Neo Solar Power
Corporation

December , 2015

NSP is Your Best Solar Partner

NSP is specialist in Solar Cells
 Solar Modules
 Solar System

NSP is world’s top merchantsolar cell manufacturer withexcellent track record in quality

NSP is your best solar solutions
with leading performanceand recognized reliability< 2 > NSP Proprietary
December 4, 2015

NSP at A GlanceFounded: December, 2005

Products: Cells, Modules and System2014 Year-End Capacity:•

Cell: > 2.20 GW•

Module: > 480 MW

Employees: 3,800

Headquarters: Hsinchu, Taiwan

2009 Listed in Taiwan Stock ExchangeMarket Cap US$789 Million at the end of 2014

The world’s leading merchant cell company< 3 > NSP Proprietary
December 4, 2015

A Pioneer in PV Industry
With continued technology breakthrough and business
innovations, NSP has been the bellwether of Taiwan PVindustry.
 First in making acquisition First in building solar systems globally First in doing YieldCo First in commercial shipment of bifacial solar products First in manufacturing lead free modules< 4 > NSP Proprietary
December 4, 2015

Milestones< 5 > NSP ProprietaryDecember 4, 2015

Core Competences
LeadingQuality

 Pioneer of combining semiconductor manufacturing

discipline into our Taiwan-engineered quality solarsolutions

 Inter-disciplinary experts in semiconductors, electronicWorld-ClassTechnology

PrimeCustomerServices< 6 > NSP Proprietary
December 4, 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, 2011 - 2015)
Mr. Andy ShenPresident 30+ years of experience in semiconductor engineering, sales and marketing Senior Director, TSMC
 Managing Director, TSMC-Europe< 7 > NSP Proprietary
December 4, 2015

Strong Growth Momentum< 8 > NSP Proprietary
December 4, 2015

Revenue Growth• 2012 revenue declined despite 15.4% shipment growth due to ASP erosion< 9 > NSP Proprietary
December 4, 2015

Cell Capacity Overview
2014 Total Capacity: > 2,200 MW
China： > 400 MW

China

Taiwan：> 1,800 MW

HQ & FAB 2
Hsinchu Science Park

FAB 5
FAB 6

Chunan Science Park

FAB 3
Wujiang, Suzhou< 10 > NSP Proprietary
December 4, 2015

Tainan Tech. Ind. Park

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

China

Taiwan：> 230 MW

FAB 53
Hsinchu Ind. ParkFAB 52
FAB 51
Hsinchu Science Park

Wujiang, Suzhou< 11 > NSP Proprietary
December 4, 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< 12 > NSP Proprietary
December 4, 2015

NSP Multi-crystalline Products Super19 – 4BB: High efficiency multi cells Average cell efficiency >19.2%
 Max cell efficiency: 19.7%
 Ideal for 285W (60cells) & 335W (72cells) panels< 13 > NSP Proprietary
December 4, 2015

NSP Mono-crystalline Products Black20 – 4BB/5BB: High efficiency mono cells Average cell efficiency >20.8%
 Max cell efficiency: 21.2%
 Ideal for 300W (60cells) & 360W (72cells) panels< 14 > NSP Proprietary
December 4, 2015

NSP N-type Bifacial Product BiFi: n-type bifacial mono-crystalline cells Zero cell LID (equivalent to 3% more output in life time) Average cell efficiency (front side) >20.0%
 Nominal Power equivalent power 330W
(20% power gain from rear side at suitable installation)
 Ideal for flat rooftops, vertical installations, BIPV, carport, snow
or desert environments< 15 > NSP Proprietary
December 4, 2015

Excellent Module Reliability< 16 > NSP Proprietary
December 4, 2015

Additional Module Benefits< 17 > NSP Proprietary
December 4, 2015

NSP Module Awards & CertificatesAwardsCertificates

Certification
Authority20132014

2015< 18 > NSP Proprietary
December 4, 2015

ISO 14001：
2004

PAS 2050：2008

PAS 2050：2011

NSP’s Worldwide solar system projects< 19 > NSP Proprietary
December 4, 2015

Largest BIPV Stadium in World

Taiwan National Stadium,
1MW PV System, with NSP highperformance solar cellsWith 8,844 Solar Modules andcover a surface area of 14,155
square metersArchitect: Toyo ItoThe largest building-integrated
PV system in Taiwan



Annual CO2 reduction: 660 MTAnnual Power Generation:
1.1 M KWh

< 20 > NSP Proprietary
December 4, 2015

Largest Airport PV System in WorldUSA Indianapolis Airport
25 MW PV System with NSP
high performance solar cellsWith 76,228 Solar Modules
and nearly 162 acres of landOn-grid ceremony
Oct. 18, 2013



PPA with Indianapolis
Power and Light Company(IPL)

Annual CO2 reduction:
8,529 MTAnnual Power Generation:
30M KWh< 21 > NSP Proprietary
December 4, 2015

Rooftop Solar Systems in UKTameside, Greater Manchester
Rooftop Solar Systems 14 MWwith NSP high performance solarcellsWith more than 56,000 Solar
Modules and spread out on therooftops of 4,500 homes

The landmark installation of 1,000homes with 3.1MW completed andCOD on
Oct 15, 2014Annual CO2 reduction: more than500 MTAnnual Power Generation: 12MKWh< 22 > NSP Proprietary
December 4, 2015

NSP Group’s strategies in the future
Vertical integration from mid to downstream

Invest more in global solar system development andconstruction business with our subsidiary, General Energy
Solutions Inc. (“GES”, Ticker: 6466)

Expanding solar system projects with an international project
developer of solar system and jointly form an YieldCo to bepublicly listed in Hong Kong Stock Exchange

Target to submit the IPO application in 2016H1
The YieldCo or IPP company is expected to own 200MW to400MW solar system projects upon IPO
Expect to raise US$150M funds upon IPO

NSP Group has around 40~50% market share in Taiwan’s
solar module market and expects to increase our systemprojects in Taiwan to 100MW in 2016 (solar demand forTaiwan
local market would be around 500MW/Year in the< 23 > NSP
Proprietary
December 4, 2015future)Thank You
Neo Solar Power Corp.
Tel: +886.3.5780011

Fax: +886.3.5781255

www.nsp.com< 24 > NSP ProprietaryDecember 4, 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 highestlevel for this certification)

 Waste Recycling Management initiated waste reduction and recycling

 Environmental Management System
 Assuring that environmental impact is being measured andimproved< 25 > NSP Proprietary
December 4, 2015

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 on

external 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< 26 > NSP Proprietary
December 4, 2015

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< 27 > NSP Proprietary
December 4, 2015

Your Best Solar Partner
World’s top merchantsolar cell manufacturer
with proven track recordin quality

Industry leading
performance andreliability for our solar
modulesGlobal footprint of highyield PV systems< 28 > NSP Proprietary
December 4, 2015

Strong R&D commitment
and technology leadership

Cost effective structure

Experienced and wellrecognized management
team with strong industry
background