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Company Brief Presentation for Ocean Energy/Sintef

ETB S.A. is a performance-oriented company specializing in solar, wind, wave, and geothermal energy, as well as biofuels. With long-term links to Greek authorities and international partners, ETB aims to become the market leader in the Mediterranean region.

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Company Brief Presentation for Ocean Energy/Sintef

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  1. ENERGY TECHNOLOGIES & BIOFUELS S.A. Company Brief Presentation for Ocean Energy/Sintef May 28, 2018

  2. ENERGY TECHNOLOGIES & BIOFUELS S.A. About ETB SA Energy Technologies Biofuel S.A. (ETB) was established in 2006 in order to contribute to Greece’s and Cyprus’s environmental friendly energy solutions. Greece (main office):Norway: 13 EfkaliptonStr. EilertSundts Gt. 31 151 26 Athens (Marousi), Attika 0259 Oslo Tel. +30 210 6120 517 +47 909 34 155 Fax +30 210 8051 490 Organisation (Tax Identification) number: GR-998775096 ETB aims in becoming the market leader for solar, wind, wave and geothermal sources of energy as well as biofuels in Greece and Cyprus and expand its presence with partners in the greater Mediterranean.

  3. Board of Directors Cyprus Ministry of Energy Dr. Nikolaos Milonas Chairman PanayotisSamaras CEO Construction Companies P/V Biofuels Trading P/V Companies Oil Companies ETB’s Organisation Chartwithin Greece’s Milieu for Environmental Friendly Energy Greek Ministry of Development Universities

  4. ENERGY TECHNOLOGIES & BIOFUELS S.A. ETB’S Executive Team • Professor Nikolaos Milonas Chairman of the Board Vice rector of Finance/ National and Kapodistrian University of Athens • Panayotis Samaras CEO • Theodore Milonas Business Development Manager

  5. ENERGY TECHNOLOGIES & BIOFUELS S.A. ETB’s strength ETB is a performance-oriented company, carefully observing the developments within the environmental friendly solutions to seize opportunities. Its strength is that, within its core business, has long-term close working links and co-operations with • The Greek authorities such as: -The Greek Ministry of Development -RAE (Greece’s Regulatory Authority for Energy) -The Greek lokal authorities in the Aegean Sea • The largest Greek Construction and Shipyard companies and • International large environmental friendly energy market players such, among others, as REC Group and Cremer.

  6. ENERGY TECHNOLOGIES & BIOFUELS S.A. ETB’s Target Activities - I • Energy project development, project management, implementation and operation & maintenance of Renewable Energy projects. • Development, application, production, operation, and commercial utilization of products and technologies dealing with bio-fuels. • Production, storage, transport, trading, and management of methanol and bio-fuels and other energy products with technologies that are environmental-friendly.

  7. ENERGY TECHNOLOGIES & BIOFUELS S.A. ETB’s Target Activities - II • Research, evaluation and technological developmentof various energy applications and advisory services to private and public clients. • Management of environmental problems relating to the pollution of air, sea, and underground caused by various types of liquids. • ETB has its own solar park located at the Greek island of Samos.

  8. ENERGY TECHNOLOGIES & BIOFUELS S.A. Energy Regulation in Greece Greece administrates every aspect around RES (Renewable Energy Sources) via a supervisory body, called RAE (Regulatory Authority for Energy), which also has the whole responsibility and co-ordination of all available types of energy in Greece. Among other things, RAE grants licenses to construct solar and wind parks and issues licenses to produce electricity from all types of sources. Besides, RAE advises the Ministry of Energy on all energy and environmental issues and for ways to meet the goal of 20% renewables by 2020 for Greece.

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