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Trony Solar Holdings Company Limited
Corporate Presentation
August 2011
1   Global thin film leadership: production scale

        Global ranking by 2009 thin film production volume                       Rapid capacity expansion ahead

                                          CY 2009
                                       Production                                  Annualized capacity period end (MW)
                   Company                  (MW)      Location   Material type

            1      First Solar             1,100      US         CdTe
                                                                                                                                265
            2      ECD                       111      US         a-Si

            3      Sharp                       90     Japan      a-Si                                                    205

            4      Trony(1)                    69     China      a-Si

            5      NexPower                    52     Taiwan     a-Si                                       145

                                                                                                 115
            6      Mitsubishi                  44     Japan      a-Si

            7      Showa Shell                 43     Japan      CIGS

                   Sunfilm                     42     Germany    a-Si                 45
            8

            9      Kaneka                      40     Japan      a-Si

            10     Sunways                     33     Germany    a-Si
                                                                                     Oct-08     Aug-09     Mar-10        4Q10   Jun-11
                Source: Photon Consulting, May 2010
                (1) Actual shipment volume




                        Trony shipped 34MW of PV modules in the quarter ended June 30, 2010

                                                                                                                                         1
3   Capital efficient and flexible manufacturing

                                              Trony                                         AMAT/Oerlikon




        Capex per watt     Less than US$1 per watt                               Approximately US$2-3 per watt


        Module size        1.0 SQM, 1.4 SQM and 1.8 SQM                          5.7 SQM


        Conversion         Today 7.0%, to reach 7.5% by December 2010            Today 6.4%-8.2%
        efficiency

        PECVD              Multi-chamber, multi-pieces per batch leading to      Single chamber, single piece per
        /deposition          higher deposition efficiency                           batch

        Materials usage    Efficiency on silane usage and energy consumption     40% more silane usage compared
                                                                                    to Trony’s technology



              Established                   Strong IP            Government-sponsored
                                                                                                   Winner of 2009
              R&D team with 76              portfolio            R&D projects, including
                                                                                                   National IP
              members, led by Mr.           with 92              the “863 National High-
                                                                                                   award
              Li and CTO                    patents              Tech Programs”

                                                                                                                      2
Standard and tailor-made products offerings

       Standard Modules        Embedded Modules                    BIPV Platforms              PV Power Station       Integrated Kits




       Power: 2W – 65W           Indoor and Outdoor series      Power & Sizes:             Power: 65W            Power: 4W – 300W
       Sizes: 0.2 – 1.0 SqM      Power: 0.1W – 1W                Customized                 Size: 1 SqM           AC / DC Systems
                                  Sizes: Varies                  Platforms: Laminates,                             Small Home Appliances
                                                                   Double Glazed, Semi-
                                                                   Transparent, Louvered


                                   Diverse applications in off-grid, BIPV and on-grid


                                                                                                                                              3
2   Established leadership in the off-grid market
         Off-grid market includes non grid-connected applications such as solar home systems, solar
                           lighting, industrial, agricultural and consumer applications
                                             Standard modules




                                            Embedded modules




                                                                                                      5
2   Well positioned in the promising China BIPV market

        Proven success in flagship BIPV       China PV Market Reality
        projects in China since 2006…
                                               Largest urban construction market in the World

                                               Government incentive programs for building energy efficiency

                                               Increasing BIPV technology awareness and acceptance




        Nanshan Software    Jianke Building
         Park (Shenzhen)      (Shenzhen)


                                              Trony’s Market Position

                                               Unique a-Si product features and flexible manufacturing capability
                                                 supports highly customized solutions
                                               Leadership position in BIPV standardization: Four members on China’s
           Zhongjian Building (Changsha)         national BIPV technical standard committee, including chairman, are
                                                 from Trony
                                               Preferred provider of BIPV products selected by the Ministry of
                                                 Housing Construction
                                               Solid strategic channel partnerships: curtain-wall OEM, EPC firms and
                                                 design institutions

                Guangzhou TV Tower


            China’s 1st announced subsidy for solar markets: US$2.93 per watt for BIPV (April 2009)

                                                                                                                        6
Tibet




        7
Africa




         8
Our corporate strategies




                                                        PV Module
Category                    Function                                DC/AC   Removability
                                                        Power

SUNDIAL    Lights, Mobile Charging                        1-5 W      DC       Portable


SENTRY     Lights, Radio, DC TV, DC Fan                  10-50W      DC      Removable


           Lights, AC Fan, Fridge, Home Theatre, Sony
CAVALIER                                                100-500W    DC/AC    Removable
           PSP


OUTPOST    5-50kWh/day Power Supply System                1-5kW     DC/AC      Fixed


 OASIS     50-2000kWh/day Power Supply System           10-500kW     AC        Fixed


                                                                                         9
Why Sundial

LiPo Battery

Super efficient LED

Outstanding performance

High quality
LiPo Battery
      Green battery, no hazard chemicals
       and metals

      Maintenance free

      3 times or more life span than lead
        acid battery

      Super performance
Cycle Life: LiPo Vs. Lead Acid
                          120

                          100

                          80




            Capacity(%)
LiPo                      60

                          40

                          20

                           0
                                0   200   400   600   800     1000    1200   1400   1600   1800   2000
                                                         Cycle Number




Lead Acid
High Quality



TSL01 Passed Lighting Africa’s quality test

Exceeds Lighting Africa recommended
 performance targets

2 years worry-free warranty

Life time after-sale support
Lighting Africa’s Certificate for
     TSL02 is Processing
Sundial




          15
CAVALIER 100W-500W
Outpost: 1KW-5KW
Easy to Install

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Trony presentation naee 2011

  • 1. Trony Solar Holdings Company Limited Corporate Presentation August 2011
  • 2. 1 Global thin film leadership: production scale Global ranking by 2009 thin film production volume Rapid capacity expansion ahead CY 2009 Production Annualized capacity period end (MW) Company (MW) Location Material type 1 First Solar 1,100 US CdTe 265 2 ECD 111 US a-Si 3 Sharp 90 Japan a-Si 205 4 Trony(1) 69 China a-Si 5 NexPower 52 Taiwan a-Si 145 115 6 Mitsubishi 44 Japan a-Si 7 Showa Shell 43 Japan CIGS Sunfilm 42 Germany a-Si 45 8 9 Kaneka 40 Japan a-Si 10 Sunways 33 Germany a-Si Oct-08 Aug-09 Mar-10 4Q10 Jun-11 Source: Photon Consulting, May 2010 (1) Actual shipment volume Trony shipped 34MW of PV modules in the quarter ended June 30, 2010 1
  • 3. 3 Capital efficient and flexible manufacturing Trony AMAT/Oerlikon Capex per watt  Less than US$1 per watt  Approximately US$2-3 per watt Module size  1.0 SQM, 1.4 SQM and 1.8 SQM  5.7 SQM Conversion  Today 7.0%, to reach 7.5% by December 2010  Today 6.4%-8.2% efficiency PECVD  Multi-chamber, multi-pieces per batch leading to  Single chamber, single piece per /deposition higher deposition efficiency batch Materials usage  Efficiency on silane usage and energy consumption  40% more silane usage compared to Trony’s technology Established Strong IP Government-sponsored Winner of 2009 R&D team with 76 portfolio R&D projects, including National IP members, led by Mr. with 92 the “863 National High- award Li and CTO patents Tech Programs” 2
  • 4. Standard and tailor-made products offerings Standard Modules Embedded Modules BIPV Platforms PV Power Station Integrated Kits  Power: 2W – 65W  Indoor and Outdoor series  Power & Sizes:  Power: 65W  Power: 4W – 300W  Sizes: 0.2 – 1.0 SqM  Power: 0.1W – 1W Customized  Size: 1 SqM  AC / DC Systems  Sizes: Varies  Platforms: Laminates,  Small Home Appliances Double Glazed, Semi- Transparent, Louvered Diverse applications in off-grid, BIPV and on-grid 3
  • 5.
  • 6. 2 Established leadership in the off-grid market Off-grid market includes non grid-connected applications such as solar home systems, solar lighting, industrial, agricultural and consumer applications Standard modules Embedded modules 5
  • 7. 2 Well positioned in the promising China BIPV market Proven success in flagship BIPV China PV Market Reality projects in China since 2006…  Largest urban construction market in the World  Government incentive programs for building energy efficiency  Increasing BIPV technology awareness and acceptance Nanshan Software Jianke Building Park (Shenzhen) (Shenzhen) Trony’s Market Position  Unique a-Si product features and flexible manufacturing capability supports highly customized solutions  Leadership position in BIPV standardization: Four members on China’s Zhongjian Building (Changsha) national BIPV technical standard committee, including chairman, are from Trony  Preferred provider of BIPV products selected by the Ministry of Housing Construction  Solid strategic channel partnerships: curtain-wall OEM, EPC firms and design institutions Guangzhou TV Tower China’s 1st announced subsidy for solar markets: US$2.93 per watt for BIPV (April 2009) 6
  • 8. Tibet 7
  • 9. Africa 8
  • 10. Our corporate strategies PV Module Category Function DC/AC Removability Power SUNDIAL Lights, Mobile Charging 1-5 W DC Portable SENTRY Lights, Radio, DC TV, DC Fan 10-50W DC Removable Lights, AC Fan, Fridge, Home Theatre, Sony CAVALIER 100-500W DC/AC Removable PSP OUTPOST 5-50kWh/day Power Supply System 1-5kW DC/AC Fixed OASIS 50-2000kWh/day Power Supply System 10-500kW AC Fixed 9
  • 11. Why Sundial LiPo Battery Super efficient LED Outstanding performance High quality
  • 12. LiPo Battery Green battery, no hazard chemicals and metals Maintenance free 3 times or more life span than lead acid battery Super performance
  • 13. Cycle Life: LiPo Vs. Lead Acid 120 100 80 Capacity(%) LiPo 60 40 20 0 0 200 400 600 800 1000 1200 1400 1600 1800 2000 Cycle Number Lead Acid
  • 14. High Quality TSL01 Passed Lighting Africa’s quality test Exceeds Lighting Africa recommended performance targets 2 years worry-free warranty Life time after-sale support
  • 15. Lighting Africa’s Certificate for TSL02 is Processing
  • 16. Sundial 15
  • 17.
  • 19.