Micro-Inverter. Corporate and Product Presentation. AEconversion GmbH & Co. KG. Micro vs. String. Product Details. USPs. Market Overview.

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1 Micro-Inverter Corporate and Presentation AEconversion GmbH & Co. KG

2 Inverter Modular MPP-Tracking Infinite Scalability Shading Module Mismatching and Orientation Reduced Fire Hazard Initial Cost Harvest Optimization and ROI

3 Modular MPP-Tracking -Inverters: - Maximum Power Point Tracking (MPPT) works on string level. - The whole system only performs as well as the lowest working module in that array, leaving some modules operating below their MPP. Micro-Inverters: - MPPT works on modular level, letting each module work most efficiently. - This increases power output of PV-system by about 5%!

4 Infinite Scalability -Inverters: - Limited to specific modulearray configurations. Micro-Inverters: - System can be installed as architecture requires. - Expansion of system easily done. - Micro-Inverters can be added to existing string systems.

5 Shading Residential Areas are often times affected by shading. Through the individual connection of Micro-Inverters, the total energy harvest can be increased by 5-25% depending on shading impact. Expanding customer base!

6 Module Mismatching and Orientation -Inverters: - Due to different module tolerances and possibly different module orientations in a system, modules can be working at different performance levels at a given time, which greatly effects the output of the system negatively. Micro-Inverters: - Each module works at its optimum and is not affected by the performance of other modules, enabling systems with different module orientations and tolerances.

7 Reduced Risk of Fire -Inverters: - High fire risk from arc faults due to high DC-voltages of about 6V and large geographic distribution on DC- wiring systems. Micro-Inverters: - Modules work at much lower DC voltages and current and limit the distribution of DC wiring to the vicinity of the module, eliminating arc fault risk.

8 Harvest Optimization and ROI With easy plug&play-installation and not having to do complicated shading and string planning, labor costs can be saved by decreasing installation and planning time. In systems where initial costs are slightly higher (e.g. in certain larger applications), more power can be harvested to increase Return on Investment!

9 16 14 System Performance Comparison July 212 : KWh Micro: KWh (+2,3 %) Micro

10 Portfolio Technical Data System Liability and Performance Tests 213 Roadmap Current R&D

11 Portfolio 4 Power Versions: - INV5-9: 5 W / 9 V 3 Communication Versions: - Powerline - RS-485 All available in 5 Hz and 6 Hz. Communication accessories: - PLC Gateway - Data Logger

12 System

13 Liability and Performance Tests Micro-Inverter tests are done in the field as well as demonstrated on testing-rigs for performance and reliability (MTBF). Third Party testing is done (among others) by Photon Magazine and Swiss University, rating available micro-inverters according to their performance.

14 Unique Selling Points AEconversion Micro-Inverter s key Unique Selling Points. German Engineered Technology Steady Inverter Performance MPP-Tracking Module Compatibility Customer/Country Versions

15 German Engineered Technology - German-Engineering quality standards in addition to monitored low-cost production in China. - design done by electrical / mechanical engineers with combined 3 years power electronics knowledge in both solar and industrial sectors - integrated Mains-Monitoring Switching Device (MSD/ENS) decreases system cost for small application because no external mains-monitoring is necessary

16 Steady Inverter Performance Due to the Isolated-Current-Fed-Inverter -Topology, a two stage topology, the widest input-range for Micro-Inverters is realized with full-power output over whole voltage range. This means The AEconversion Micro-Inverter provides continuous performance and max. power under any given condition! Varying input and output values and variations within operating temperature range do not affect maximum power Competitors reduce performance with varying conditions.

17 MPP-Tracking - extra wide range of module level Maximum Power Point Tracking AEconversion MPPT-Range: 2V - 5V - competitor micro-inverters limit range e.g. Enphase MPPT-Range: 22V - 36V e.g. Direct Grid MPPT-Range: 24V - 32V Partially Shaded Module -Scenario 2W 6Cell-Module 2/3 of cells at 1W/m 2 radiation 1/3 of cells at 15W/m 2 radiation

18 Current (A) Power (W) AEconversion Micro-Inverter MPP-Tracking (cont.) AEconversion Micro-Inverter Enphase MPPT Range Enphase Micro-Inverter / Module based MPPT Direct Grid MPPT Range I P AEconversion MPPT Range Voltage (V) Direct Grid Micro-Inverter Module based MPPT

19 MPP-Tracking (cont.) Wider MPPT range starting at 2V enables a higher power harvest. Scenario Array of 12 modules each 6-cell 2W - 3 modules: completely shaded - 3 modules: 1 shading-affected cells - 6 modules: free of shading Micro-Inverter / Module based MPPT Individual Module Power Point Power (W) Total Harvested Direct Grid Techn. Enphase Energy AEconversion

20 Module Compatibility The AEconversion Micro-Inverter is compatible with a wide variety of modules due to extra large MPPT-range. from cell modules to thin-film modules Competitor micro-inverters: - can not use 48-/54-/8-cell modules - have separate inverter versions for 6-cell and 72-cell modules.

21 Customer/Country Versions

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