1. National Sun (Names Removed)

2. Project Description Methodology Market Research Financial Research Recommendations Questions Agenda

3. National Semiconductor Market Research Project Market Analysis Potential Success Recommendations Project Description

4. Optimizes energy output Ideal for non-uniform conditions Increases array output 10% – 30% SolarMagic

5. Initial research Internet articles Press releases Technical research Interviews Financial statements Analyst reports Methodology

6. Analysis Excel models Recommendations development Methodology

7. Market Research

8. Growth potential 2008 install capacity and generation Projected 40%-50% CAGR Industry maturity 2030 Forecast

10. Germany

11. Australia

12. Japan

13. China

14. India

15. Africa

18. Sharp

19. Sanyo

20. Suntech

21. Sunpower

22. Conergy

23. Sunergy

24. First Solar

25. Solarworld

27. Q-Cells # 1 leader in PV manufacturing Growth U.S. Focus Top B2B Partner Strategy

28. Sharp # 2 leader in PV manufacturing Located in key market Huge growth and support Top B2B Partner Strategy

29. Suntech Power Growth and strength Strategic in Spain and Germany China based Top B2B Partner Strategy

30. Enphase Energy Enphase Energy Inverter Micro Inverter MorningStar Sunsaver Maximum Power Point Tracking Act Solar Power String Competitor Products

31. Financial Research

32. Pricing Model

33. Pricing Model

34. Pricing Model

35. PG&E Baseline Territory X Value Proposition

36. Demand: 700 kWh ValueProposition

37. Demand: 1300 kWh Value Proposition

38. Payback

39. Return on Investment

40. Recommendations

41. Push Strategy Module Manufacturer Local Installers Strategic Recommendations

42. Module Manufacturers Increase efficiency Increase TAM Ingredient branding Local Installers Increase service line Backward and forward Support Strategic Recommendation

43. Recap: International focus U.S., Germany and Spain, Japan B2B: Q-Cells, Sharp, Suntech Power Price ceiling $175 Strategic Recommendation

44. Questions