GH Solar Corporate Presentation may 2011

2. Overview Overview Company Info Quality Products CustomizedSolutions Service Warranties Why GH Solar?! Realisations

3. Company Info Company Info Mission Statement: “BelgianManufacturer of photovoltaicsolar panels according to the latestqualitystandards” CorporateValues: To be thankful for all parties involved in both the role that they fulfill and in their essence. Also go the very last mile in product and service quality. Development by stimulating creativity, structured research and personal growth.

4. Company Info Company Info Company history 2006: G(oris)H(ermans) Solar Engineers KULeuven 2010: From 4 to 10 employees Turnover: 14,8 Mio € 2011 : Capacity : 25MW Employees : 15 International presence Total production under 6 Sigma

5. Company Info Company Info GH Solar Europe Belgian CEO = Eric Hermans: Sales Service Marketing Accountancy Logistics: Warehousing & Transport Research & Development:

6. Company Info Company Info GH Solar Asia Belgian CEO = Michael Goris: Engineering Local support Contact suppliers Supervisionproduction site QualityControl:

7. Quality Quality EmpoweringPeople Respect Creativity Personalgrowth ContinuousImprovingProcesses Durable Component Choice

9. Hotspot-free

10. Low ReverseCurrent

11. High Shunt Resistance

12. Stable Visual Appearance

13. Low TemperatureCoefficients

14. Low LID (LightInducedDegradation)

16. Bypass-diodesfollowingSchottkyPrinciple

17. IP65

18. Connectors :

19. MC4 compatible

20. IP67

21. Glass :

22. Tempered

23. Patterned / Flat glass

24. EVA/TPT :

25. Excellent UV-resistance

26. High peel strength

27. Silicone instead of screws

29. BaseLine:

30. 5 Inch MONO: 45Wp - 255Wp

31. 6 Inch POLY: 205Wp - 290Wp

32. ExceLine

33. 5 Inch MONO: 45Wp - 265Wp

34. EnduroLine

35. 6 Inch MONO : 200Wp - 300Wp

36. Backsheet

37. White Series

38. Black Series

39. Transparent Series

41. Cell & type

42. Number of cells

43. Space between cells and frame

44. Withor without frame

45. Color backsheet & frame

46. Type & positionjunctionbox

49. Service Service GH Solar SalesSolutions: Stock On Order CustomerAllocated Stock (CAS) FrameworkAgreement Local/EuropeanContacts Logistic Support Marketing Support customer.service@ghsolar.be

50. Service GH Solar SalesSolutions SPOT: Panel: ALL Quantity: 10kW – 500kW Payment: 30% @ order / 70% 5D STOCK: Panel (Black & White): 190/195/240/250/255/265 Quantity: 5kW – 100kW Payment: 100% @ order

51. Service GH Solar SalesSolutions CAS: Panel (Black & White): 190/195/240/250/255/265 Quantity: 40kW – 250kW Payment: Negotiable # Deliveries: Max 5 within 3 months Quant/delivery: Min 10kW FrameworkAgreement : Panel (Black & White): 190/195/240/250/255/265 Duration: 12 months Quantity: Min 250kW Payment: Negotiable Quant/order: Min 50kW

53. Power warranty> 90% of the power after 10 years > 80% of the power after 25 years

54. Why GH Solar ? Why GH Solar ?!

55. Why GH Solar ?! Unique SellingPropositions

56. Realisations

57. Geel Belgium, August 2010 GH Solar Black Series

58. Bretagne France, 2009-2010 B2C Installations GH Solar Black Series

59. Pays-de-la-Loire France, January 2009 Transparentsolar panel without frame

60. Pays-de-la-Loire France, January 2009 Transparentsolar panel without frame

61. Loudes France, April 2009 165 kWp

62. Ludwigshafen-Rucheim Germany, July 2009 100 kWp

63. Ludwigshafen-Rucheim Germany, July 2009 100 kWp

64. Alpen Germany, May 2010 150 kWp

65. Ter Laak Netherlands, April 2011 250 kWp