Probir Ghosh

President, CEO & Ambassador, invVEST

Setting The Framework

WHY

We need to Accelerate

USA- India

Sustainable Energy Initiatives

Is Colorado the right place to start?

0

5

10

15

20

25

30

35

40

45

50

55

60

2010 2020 2030 2040 2050

USA EU 5

China Japan

India

USA 16%

EU5

Japan

India 9%

China 32%

Of Global GDP

CHINA DOMINANT SCENARIO2050 Global GDP ~$160T

PROGNOSIS: UNSUSTAINABLE

2.5% 7.0%

8%

2.25%

1%1.5%

3.0%

5.0%

8%

6%

4.0%

5.0%

GDP $T

USA 25%

China <9%

India<3%

1%

Are we heading this way?

We may fare even worse,

If we do not transition fast……Many like Jim Collins,

Ariana Huffington ,

Fareed Zakaria

seem to think so …

invVEST Proprietary

3

0

5

10

15

20

25

30

35

40

45

50

55

60

2010 2020 2030 2040 2050

USA EU 5

China Japan

India

USA 16%

EU5

Japan

India 9%

China 32%

Of Global GDP

CHINA DOMINANT SCENARIO2050 Global GDP ~$160T

PROGNOSIS: UNSUSTAINABLE

2.5% 7.0%

8%

2.25%

1%1.5%

3.0%

5.0%

8%

6%

4.0%

5.0%

GDP $T

USA 25%

China <9%

India<3%

1%

0

5

10

15

20

25

30

35

40

45

50

55

60

2010 2020 2030 2040 2050

USA EU 5

China Japan

India

USA 22.5%

EU5

Japan

India 14.5%

China 21.5%

BALANCED POWER SCENARIO2050 Global GDP ~$200T

PROGNOSIS: SUSTAINABLE

3.5%6.0%

7.5%

2.25%

2.5%

3.0%

3.0%

4.5%

8.5%

9.5%

6.0%

7.0%

GDP $T

Global Leadership in Energy Transition will be the critical

component of overall Global Leadership for this century.

Without Rapid Energy Transition, the world faces unprecedented

global crisis that may end civilization as we know it.

In the next 20 years:

Energy Transition

is a $80 -$120

Trillion Opportunity,

Globally.

HOW?

invVEST Proprietary

4

0

5,000,000

10,000,000

15,000,000

20,000,000

25,000,000

30,000,000

35,000,000

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 * 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

United States

China

India

US $

Millions

China, USA & India GDP PPP as per Economic Watch*China potential bubble poppers: not transitioning to SEI in time

undervalued currency

low/no cost financing stress

working age

oppressive conditions

Cultural/Political revolution?

India‟s main challenge: Inclusive (Equitable)growth

Infrastructure, starting with energy

Regional Instability

China PPP GDP Crosses USA by 2012

Dominant China ERA?

China

USA

India

India ramps up to

@ 10%/yr, next 2 decades

India @ 8%

continued growth

USA economic growth is sustainable only if we generate increasing

Equitable trade from emerging economies, especially China & India invVEST Proprietary

5

1,642

2,295

3,856

3,862

12,478

22,801

47,251

69,006

3,667

10,687

16,185

100,018

19,078

67,090

178,941

230,838

19,113

29,798

91,158

369,142

54,035

148,172

249,293

274,664

- 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000

Exportsto India

ImportsfromIndia

Exportsto China

ImportsFromChina

Exportto OPEC

ImportsfromOPEC

Exportsto

Canada

Importsfrom

Canada

2010

2000

1985

US $ Millions

USA Historic Trade Dynamics withCanada, OPEC, China & India

Reference: EXIM Bank (Dec 2010 is estimated by invVEST)

in 25 years from 1985 to 2010Imports from China to USA grew 95 timeswhile imports to China grew only 23 timescreating huge trade imbalance issues.With GDP based on PPP ($15 Trillion) crossing USA by 2012Will China become the dominant Superpower by 2030??

Trade with India has been historically lowAs India opens up its ecomonies and addressesits infrastructure issues, to grow at the aspired9- 10% per year for the next two decadesIndia will potentailly become the third largest economyby 2025. Countries & entities that understand the Indian economic needscan significantly grow their trade with India.

Canda is the largest trading partner with USAalthough China became the largest importer to USA by 2008.

OPEC imports are dominated by Oilwhen Oil spiked in 2008, OPEC imports jumped to $240BUSA is venerable to Oil dependencies, so is India (even more so)and China. If China & India follow USA model as they develop,increased Oil demand will put upwards pressure on Oil prices.

We are importing much more than we are exportinginvVEST Proprietary

Asia, 2,342 , 38%

Europe, 1,936 , 32%

N America, 1,482 , 24%

Other, 366 , 6%

2001 Colorado Exports to World Region Total $6,125 M Region figures in $M

Asia, 2,091 , 31%

Europe, 1,613 , 24%

N America, 2,190 , 33%

Other, 776 , 12%

2010 Colorado Exports to World Region Total $6,670M Region figures in $M

World Exports grows by 9%

India, 24 , 1% China, 169 , 7%

Japan, 765 , 33%

Malaysia, 228 , 10%

Phillipines, 79 , 3%

Thailand, 47 , 2%

Hongkong, 262 , 11%

Taiwan, 152 , 7%

Other, 617 , 26%

2001 Colorado Exports to Asia Total $2,342M, Country figures in $M

India, 102 , 5%

China, 557 , 27%

Japan, 318 , 15%

Malaysia, 175 , 8%

Phillipines, 211 , 10%

Thailand, 62 , 3%

Hongkong, 140 , 7%

Taiwan, 156 , 7%

Other, 369 , 18%

2010 Colorado Exports to Asia Total $2,091M, Country figures in $M

While Exports to Asia shrinks by 11%

Exports to China & India are growing

But imports are growing faster>>>

How Do We Reverse The Trend?

invVEST Proprietary

7

1,642

3,667

19,113

21,024

23,589

29,486

36,563

59,776

169,730

2,295

10,687

29,798

32,629

35,729

38,944

42,644

68,992

170,979

- 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000

1985

2000

2010

2011

2012

2013

2014

2020

2030

Imports from India

Exports to India

USA India Trade Desired Scenario

Focus on Next 4 Years for Specific Engagements

$102M Colorado Export or 0.5% of USA Exports to India

STRETCH TARGET:$500M Colorado Export or ~1.4% of USA Exports to India

HOW?

$M

Energy related exports to India

can be more than 25%

with focused teams that

Learn to Adapt to Indian Environment

invVEST Proprietary

8

Historic dataProjections

India

vs. India

TERI

High

BAU Case

TERI, IEA

7% GDP Ref. Case

IEA Low Case

EIA Ref. Case

Old Paradigm:

China Energy Growth fueled

By Coal based Energy Scaling

70% of net new installs

globally last decade

New Paradigm:

India Growth fueled by Massive

SEI* based Energy Transition

invVEST SEI fosters

Responsive Growth

* SEI: Sustainable Energy Initiative

USA

CHINA

INDIA

Tkwh

29.3

58.6

5.86

In the next 20 years China will

still add 40- 80 Quads,

but so will IndiaCan the USA leverage these markets?

invVEST Proprietary

Sizing The Sheer Scale & Vital Stats for India‟s Energy Needs

Coal625,019

75%

Gas33,246

4%

Diesel6,649 1%

Nuclear26,285

3%

Hydro114,296

14%

RES(MNRE)29,099

3%

Actual Generation 2010 -11 MU

Coal1,294,996

75%

Gas71,627

4%

Diesel1,576 0%

Nuclear69,222

4%

Hydro182,634

11%

RES(MNRE)95,564

6%

Ideal Generation 2016-17 MU

2010-11 Total Generation: 835 B KWH

2016-17 Total Generation: 1,715 B KWH

105% growth13.5% apr

A Few Indicators:

Tata Power Installed Capacity

2010 - 3 GW

2017 – 25 GW

2017 Energy/CapitaIndia : 1,320KwhColorado : 10,908Kwh

113 GW Thermal,, 5GW Nuclear,

38 GW Hydro, 18.5GW RE Installed

Total 174 GW

208 GW Thermal,8 GW Nuclear,

60 GW Hydro, 27 GW RE Installed Total 323GW New 149 GW

10

69%

28%

12%

9%

20102030

BAU

2030

invVEST Stretch

5

15

20

10

-5

0

25

Trillion

Kwh Eq.

Sustainable Energy

Biomass Non-Commercial Energy

Fossil Fuel Energy

Energy Efficiency &

Conservation

23% USA

5.7% world

3%

79%

<65%

12%

>23%

Dynamic 1Reduce Fossil

Energy use

Dynamic 2Increase

Energy Eff. &

Conservation

4X

increase

2X

increase

1 Trillion Kwh = 135 x 1GW Power Plants, or 1 Gigaton of CO2 from coal plant @85% plf

Solar Current Technologies @5acres/MW, 1 Trillion Kwh = 3.3 Million Acres

Eff. & Conservation

4 T Kwh ~ 4 Gigatons CO2

Equivalent to:

Not having to build

540 x 1 GW coal plants eq.

Key Take Away:

Fossil fuel based energy

grows two times.

Even if India adopts

Stretch Energy Transition

Plan invVEST Proposes:

Opportunities to USA?

Sizing The Sheer Scale & Vital Stats for India‟s Energy Needs

Energy transition will create exciting

business & job opportunities globally.

India‟s sheer size of energy growth

Creates a $4-6 Trillion Opportunity invVEST Proprietary

11

Some New Paradigms to Consider:

If Energy is clean, economical & abundantly available,

we will use energy in ways we have never imagined before and

energy usage & markets will grow exponentially.

India‟s lack of Fossil Based Energy Infrastructure compared to Developed Countries

& China gives India a serious advantage to disruptively transition to Clean

Sustainable Self Reliant Energy. India needs to seize the moment.

The 800 million plus Rural and Urban poor in India who have no or limited energy

access adopt energy efficient usage instead of mimicking developed country

(especially USA) extravagant energy usage patterns.

When the Market Matures the focus rightly should be

on getting a larger share of the pie

When the market is emerging, the focus should be on making the pie exponentially

bigger. Multi-disciplinary collaborations are key enablers

“Coopetition”: Brandenburg & Nalebuff

India Transformed Telecom with disruptive change

Can we do the same with Sustainable Energy Transition?

The Situation Analysis produces many analogies….

12

TELECOMMUNICATIONS TRANSITION SUSTAINABLE ENERGY TRANSITION

20 YEARS AGO 20 YEARS FROM NOW

In 1990, land line based telecommunications was under sever stress In 2010, fossil fuel based energy is under severe stress

Phone connections were overloaded, less than 50% made connections.

Today, thanks to cell phones, connections are taken for granted, leading to

exponential improvement in connectivity & productivity.

Energy systems overloaded, 10 -15% shortfalls, rolling blackouts/brownouts.

Can we transition to abundant sustainable energy systems that can be clean

and available on demand by 2030? Imagine what it can do to productivity.

There were almost no phone connections in the rural areas. Today cell phones

are ubiquitous. India has 400 M+ cell phones that are growing at the rate of

8M+ a month because they are affordable even to the rural and urban poor.

Rural India in many areas still do not have basic power connections. Families

use chulas that cause serious health problems leading to death. Women &

children spend increasing time collecting firewood and cow dung, main cause

for illiteracy and low potential for earning a living.

Cost of owning a phone & long distance costs were very high. Today with a

portfolio of choices and competition, ownership costs are low and long distance

costs are low and even free (Skype, Google). Choice, technology & scaling

brought prices down exponentially.

Energy costs are out of reach for most rural and urban poor. Like cell phones

when they first came out, solar energy costs are high, but can be brought down

exponentially with a comprehensive scaling & technology strategies. Can

energy become ubiquitous for all?

India's phone systems were ancient to aging. Today, India's cell phone

technologies(at least on the application side, we are lagging in manufacturing)

are the best in the world, and our rural adaptations are unique innovations

customized for India.

The Energy infrastructure is ancient and aging, and cannot be extended without

a major overhaul. Can we adapt sustainable energy technologies that are

innovated in India and/or customized for India's specific needs?

Transitioning to cell phones bypassed the last mile issue that lead to explosive

growth.

Can we plan for off grid energy applications and possibly avoid the last mile

issues? Unlike cell phones, which had very little dependencies, issues may be

more complex here. Create model 2020 vision urban & rural sustainable

energy communities. Learn, improve & replicate enmass.

In 1990, less than 5% of the households were connected by phones. Lack of

existing infrastructure actually turned out to be a huge plus as India & its

companies did not have to fight the battle to replace existing services, contracts,

infrastructure. This was the single biggest reason for explosive growth.

India's lack of fossil fuel based energy infrastructure compared to developed

countries and even China may turn out to be the single largest enabler to

transition to new sustainable energy paradigm.

Land telephone lines were an eyesore, messy and were prone to illegal

tapping, and was a maintenance nightmare. Cell phones bypassed all these

issues.

Fossil based Energy as we know today, is considered a dirty word and is

harmful to the environment. Clean Sustainable Energy, locally available

abundantly, can be used in ways we have not imagined before.

in 1990, Telecommunications was totally govt.controlled and not open to local

and global competition. Global competition improved quality brought prices

down and scaling increased market size dramatically.

Energy is still primarily in Govt. control. Private and global competition will bring

the best technologies, and like before, Indian innovativeness and enterprise will

find ways to provide the best at the lowest costs.

Telecom & IT Industry transformation have generated hundreds of

Billion dollars in revenue stream and employs 10's of million people.

Transition to clean sustainable Energy will generate 4 Trillion in

revenues and provide means for employing 100's of million people.

Today, Telecommunications is one of the most vibrant industry in India.

One can make a similar case for information technology services. Both

initiatives will be key components of a successful energy transition to

clean sustainable self reliant energy for India.

Energy is the lifeblood for growing India's future economy. Massive

Scaling of SEI (Sustainable Energy Initiatives) that lead to clean,

ubiquitous and economically viable energy solutions can transform

India into a bonafide global powerhouse and dramatically improve the

quality of life for the masses.

CAN SUSTAINABLE ENERGY DISRUPTIVELY TRANSITION IN THE NEXT 20 YEARS FOR INDIA

LIKE THE TELECOMMUNICATIONS INDUSTRY DID IN THE LAST 20 YEARS? A FEW ANALOGIES

Our Vision:

“Imagine a Handoff,

Clean Sustainable Energy

Fueling our economy, curing our environment…

Securing Our Children‟s Future.

It’s in

our hands!

invVEST in Energy that’s Sustainable through

Virtual collaborative Teams

Probir Ghosh

Visit us atwww.invVEST.org

14

invVEST Purpose/Mission:

Enable Global Leadership through Massive Scaling of SEI*.

invVEST** is structured as nonprofit technology neutral apolitical organization

that promotes Sustainable Energy Initiatives(SEI)

by creating a strong network of Virtual Collaborative Teams.

* Sustainable Energy Initiatives.

** invVEST stands for: invest in Energy that‟s Sustainable

through Virtual collaborative Teams

USA & India must generate at least 35% of it‟s energy from SEI by 2030:

For USA to retain global leadership and maintain sustainable growth,

For enabling India to grow sustainably & become a legitimate global leader.

Promote Joint Energy Initiatives between USA & India 2011- 2012 Focus

Massive

Scalability in

future Carbon FootPrint PPI slope

Reducing Energy

Dependence on

one Region or

Source Side Effects Job Creation

Energy Efficiency &

Conservation Cluster

Solar Energy Cluster

Wind Energy Cluster

Geo Thermal Energy Cluster

Bio Fuels Energy Cluster

Biomass Energy Cluster

Nuclear Energy Cluster

Hydro Energy Cluster

Other Sustainable Energy

Cluster

Energy Storage Cluster

Energy Transmission Cluster

Energy Transportation and

infrastructure cluster.

Coal Energy cluster

Oil Energy cluster

Gas Energy Cluster

Vertical Clusters

SEI Traits0-10

invVEST Unique Differentiator: Defining Strength of SEI Index: (Sustainability Energy Initiatives) SEIMPAT: (SEI Matrix Portfolio Assessment Tool) Uses 6 criteria to measure & index the strength of each SEI.The index of 0 means worst, 10 means best. For a more detailed assessment, please contact invVEST.

If the energy source does not have high scores on each these six criteria,

it may not qualify for SEI, but it may still be a renewable energy source,

or may qualify as a bridge energy source.

Sustainable?

Co

nve

rgen

ce o

f E

ner

gy,

IT &

Tel

eco

m T

ech

no

log

ies

Th

e G

lue:

Sm

art

Gri

d “

Inte

llig

ent

En

erg

y o

n D

eman

d”

LCOEor

Carbon

Footprint

Side

EffectsEnergy

Dependency

Job

Creation

There is no silver bullet…

We need to leverage our

whole portfolio of energy options

using the sustainability index to help

Fuel Our Economy

Cure Our Environment

Secure Our Children’s Future.

invVEST Proprietary

16

USA-India Energy Transition Initiatives

MILESTONES UNTIL NOW

DU MBAIIT‟79

STK, CO

Transition

Lessons

Learned

Core Competencies

“And”

Stretch Goals

Virtual Teams

Coopetition

Thermax

‟79 – ‟87

Energy

Systems

Fossil

BioMass

Energy Audit

Efficiency

VSNI

Advisory

Services

B2K

„04 – ‟07

Outsourcing

Center

Jan „09

1st Meeting

In Basement

On Energy

Transition

Strategy

& Roadmap

invVEST

as nonprofit

conceived

India Energy

Transition

Framework

Position Paper

Jan „10

Energy

Research

& Advisory

India Trip 1

Jan „10

Keynotes @

IIT KGP

PES

IOCL R&D Conf.

Key Meetings:

MNRE

TATAs

Kalyani Grp

BHEL

Others

Media:

Bus.India

Indian Express

AREDAY

Aspen CO

Bridge to

China &

India Panel

India Trip 2

April „10

Keynotes @

IISc

PETROTECH

Meetings:

MNRE

CII

IIT

Others

India Trip 4

Oct/Nov „10

Presented @

DIREC (10,000 delegates)

PANIIT (4,000 delegates)

PETROTECH (6,000 delegates)

EIL

Meetings:

Planning Commission

Universities

Media

Govt.

Public & Pvt. Entities

Media:

Several journals

1 ON One Interview

Energy Transition

Lok Sabha, National TV

India Trip 3

May „10

Meetings:

Sam

Others

So far, invVEST has laid the foundation to establish strong credibility and networked connections in India

in Energy & Education Sector, creating an opportunity for Colorado & USA based entities to develop

numerous specific business opportunities that will be mutually beneficial for all involved

through dedicated teams & funded programs.

17

PANIIT Renewable Energy: Policy & Strategic Direction Panel:

L to R:Dr. Anupam Madhukar, Preofessor,USC; Mr. Pradeep Mathur, MD Cybermedia; Dr. Avinash Patkar,

Chief Sustainability Officer, TATA Power; Mr. P C Ranakawa, Minister of Power, Sri Lanka;

Probir Ghosh, CEO invVEST; Mr. Rajiv Sarup; HCL

DIREC Multi-stakeholder Panel:

L to R: Probir Ghosh, CEO invVEST; Dr. Harish. Hande, MD Selco; Dr. Jeremy Leggett, Chairman,

Solarcentury; Mr. A Correa do Lago, Director, Dept of Energy, Brazil; Dr. Sunita Narian,

Director, Center for Science & Env.; Mr. David Hale; President, College of Atlantic; Mr. Mark Radka,

Chief of Energy Branch, UNEP, Dr. David Renne‟, President, ISES & Principal, Project Leader NREL

Has participated in many major conferences and has interacted with 100‟s of key Thought Leaders

from Govt., Public and Private Sectors, NGOs & Institutions involved across the energy spectrum….

Arjun Malhotra: Chief Mentor, invVEST.

Chairman & Founder: Headstrong, Co-founder HCL, now $3B Plus Organization.. Chair,TiE Global, BOD Co-Chair, PAN IIT Alumni. Board of

Governors: IIT KGP foundation; ISB, Hydrabad; Mr. Malhotra studied at The Doon School, Dehradun, IIT, Kharagpur, B.Tech. (Hons.) in

Electronics & Electrical Communication Engineering, Advanced Management Program at Harvard Business School. Mr. Malhotra was

awarded the Albert Einstein Technology Medal for 2001.

Subir Das: Managing Director, India Initiatives, invVEST.

Mr. Das is a Chartered Accountant with over 28 years of experience in India. He was the C.E.O. of a large Plantation Company in India. Subir’s special interests lie in providing solutions to Policy, Regulatory, Legal framework & Funding for Sustainable Energy initiatives in India. Mr. Das is well versed in India’s Energy Initiatives such as National Solar Mission; Biofuels and Biomass based energy; with access to MNRE,CERC & many other Energy related Entities. Subir graduated from St. Xavier’s College, Calcutta and is a Member of the Institute of Chartered Accountants of India. Subir is a Board Member with several Public Sector Companies as their energy advisor for new ventures, mergers , JVs, and acquisitions.

Anand Kumar: Board of Advisors, India Initiatives, invVEST.

Anand Kumar has over 36 years of experience, most recently as Director (R&D), IndianOil Corporation Ltd. His experise lies in oil refining,

refinery planning, optimization, operations management, modernization, revamping, technology evaluation, selection, project management,

R&D, development, demonstration & commercialization of technologies, business process re-engineering, change management,

transformation & turnaround, innovation, environment, safety. He has over 40 published papers, several awards and 11 patents to his credit..

Anand Kumar has a B.E. in Chemical Engg, FAIMA. Board Member, Trustee of several Organizations & Universities.

Abhay Nalawade: Board of Advisors, India Initiatives, invVEST.

Abhay Nalawade is the Managing Director of EcoAxis Systems Pvt. Ltd. which provides a machine-to-machine (M2M) technology platform for

control, continuous remote has monitoring and analytics for energy (heating, cooling and power), water, and waste water systems, and CDM

projects. Prior to this, Abhay was the CEO & Managing Director of Thermax.. Abhay Nalawade graduated in Physics and has an MBA from

Pune University. He also completed a program in Management Development from Harvard Business School. He is a Board Member with

several Private Sector Companies.

Dr. Ashok Jhunjhunwala: Board of Advisors, India Initiatives, invVEST.

Dr. Ashok Jhunjhunwala teaches at IIT, Madras, where he leads the Telecommunications and Computer Networks group (TeNeT). This group

works with industry in the development of technologies relevant to India. Prior to this, he was an Asst. Prof with Washington State University.

Dr. Jhunjhunwala is on the Board of Directors for State Bank of India, TTML, Polaris, 3i Infotech, Sasken, Tejas, IDRBT, Tata Communications

and Exicom. He is member of Prime Minister’s Scientific Advisory Committee (SAC-PM). Dr.Jhunjhunwala received his B.Tech degree from

IIT, Kanpur, and his MS and Ph.D degrees from the University of Maine. Dr. Jhunjhunwala was awarded the Padma Shri honor in 2002.

Samiran Gupta: Founding Ambassador, Delhi, India Initiatives, invVEST.

Mr. Samiran Gupta is the founding Ambassador for invVEST Delhi. He with his company Access India Advisors Limited work closely with

invVEST to build a network of thought leaders and promote an ecosystem for collaborative efforts between NGOs and Government,

Companies, Professional Bodies, Educational and Research Institutions, for massive scaling of SEI: Sustainable Energy Initiatives that

embraces long term inclusive growth for India to emerge as a global leader in the foreseeable future. Samiran has a B.COM from Calcutta

University and an MBA from St.Josephs. University.

A more detailed list of invVEST team members and their area of expertise can be found at www.invVEST.org

invVEST

INDIA

TEAM

MEMBERS

SAMPLE

Dr. Rajan Kapur: Director USA & India Initiatives. invVEST Ambassador, Solar Energy.Dr. Rajan Kapur started his career in custom chip design at AT&T Bell Labs. He continued in chip and system

development in display technologies and consumer electronics at start-ups and mid-sized companies. Dr. Kapur is an

alumnus of IIT Kanpur, Rice University, and the University of Texas at Austin.

Dr. W.S. Sampath: invVEST Ambassador, Solar Energy.Dr. Sampath is Associate Professor in the Department of Mechanical Engineering at Colorado State University, Fort

Collins, Colorado. He graduated from IIT, Madras in 1980 and has been with CSU since 1985. He is a member of the

National CdTe R & D Team sponsored by the Dept. of Energy. The research on improving the manufacturing of CdTe

photovoltaics has been the main focus of his research since 1991. The research has been supported by NSF, DOE, EPA,

USAID, UN-ICS and Industry. The research is being commercialized by Abound Solar.

Vinod Kumar: invVEST Ambassador: Energy Storage, Alternative Energy Transportation.Vinod’s specializes in the transportation sector and in the promise of electric and fuel cell driven vehicles. Vinod has a

B. Tech., Mechanical Engineering, Indian Institute of Technology (IIT), Kanpur, India; MS, Mechanical & Aerospace

Engineering, University of Notre Dame; MSE, Mechanical & Aerospace Engineering, Princeton University; MS,

Statistics, Iowa State University; MBA, Cornell University. He has worked for General Motors (US) since 1994 in the

field of Hydrogen Fuel Cells and Battery packs for automotive applications. He has seven patents.

Karthik Krishna: invVEST Ambassador Smart Grid Initiatives.Karthik Krishna’s areas of expertise include smart grids, power market dynamics, distributed energy technologies,

bioenergy and technology commercialization. He currently holds the position of Sr. Project Engineer at Colorado Springs

Utilities . Karthik worked as a Research Engineer at Advanced Power Systems Research Center – Michigan

Technological University. Karthik has been an active member of US NIST led Smart Grid Interoperability Panel. Karthik

graduated with a Masters degree in Mechanical Engineering in 2006 and a MBA in 2009, both from Michigan Tech.

Dr. Pramod Jain: invVEST Ambassador, Wind Energy.Dr. Pramod Jain is a recognized expert in the field of wind resource assessment and has an in depth knowledge of

all aspects of wind energy projects. He is the author of Wind Energy Engineering. He is responsible for all the

planning activities from concept to pre-construction for several large projects. Pramod is an alumnus of IIT Bombay,

University of Kentucky, Lexington and University of California, Berkeley.

invVEST

USA

TEAM

MEMBERS

SAMPLE

Michael Miller: invVEST Board of Advisors. Renewable Fuels.Mike Miller has 30 years of experience in leading multi-nationals such as BP, Castrol, PepsiCo and Ford. Miller

spent the previous decade, in Europe and Asia, leading large, cross-functional petroleum teams in complex

cultures and demanding environments. He was the first American appointed to an overseas CEO spot by

Burmah Castrol plc. Miller holds a MBA from the Harvard Business School and has a B.S. in Business

Administration from Northeastern University

Dr. Sanjai Bhagat: invVEST Ambassador, Finance.Dr. Bhagat is a nationally recognized expert on: Financing of high-tech ventures, Governance aspects of the subprime

crisis,Valuation of private corporations,,Corporate governance and executive compensation.

Dr. Bhagat is Professor of Finance at the University of Colorado at Boulder. He has worked previously at the U.S.

Securities and Exchange Commission, Princeton University, and University of Chicago. He has an MBA from the

University of Rochester and a Ph.D. from the University of Washington.

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L

E

invVEST Team has published a series of articles related to SEI scaling and energy transition, including:Sustainable Energy Overview & Strategy; Solar Energy; Smart Grid; Energy Efficiency; Education & Awareness; Wind Energy; Nuclear Energy….

You can review these publications at: http://www.invvest.org/blog/invvest-publications/

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USA-India Energy Transition Initiatives: Leverage Colorado as Energy Transition Hub:

MILESTONES Proposed for 2011 to get to desired outcomes by 2014

Advise, Coordinate & Enable relevant

US - India Entity Meetings/Visits

Focused Groups:

Specific needs discussion

Large Companies/Entities

Large Groups:

Fact Finding, Preliminary, SME with common interests

Associations/bodies/ Govt. lead entourage

Desired Outcome

By YE 2014 (next 4 years)

Colorado Entities

establish incremental $100M+

Energy related business

with India

Desired Outcome

By YE 2020

SEI goals: 20 by 20

$ 500M+/yr. ?

for CO- India

Desired Outcome

By YE 2030

SEI goals: 35 by 30

$ 1+ B/yr

for CO- India

Jan 2011

DESIRED

OUTCOMES

By Dec 2011

Agreements

that lead to

Incremental

Energy related

Business

& Energy

related Trade

Identify Specific Engagements that lead to

Energy related business between Colorado &

India Entities

Discuss & Agree on POA, Resources, Time,

Source of Funds

Dec 2011 20302020

2014

Replicate for other USA based Entities

outside Colorado on Case by Case basis

DRAFT

Joint Initiatives are a two way street,

While many Colorado initiatives can be adapted for India Energy Initiatives,

We can learn from many India energy initiatives….