Neo Solar PowerCorporation

March 18, 2015

NSP at A GlanceFounded: December, 2005

Products: cells and modules2014 Year-End Capacity:•

Cell: > 2.20 GW•

Module: > 480 MW

Employees: 3,800

Headquarters: Hsinchu, Taiwan



Listed in Taiwan Stock ExchangeMarket Cap US$789 Million at the end of 2014

The world’s largest merchant cell company< 2 > NSP Proprietary
March 18, 2015

Milestones2005.12: NSP founded

2006.12: Breakeven and 100% utilization achieved

2009.01: Listed on the Taiwan Stock Exchange

2010.10: Launched “Super 17” (multi) & “Perfect 18” (mono) cells2011.09: Launched mono cell “Black 19” at EU PVSEC

2012.09: Announced “Super 18” and “Black 19+”



2013.05: Merged with DelSolar

2013.10: Awarded “Taiwan Excellent PV Product” by the Bureau ofEnergy, Taiwan
2013.10: Launched “Super19”, “Black20” cells and “BiFi” bifacial module
at PV Taiwan
2014.06: Launched “Super” (multi), “Power” (mono) module, and half
cut module “PowerH” at InterSolar EU 20142014.12: More than 6.1 GW of Cells and Modules shipped globallysince 2005< 3 > NSP Proprietary
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Core Competences
LeadingQuality

 Pioneer of combining semiconductor manufacturing

discipline into our Taiwan-engineered quality solarsolutions

 Inter-disciplinary experts in semiconductors, electronic

World-ClassTechnology

PrimeCustomer
Services< 4 > NSP Proprietary
March 18, 2015

systems, silicon raw materials, solar cell processing and solar
energy system engineering State-of-the-art facility, equipment and knowledge

 To enhance customer satisfaction and service efficiency
 To promote business relationship to partnership

The Executives
Dr. Quincy LinChairman 30+ years of experience in high tech management
 Senior Vice President of Taiwan Semiconductor Manufacturing Company (TSMC)
 Honorary Chair in Management at National Chiao-Tung University

Dr. Sam HongCEO
 30+ years of experience in PV solar energy
 Research Division Director of PV Solar Energy Division at the Industrial Technology
Research Institute (ITRI); VP & Plant Director of Sinonar Solar Cell
 Chairman of Taiwan Photovoltaic Industry Association (TPVIA)
Mr. Andy ShenPresident 30+ years of experience in semiconductor engineering, sales and marketing Senior Director, TSMC
 Managing Director, TSMC-Europe< 5 > NSP Proprietary
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Strong Growth Momentum< 6 > NSP Proprietary
March 18, 2015

Revenue Growth• 2012 revenue declined despite 15.4% shipment growth due to ASP erosion< 7 > NSP Proprietary
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Cell Capacity Overview
2014 Total Capacity: > 2,200 MW
China： > 400 MW

China

Taiwan：> 1,800 MW

FAB 2 & HQ
Hsinchu Science Park

FAB 5
FAB 6

Chunan Science Park

FAB 3
Wujiang, Suzhou< 8 > NSP Proprietary
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Tainan Tech. Ind. Park

Module Capacity Overview
2014 Total Capacity: > 480 MW
China：> 180 MWTaiwan：> 230 MW

China
GES (NSP Subsidiary)
Hsinchu Ind. ParkFAB 52
FAB 51
Hsinchu Science Park
Wujiang, Suzhou< 9 > NSP Proprietary
March 18, 2015

Strong R&D Capability
World leader in efficiency and yieldAdvanced characterization basedon years of experience insemiconductor device physics for
optimized performanceExcellent manufacturability andreliability to shorten time to market

Customer oriented technology road map to support
advanced products and partnership< 10 > NSP Proprietary
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Proven Module Capability

Power tolerance of 0 to +4.99 Wproviding a stable, high-energy system output

High PV cell shunt resistance enabling increased
power output in low light conditions



Low temperature coefficients of power to produce
high power output in all weather conditions

High efficiency solar cells and state-of-the-art manufacturing
technology to enhance cost efficiency per kWhHigh wind/snow load tolerant

Ammonia-resistant according to IEC 62716< 11 > NSP Proprietary
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NSP Module Features
 Standard Offerings

 Customized Offerings< 12 > NSP Proprietary
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Your Best Solar Partner
World’s top merchantsolar cell manufacturer
with proven track recordin quality

Industry leading
performance andreliability for our solarsolutions

Strong and diverse
customer base< 13 > NSP Proprietary
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Strong R&D commitment
and technology leadership

Cost effective structure

Experienced and wellrecognized management
team with strong industry
backgroundLargest BIPV in Taiwan

Taiwan National Stadium, 1MW PV System, EPC by Delta,
Solar cell by NSPArchitect: Toyo Ito

The largest building-integrated PV system in Taiwan



Annual CO2 reduction: 660 MTAnnual Power Generation: 1.1 M KWh< 14 > NSP Proprietary
March 18, 2015

Largest Airport PV System

USA Indianapolis Airport
25 MW PV System
Solar cell by NSPOn-grid ceremony
Oct. 18, 2013



PPA with Indianapolis
Power andLight Company (IPL)

Annual CO2 reduction
8,529 MTAnnual Power Generation
30M KWh< 15 > NSP Proprietary
March 18, 2015

Corporate Social Responsibility
 Environmental Sustainability
 Voluntary Commitment: A Member of PV Cycle Recycling end-of-life solar modules through PV cycle

 Minimizing environmental impact of end-of-life products

 Carbon Footprint Verification
 Received the Reasonable Level of Assurance (the highest

PAS 2050：2011

level for this certification)

 Waste Recycling Management initiated waste reduction and recycling

PAS 2050：2008

 Environmental Management System
 Assuring that environmental impact is being measured andimproved< 16 > NSP Proprietary
March 18, 2015

ISO 14001：2004

Corporate Social Responsibility
 Employee Well-being Safety and Health Adapting occupational health and safety management systems

 Training for laboratory work safety improvements

OHSAS 18001：2007

 Training and Development
 Set up internal training programs and provide information onexternal training courses

 Established E-learning platform and has been encouraging andpromoting training courses

 Workplace Wellness Practices of work-life balance Elimination of discrimination
 Promotion of physical and mental health< 17 > NSP Proprietary
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TOSHMS

Corporate Social Responsibility
 Social Contribution
 Volunteer Programs
 Environmental Care Volunteers:

Educating the public with knowledge on green energy, energy saving
and environmental protection

 Social Care Volunteers:

Caring for community, society and the environment< 18 > NSP Proprietary
March 18, 2015Thank You
Neo Solar Power Corp.
Tel: +886.3.5780011
Fax: +886.3.5781255
www.nsp.com< 19 > NSP Proprietary
March 18, 2015