Mr. Myke Clark reports

REVOLVE COMMENCES OPERATION OF 450KW SOLAR PROJECT IN MEXICO

Revolve Renewable Power Corp.'s construction and commissioning are complete at the 451-kilowatt Colima solar project located in Mexico. The Colima project is operating and generating clean, renewable energy for a commercial customer located in Colima, Mexico. Revolve now has 12.78 megawatts of operating solar, wind and hydro projects in Canada and Mexico.

"The Colima project has been designed to maximize energy savings for the customer," said Eric Hickert, head of distributed generation for Revolve. "The project is expected to generate in excess of 650,00 kWh of renewable energy per year, offsetting approximately 325 tonnes of CO2 emissions and helping the customer meet their sustainability objectives. The Colima project consists of 772 solar modules and associated equipment, and will sell generate electricity to the customer under a 15-year fixed-price power purchase agreement."

Revolve's distribution generation business installs renewable power and storage systems at customer premises at its own cost and sells the renewable energy back to these customers through long-term power purchase agreements. The primary target markets are large commercial and industrial enterprises, including manufacturing operations and hotel chains that prefer renewable energy and seek to reduce their carbon dioxide emissions. With the completion of the Colima project, Revolve now operates 4.9 megawatts of distribution generation projects that deliver recurring revenue under long-term contracts.

"The commissioning of the Colima project is another important milestone for Revolve's DG business and represents a strong start to 2025," said Revolve chief executive officer Myke Clark. "We continue to see an increasing demand for distributed generation projects across our key target markets and expect an increasing pace of PPA signings for similar projects in the coming months. Distributed generation assets provide a strong, stable base of recurring revenue that supports our aggressive growth plans in the utility-scale project division of Revolve."

The company is also pleased to announce it has signed a letter of intent with a commercial customer in Mexico for the installation of a 250-kilowatt rooftop solar project. As with its other DG projects, Revolve will be the owner of the project with responsibility for the financing, installation and operation of the solar system. The project, subject to the execution of a power purchase agreement with the commercial customer, is targeted to be operational in 2025 and will add to the recurring revenue base of the company's distributed generation business.

In addition to Revolve's operating assets, the company continues to make positive progress on the 20-megawatt/80-megawatt-hour Vernal Bess project in Utah, the 49.5-megawatt Primus wind project in Colorado and the first stage of a 30-megawatt solar project in Alberta. All three are expected to reach ready-to-build status by the end of 2025.

About Revolve Renewable Power Corp.

Revolve was formed in 2012 to capitalize on the growing global demand for renewable power. Revolve develops utility-scale wind, solar, hydro and battery storage projects in the United States, Canada and Mexico. The company has a second division, Revolve Renewable Business Solutions, which installs and operates sub-20-megawatt behind-the-meter distributed generation assets. Revolve's portfolio includes the following:

• Operating assets: 12.78 MW (net) of operating assets under long-term power purchase agreements across Canada and Mexico covering wind, solar, battery storage and hydro generation;
• Development: a diverse portfolio of utility-scale development projects across the United States, Canada and Mexico with a combined capacity of over 3,000 MWs, as well as a 140 MW distributed generation portfolio that is under development.

Revolve has an accomplished management team with a demonstrated record of taking projects from greenfield through to ready-to-build status and concluding project sales to large operators of utility-scale renewable energy projects. To date, Revolve has developed and sold over 1,550 MW of projects.

Going forward, Revolve is targeting 5,000 MW of utility-scale projects under development in the United States, Canada and Mexico, and in parallel is rapidly expanding its portfolio of revenue-generating DG assets.

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