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Hanwha Solarone Gmbh Corporate Overview April 2012 Reliable Partner • Supported by the Hanwha Group • Strong Balance Sheet • Cost Structure

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Hanwha Solarone Gmbh Corporate Overview April 2012 Reliable Partner • Supported by the Hanwha Group • Strong Balance Sheet • Cost Structure Hanwha SolarOne GmbH Corporate Overview April 2012 Reliable Partner • Supported by the Hanwha Group • Strong balance sheet • Cost structure Committed Partner • Quality • Warranty terms Professional Partner • Technology development Proven Partner • Quality certificates • References, bankability Flexible Partner • Business model • Portfolio Trusted Partner • Long-term partnerships 2 Hanwha Solar • 7th largest PV module manufacturer 2011 • Close to 2,5 GW modules installed worldwide 3 Hanwha Solar – module capacities • Vertically integrated production • Module manufacturing capacity (2012): 1,5 GW • Manufacturing site: Qidong, near Shanghai, China • Employees: More than 11,000 worldwide 600,000 m2 (150 acres) manufacturing and R&D facilities in Qidong City, Jiangsu Province, 1 hour from Shanghai 4 Global Reach – Local Presence 5 Reliable Partner 6 Backed by the Hanwha Group • Hanwha is among the largest companies worldwide - ranked 321 on the 2011 Global Fortune 500 list • 60 Year history in international business Revenue 2010: USD 26,054 Mill. 7 Stable Development Module Shipment, 2007 – 2011 (2012 E) 2012 2011 2010 2009 (MW) 2008 2007 2006 2005 2004 1 2 3 4 5 6 Guidance Leading Cost Structure Cost targets and measures 9 Committed Partner 10 Committed to solar Hanwha has identified solar as a growth engine for the future - Target: becoming a leading solar company within this decade Ki-Joon Hong Head of Advisory Board Pres. And CEO of Hanwha Chemical Charles Kim President Tai Seng PNG Chris DK Kim Justin Lee Jay Seo Ebersbacher CSO CFO COO CCO CTO Bruce Ludemann Andreas Liebheit Paul Combs Mohan Narayanan VP Sales VP Sales EMEA VP Investor VP Technology N. America Relations 11 Committed to Quality • Korean quality management system • Extensive testing procedures exceeding TÜV requirements • State of the art testing laboratory • All key processes based on European equipment • 3rd party audits • R&D investments through three R&D Centres (Korea, USA, China) Background as World‘s largest OEM manufacturer, specialized on serving European high-quality brands Mechanical Load EL Tester Flash tester Environmental Chambers 12 Quality - manufacturing Cells • 100% visual inspection at each step • Sorting into tight power classes by current and efficiency • 180~200 µm cell thickness with cell breakage consistently below 0.5% Diffusion Etching Printing Flashing Sorting Modules • Every module undergoes EL, Hi-Pot and Flash tests • 100% visual inspection at each step • Every module tested via a calibrated solar simulator Cell Soldering Lay-Up Lamination Framing Testing 13 Guaranteed Quality Industry leading 12 year product warranty and linear 25 year performance warranty 100 97% Hanwha Solar - 12 yrs 98 96% Hanwha Solar mono - 12 yrs 96 94 92 90 88 86 84 82% 82 80 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 14 Professional Partner 15 Technology Development – short term PV Technology Plan 16 Certified Quality Product Certification nameIEC 61730 IEC 61215 MCS CE UL 1703 Environmentally International Product Performance Responsible International Quality and Safety Certifications Manufacturing Manufacturing For challenging environments: • Ammonia Corrosion, Fire Resistance Certificate • Salt Mist Corrosion test certificate based on the IEC 61701 standard 17 Verified Performance – PTC Ratings P230 P235 P280 Schüco USA Canadian Solar Suntech Canadian Solar Conergy Trina Suntech Schüco USA Hanwha SolarOne Conergy Suntech Yingli Hanwha SolarOne Hanwha SolarOne Jinko Q-Cells Q-Cells Solon Trina Trina Yingli Canadian Solar Yingli Jinko LDK Jinko Solon CEEG Solon Solarworld 240 245 250 255 260 CEEG Solarworld Aleo Solar CEEG Scheuten Scheuten LDK 200 205 210 215 220 195 200 205 210 215 Source : www.gosolarcalifornia.org (3/6/2011) www.gosolarcalifornia.ca.gov/equipment/pv_modules.php The PTC rating is performed by the governmental Californian testing institute on a neutral basis. The 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, compared to the STC rating. 18 Verified Performance – Customer measurement & Reference Projects 1. Fliegerhorst Oldenburg Our reliability is proven by our results. Operator/Installer: IFE Eriksen Location: Oldenburg, Germany Completion Date: December 2011 Rated System Power: 13,9 MW 2. Youngju PV Planet Operator/Installer: Taihan Techren Co.Lt Location: Youngju City, South Korea Completion Date: October 2009 Rated System Power: 2 MW 3. Xuzhou Xiexin Power Generation Station Operator/Installer : GCL Location: Xuzhou Jiangsu Province, China Completion Date: December 2009 Rated System Power: 3,9 MW 4. FVE Malesovice Operator/Installer: Nobility Project a.s. Location: Malesovice, Czech Republic Completion Date: December 2009 Rated System Power : 3,9 MW 5. Arnedo Operator/Installer: Isolux Ingenieria Location : Arnedo, Spain Completion Date: August 2008 Rated System Power : 33,6 MW 6. Rovigo Operatior/Installer: SunEdison Location: Rovigo, Italy Completion Date: November 2010 Rated System Power: 30MW (total 70 MW)20 PV Projects with Hanwha SolarOne modules (financed 2007 – 2010) Country Bank Country Bank Banca Intesa DKB Intesa Sanpaolo MCI Deutsche Bank Intesa Sanpaolo SpA LBBW Leasint (Intesa Sanpaolo Group) Banca Infrastrutture Innovazione e Sviluppo HSH Centrobanca Umweltbank Ferma Commerz Real Monte Dei Paschi di Siena Deutsche Bank Unicredit Leasing (Unicredit Group) DKB Leasing Italy Banco di Brescia SpA Hypo Vereinsbank / UniCredit Banco Popolare di Lavoro Sparkasse Niederbayern-Straubing Banca Popolare di Milano Banco Popolare di Verona Sparkasse Köln Bonn Germany Germany Banca Popolare di Vicenza Sparkasse Main Creval Bayrische Landesbank / Realis Gruppo UBI Banca Bremer Landesbank UBI Leasing Saarländische Landesbank MPS Leasing Volks- und Raiffeisenbanken Unicredit 21 Flexible Partner 22 Hanwha-owned Project Hanwha added its first PV plant - featuring modules from Hanwha SolarOne - to its portfolio in August 2010. 6 MW, Northern Italy, Hanwha Europe GmbH EPC: Solibra GmbH 23 Broad Portfolio Residential Black Diamond SF 160 SF190 Commercial & Utility Greenhouse SF260 SF220 24 Key Module Data • 12 year product warranty, 25 year linear performance warranty • Positive tolerance (0 +5) for ensured output reliability • Antireflective glass surface for maximum light absorption SF160 SF190 SF220 SF260 Mono x-tra Poly Poly Poly Mono x-tra Black Diamond Maximum Power 170-195 Wp 195-220 Wp 225-250 Wp 270-295 Wp Number of cells 6 x 12 (5‘‘) 6 x 9 (6‘‘) 6 x 10 (6‘‘) 6 x 12 (6‘‘) Dimensions 1580 x 808 = 1494 x 1000 = 1652 x 1000 = 1966 x 1000 = 1,277 qm 1,494 qm 1,652 qm 1,966 qm Module Efficiency 13,3 -15,3 % 13,1 -14,7 % 13,6 -15,1 % 13,7 -15,0 % 25 Greenhouse Module SF 160 Mono Maximum Power 195 Wp Number of cells 6 x 12 Dimensions 1650 x 828 = 1,36 qm Module Efficiency 15,3% 26 Trusted Partner • Proven technology and performance • Strong OEM background, specialized on high quality brands • Unique constellation of solid Korean backbone/Chinese production base • Industry-leading warranty terms • Broad portfolio, including solutions for special applications • Local contact persons for all issues, including after sales Hanwha Solar is looking for long-term cooperations. Win-win situations form the basis of our partnerships. 27 HANWHA ACQUIRES Q CELLS September 2012 28 Trusted Partner 29.
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