Profile

Establishment April 22nd, 2004

Location (HQ)

Seoul OfficeSamhung officetel 1613, 705-9, Yeoksam-dong, Gangnam-gu,Seoul, South Korea

Employees 120 people

Capital US$ 5.5Million

Main BusinessesPV Module Manufacturing Business

671-2, Yong-dong, Gwangsan-gu,Gwangju 506-503, South Korea

PROFILE▐

PV Power Plant

Parent Company

SHINHAN PRIVATE EQUITY

SHINHANFINANCIALGROUP

Fortune Global 500

NONGHYUP INVESTMENT & SECURITIES CO., LTD.

100 KOREAN COMPANY

77 INCHEON PORT AUTHORITY

78 NONGHYUP

79 DAEKYO

US$ 201 Billion

US$ 1.2 Billion Total Capital

AssetsUS$ 162 Billion

US$ 536 Million Total Capital

Assets

77.57 %

Ratio ofshareholding:

10 %

Ratio ofshareholding:

Production Capacity

20072004 2010200820062005 2011

Annual Sales Volume

Annual Sales Volume

Certificates Products Approved By Approval Date

CEC PV Module California(U.S.A) Oct. 2009

UL 1703 PV Module C/UL (U.S.A) Sep. 2009

IEC 61215(ED.2), IEC 61730 PV Module TÜV (Germany) Oct. 2008

ISO14001 Environment Management System AFAQ-EAQA Feb. 2008

ISO9001 Quality Management System AFAQ-EAQA Feb. 2008

IEC 61215(ED.2) Safety Class II PV Module ÖVE (Austria) Nov. 2007

IEC 61215(ED.1) Safety Class II PV Module TÜV (Germany) Nov. 2005

35 New & Renewable equipments PV Module KEMCO(South Korea) Aug. 2007 - Jul. 2009

Int’l Certificates

PTC RECORD

STC: Solar irradiance 1,000W/m2, Cell temperature 25℃, Air Mass: 1.5PTC: Solar irradiance 1,000W/m2, Air temperature 20℃, Wind speed: 1m/sec at 10m above ground levelThe PTC rating, which is lower than the STC rating, is generally recognized as a more realistic measure of PV output because the test conditions better reflect "real world“ solar and climatic conditions, compare to the STC rating.Beginning July 1, 2009, only modules which are on the SB1 Guidelines compliant module list will be eligible for incentive in California.

PTC(PVUSA Test Condition) Record

Products

SE6S60210-235 Wp

SE6M60210-235 Wp

* 250 Wp module will be introduced by 2010

* Warranty90% of minimum warranty power output for 10 years80% of minimum warranty power output for 25 yearsFree from defect in materials and workmanship for 5 years

Products

OTHER MODULES

3 BUS BAR MODULE AR-ETCHING GLASS MODULE COLOR MODULE

- Use the 2mm 3 bus bar to maximizeits’ efficiency

- 0.5% higher efficiency than the 2 bus bar module - Less resistance and reliable

-AR(Anti Refection) technology is applied to make different color

-Functional Decoration for exterior-Stylish 8 different colored modules* Diamond blue, Fresh green,

Glitter red, Refined gray, Starry bluSparkling gold, Cocoa Brown,Aurora silver

-AR(Anti Refection) coating forthe low iron tempered glass

-Minimized the reflection loss-Better performance as it maximized the efficiency

Partnership

POWER PLANTS No Name of plantCapa.(kW)

On-grid Date System Location

1 Namdong power plant 1,000 Apr, 2010 Fixed Tracker Samchunpo

2 Hyein power plant 1,000 Oct, 2007 Fixed Tracker Haenam

3 Yeonggwang power plant 1,000 Nov, 2007 One Axis Tracker Yeonggwang

4 Huangshan Shindonga pp 1,000 Mar, 2008 One Axis Tracker Haenam

5 Changhwan power plant 1,000 Dec, 2007 One Axis Tracker Yeongdeok

6 Yeongju sunwoo power plant 1,200 Mar, 2008 One Axis Tracker Yeongju

7 Hwawon power plant 1,000 Nov, 2007 One Axis Tracker Gaenom

8 Jaesan energy power plant 1,000 May, 2008 One Axis Tracker Bonghwa

9 Hampyeong Daedong pp 1,000 May, 2008 One Axis Tracker Hampyeong

10 Jangheung Jangpyung pp 1,000 Sep, 2008 One Axis Tracker Jangheung

11 Usuyeong power plant 1,000 Sep, 2008 One Axis Tracker Haenam

12 Buan power plant 750 Jun, 2008 One Axis Tracker Buan

13 Heungyang power plant 500 May, 2008 One Axis Tracker Goheung

14 Namgye power plant 400 Jan, 2008 One Axis Tracker Goheung

15 Seoul cheonggye power plant 300 Jan, 2008 Fixed Tracker Seoul

16 Other power plant 5,570 2007~2008 Fixed Tracker Korea

17 Namhae power plant 1,000 Oct, 2006 One Axis Tracker Gangjin

18 General spread, Home project 2,780 2005~2008 Fixed Tracker Korea

Total 21,500 2005~2008 Korea

Installation Cases

SOLARPOWER PLANT

HAENAM GYEGOK / 1 MegawattSOUTH KOREA

Installation Cases

SOLARPOWER PLANT

EL BONILLO / 4.5 MegawattSPAIN