri community with improved network reliability and reduced costs.

The MOU represents an outstanding opportunity for Enerji, an emerging provider of innovative energy solutions, to expand its portfolio to include electricity microgrid and standalone power systems as well as its existing Accretive Thermal Energy Node (ATEN) waste heat to power technology.

Enerji’s Chief Executive Officer, Andrew Vlahov commented: “Enerji has identified enormous potential for it to play a central role in delivering innovative energy solutions via the development of microgrid power solutions, and we are looking forward to working collaboratively with Western Power to explore the opportunity at Kalbarri. It also represents Enerji’s expanded strategy to become a key provider of innovative energy solutions to both residential and commercial markets.”

ENDS

Further Information:

Andrew Vlahov John Gardner Chief Executive Officer Citadel-MAGNUS +61 411 131 113 +61 413 355 997 andrew.vlahov@enerji.com.au

Suite 22, 513 Hay Street, Subiaco, Western Australia PO Box 1933, West Perth 9872, Western Australia Phone: +61 8 9430 7522 | www.enerji.com.au

ASX: ERJ

Hon Mike Nahan MLA Minister for Energy

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Government of Western Australia Department of the Premier and Cabinet

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2/3/16

MEDIA STATEMENT

Powering the way for nation’s biggest microgrid

 Feasibility study to consider delivery of Australia’s largest microgrid

The State Government will investigate developing an electricity microgrid - likely to be Australia’s biggest edge-of-grid solution - to support the Kalbarri community, in Western Australia’s Mid-West region.

Energy Minister Mike Nahan today announced that Western Power would contribute $300,000 towards a feasibility study to develop a microgrid, which aims to improve the reliability of the 140 kilometre network between Geraldton and Kalbarri.

“The Kalbarri microgrid will be an important test for applying technology in an innovative way to improve electricity supply for regional communities while using the network more sustainably and affordably,” Dr Nahan said.

“This is a model that could be used as a blueprint for other regional areas and help in the development of further renewable generation across the rural edges of the electricity network.”

The feasibility study, which is expected to take six months to complete, will consider the best way to develop an electricity system that interacts with the network to supply the town and push excess power down the line.

The smart system would be able to reverse power flows overnight when stored energy was insufficient to meet demand and disconnect from the larger network should a fault occur.

The network between Geraldton and Kalbarri is commonly affected by extended power outages due to windborne salt and dust.

The Minister said microgrids were suited to regional areas because they could take different shapes, depending on the requirements of each community.

“It really is an exciting time in the electricity industry and these projects put WA at the forefront of the application of new technologies on a large scale,” he said.

“The Kalbarri energy project is just one of the innovative projects the Government is currently exploring to more efficiently and reliably supply electricity to rural and isolated communities. Other projects include Western Power’s development of a microgrid on Garden Island in partnership with Carnegie Wave Energy and its standalone power projects in the Great Southern and southern Wheatbelt, in partnership with Synergy and Horizon Power.”

Fact File

• About 2,000 customers are served by the network between Geraldton and Kalbarri

• The town has a seasonal energy daily peak of 3.7 megawatts  The Kalbarri microgrid is likely to source both solar and wind-generated power

Media contact: Yasmine Phillips - 6552 5700 or 0438 496 270

Visit www.premier.wa.gov.au for any audio/visual coverage. Subscribe to have media releases emailed automatically from www.mediastatements.wa.gov.au