Company Introduction October 2011

Content

Confidential 2

I. The company

II. We mean quality

III. The benefits of choosing Senersun

The company / Overview

Confidential 3

French company - Solar panel manufacturer

Modules produced in our integrated factory

Emphasis on Quality at every level

300 MW capacity in 2012

Division of

Company snapshot

The company / Milestones

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2008

Creation of

Senergy Corp.

2009

Creation of

Senersun

Oct. 2011

Acquisition of Shinew

Photoelectronic

Technology Feb. 2011

Offices in Italy, Spain

March 2011

Netherlands office

Sept. 2011

4MW Solar farm - Italy

January 2011

Agreement with STS:

100% certification

Our growth is driven by quality enhancement and local customer service

Company’s Milestones

Financed by:

The company / Management

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ALEXANDRE MINUZZO Chief Executive Officer CEO of Senergy Corporation

Former Director of Procurement at Trina Solar

BBA Marketing (USA), BBA International Business &

Degree in Finance (France)

WALTER VAN LOON Sales and Marketing Director 10+ years senior management experience in the PV industry

PV industry guru, with extensive knowledge and networks.

Business School Netherlands

JORGE PRADO Manager Senersun Spain

PAOLO FANNI Manager Senersun Italy

Experienced Management Team

Experience worldwide to meet your expectations

FRANCOIS BETOUIGT Manager Senersun France

The company / Local presence

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Local offices

Operations

Marseille, France

Barcelona, Spain

Milan, Italy Bordeaux, France

Roosendaal, Netherlands

Ankara, Turkey* Istanbul, Turkey*

Present throughout Europe

*Opening in December 2011

The company / Value chain

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INGOTS WAFERS* CELLS PANELS QUALITY

CONTROL* CUSTOMER

SERVICE SILICON

*outsourced to strategic partners

Vertically integrated business model

The company / Company reliability

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Financial sustainability :

Division of Senergy Corp. : strong financial

assets

Senersun and its branches don’t bear the

factory’s financial risks

Senersun’s liability immutable over time

Senersun modules are covered throughout their lifetime,

no matter what

Senersun

France Senersun

Factory Risk

Product sustainability :

International Insurance (Chubb)

Risk coverage for our customers

Covers: civil liability, products and

operations

100% product quality guaranteed: tests both

in-house and independently

In-house quality

100% Third party testing and

certification

Company’s long-term sustainability

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The company / Eco-responsibility

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Factory’s compliance with international

and local regulations

Independent inspections on a regular

agenda to check our results

ISO 14001 certification in progress

In-house waste management program

Clean disposal of the waste generated by

the factory

Waste water treatment system

Better quality = Reduction of mid-

term disposal

Eco-minded office behaviour

Waste management in factory

We mean Eco-responsibility

Recycling program

Member of CERES recycling program

Silicon broken during cells production is recycled

Internal recycling program on components

Supplier recycling program

The company / References

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9kW - SSM72A, France

Solar farm with SSP60C - Arezzo province, Italy Quantity: 4MW

Utility-scale projects

Roof-top installations

Specific applications

Carport with SSP60C - Spain Quantity: 3kW

3kW - SSP60C, France 3kW - SSM72A Solrif, France

Examples of projects

Content

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I. The company

II. We mean quality

III. The benefits of choosing Senersun

We mean quality / The highest quality rate

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Highest quality rate on the market

80% 82% 84% 86% 88% 90% 92% 94% 96% 98% 100%

Manufacturer 7

Manufacturer 6

Manufacturer 5

Manufacturer 4

Manufacturer 3

Manufacturer 2

Senersun

Overall Quality yield rate (based on STS’ results - June/September)

Source: STS Certified, September 2011

We mean quality / Manufacturing

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- Modules manufactured in Senersun’s factory

- Strategic location for better cost-competitiveness

- Vertical integration (Ingots, Cells, Modules)

- 430 employees worldwide (as of 10.2011)

Senersun’s factory

0

50

100

150

200

250

300

Silicon Ingots Cells Modules

Capacity per workshop (in MW)

2010

2011

2012

The module factory: 300MW in 2012

factory

We mean quality/ Workshops

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Solar ingot workshop

100 x Mono ingot furnaces

20 x Poly ingot furnaces

Solar cell workshop

Printing machine: BACCINI italy

Sintering machine: DESPATCH usa

Solar cells Crystalline

silicon ingots

Vertical integration: our workshops

factory

We mean quality / Manufacturing

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State-of-the art equipments & Automated production lines

factory

Vertical integration: our module assembly workshops

We mean quality / In-house quality

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The highest quality level on the market

ISO Compliant factory (9001:2008 Quality

Management System)

Automated production lines

High-end testing equipments (Flash, EL)

Modules produced in clean room level

environment

In-house quality process

EL tests: before and after the lamination

Flash test: performed on high quality equipment

Tests performed on Industry-leading

equipments: AAA class, IEC certified

We mean quality / STS certification

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Exclusive independent 100% testing:

Every Senersun panel is re-checked

and validated one by one, not

based on samples

10 categories of tests including:

EL

Flash + analysis

Technical tests, etc.

STS unique operation process:

Cost effective and fast

Senersun + STS

strategic partnership Better quality,

better cost efficiency

Third-party testing = 100% Zero defect

Wormanship defect vs quality Packaging checking EL test: an « X-ray » of the panel

We mean quality / 100% Perfect quality

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Workmanship risk

Our solution: Visual inspection

Water-proofing checking

Components, Connections checking

Electrical risk

Our solution:

Quantity, packaging

Container loading check

Electrical risk

Our solution:

Electrical characteristics

Electro luminescence

√ X √ X √ ?

A solution to EVERY risk

X

Certifications (Compliance

checked by STS)

Components Compliance to

certificate checked

and validated

We mean quality / Warranty

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Product fully certified:

Testimony of Senersun’s quality and safety standards

Modules and components’ compliance with certificates checked by STS

Warranty throughout the module’s lifetime

10-year product warranty

Power output: 90% for 10 years; 80% for 25 years

Materials Quality materials only

(Senergy channel)

Modules Compliance to

certificate checked

and validated

Safety and warranty

Content

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I. The company

II. We mean quality

III. The benefits of choosing Senersun

Why Senersun / Increase your sales

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“When we look at the results, Senersun helped us

increase our business rapidly and if we listen to their

comments, our customers are all satisfied with the

modules’ quality”

Jens Van Hove - Owner, Artinis

“The solar modules look great and quality is

excellent, I am very impressed with your

company”

Shaun F. - Installer

Give the right pitch to your customers:

Our mission

INCREASE YOUR SALES!

Best Quality-to-

price ratio European team

Every module checked

and certified

To maintain the highest quality

standards, all Senersun panels

are re-checked, validated, and

certified by an independent

testing center

The only manufacturer

able to offer this level

of reliability at such

competitive price

Factory managed by

European experts

Why Senersun / The best ROI

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The best return on investment

-10.000 €

-5.000 €

- €

5.000 €

10.000 €

15.000 €

20.000 €

25.000 €

30.000 €

1 3 5 7 9 11 13 15 17 19 21 23 25

Ideal ROI

Senersun - STS Certified

Chinese Manufacturers

Japanese Manufacturers

Unrivaled

quality level

Affordable

Price

Best ROI for

your customers

Senersun’s ROI vs other manufacturers Strict in-house quality process

100% third party testing for a

100% quality

Cost effective business-model

Strategic partnerships for a

better cost management

High efficiency guaranteed

over the module’s lifetime

Competitive pricing policy

Why Senersun / Increase your sales

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- Senersun’s Sales kit

Ppt presentation (customized on demand)

Brochures

Merchandising (headsets, laptop bags, etc. )

Specific solutions in collaboration with our Marketing

department (e.g. Taylor-made posters, etc.)

- Some space in our website (Find a local reseller)

- Press release to promote mutual partnerships

- Enquiries received through the website submitted to

our partners:

Marketing support

Senersun partners Home Owner’s

enquiries www.senersun.com

Why Senersun / Product line

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Po

ly c

ryst

alli

ne

SSP36 135-145 Wp

SSP48 180-190 Wp

SSP54 200-215 Wp

SSP60 225-245 Wp

SSP72 270-285 Wp

SSM36 135-145 Wp

SSM72 180-190 Wp

SSM60 200-215 Wp

SSM72 225-245 Wp

Mo

no

cry

sta

llin

e

Thin film modules also

available

From 60 to 295 Wp: the choice is yours

STS checks for Senersun that every module’s

components comply with the certificates

Why Senersun / BIPV Solutions

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Customized to your needs

Engineered to offer the highest reliability

and performance in building integration

Transparency, resistance or aesthetic

factors customizable (glass-glass)

Featuring Senersun’s quality level

STS tested

ISO 9001:2008 compliant factory

Up to 10-year product warranty (Solrif)

Glass-glass Solrif®

2 solutions - 1 definition of quality

Senersun BIPV Solutions

With SSM72

Why Senersun / At your side

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Because behind our leadtime is your reputation:

Service as part of our quality standards

On-time delivery and high-end after sales services

Local support from your order until the panels are

installed

Senersun strives to make sure you and your customers are always 100% satisfied

Better service to strengthen your reputation

Key Take-aways

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Choosing Senersun, you choose a company

that:

Offers the best level of reliability

Offers one of the best quality-to-price ratios

Stay at your side before and after your order

Help you boost your business with concrete solutions

Will make your customers satisfied

In short, with Senersun,

you increase your performance

Quality

Affordable

Price

Service

Success

Key take-aways

Thank you Name, First Name Sales Manager, Senersun

Senersun 16 rue Laurent Sens

33000 Bordeaux France

info@senersun.com www.senersun.com