STAKEHOLDER REPORT – FOLLOW-UP VISIT TO GERMANY – MARCH 2022

The focus of discussions was on defining the relevant steps to reach financial close on the Prieska Power Reserve Project.   Important matters regarding geotechnical studies & -requirements were addressed to ensure a detailed design and costing by the contractors.  The scope of operations & maintenance services was also amongst the discussions.

Carbon credits were also discussed.  Prieska Power Reserve will qualify for the voluntary carbon offset market, but with rising carbon taxes around the world, the voluntary emission market price will eventually rise. Currently the Solar and Wind production (MWh) of the PPR project can be registered on the available platforms. Once again, the visit to Germany was successful.  Further support was achieved towards the development and implementation plans of the project.

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FOLLOW-UP VISIT TO GERMANY Ammonia market volatility &the market entry  Prieska Power Reserve Project: update ORION TARGETS NET-ZERO CARBON EMISSIONS STAKEHOLDER REPORT – VISIT TO GERMANY PRIESKA POWER RESERVE OVERVIEW  PRIESKA POWER RESERVE ™